The market

[dennywags]

Dow 14,000 is going to pop this bubble big time.

[matt930s]

Um.....OT?

[Skwerl]

There could probably be some discussion about the stock market's downturn and its potential impact on the collector car bubble and, hence, all the air-cooled Porsche nuttery.

[Matt Monson]

Or just wait 90 days and see what happens instead of guessing.

[turbo owner]

Originally Posted by Skwerl

There could probably be some discussion about the stock market's downturn and its potential impact on the collector car bubble and, hence, all the air-cooled Porsche nuttery.

Stocks being dumped causes the down turn, it also means the sellers have $$$$$$$$ to reinvest.

[mooty]

for margin traders, the recent little blip could be worry some.
for smart investors, until 30-35% drop, there is nothing to worry much about.
and a web forum is too difficult to discuss investment theory and global economics

[christiandk]

Originally Posted by matt monson

or just wait 90 days and see what happens instead of guessing.

+1

[mooty]

Originally Posted by Matt Monson

Or just wait 90 days and see what happens instead of guessing.

smart man, as usual

[plumber]

Quick dump your car's now dropping like a stone.........just pm me first!! Lol
Just another bump in the road, buy some new shocks and carry on.
You could always sell you car and invest in the market before it rebounds.

[Macroni]

Candidly, I am trying to understand what is happening in China and its impact......

[christiandk]

The invasion of arab and african immigrants to Europe will soon have a much greater impact to the macro economy than Chinas slowing economy.

Germany has taken appx 1 million imigrants this year - so far costing more than 10B Euros! All these new citizens are people who expect and will be given everything without doing anything.

My family and I have already started planning our escape to the other side of the world. And I bet thar many other west euro Porsche owners are doing the same.

[2ndTARGA]

Related content:

Stop Kidding Yourself. A Classic Car Is (Almost) Never a Good Investment - Bloomberg Business

"peak Porsche"??

[NYNick]

Geez, seems to me our car's values are looking better and better, making us all look smarter!

CK, where's 'other side of the world ' to you? NZ?

[christiandk]

Yeah, Nick. NZ is exactly what I meant. US an option, but getting a green card for me and the missus is not a walk in the park.

Market is bouncing back today - hope that you all did not sell your cars yesterday when they were cheap !?

[NYNick]

Not that I'm that well traveled, but NZ is the most beautiful country I've ever visited. People are wonderful. I'd consider it, but it's just too far from 'home' for us.

[Nick Triesch]

The good news is maybe I can change my classic car policy back down to $16,000 again and save some bucks!

[2ndTARGA]

Interesting article. Pure speculation, but I would think there's not much difference, emotion-wise, between the art market and the high-end of the collector car market. Especially for the recent influx of non-enthusiast buyers. Thoughts?

Art Collectors Were Busy Looking for Liquidity During Market Rout - Bloomberg Business

[soundbehindyou]

Don't kid yourself air-cooled porsches are a commodity. Like the Art market and historic collectables they rise when the economy is robust and money is more liquid. If the economy weakens Art is the first to slow, as are non-essentials like muscle cars. The best and rarest will rule. Sorry to say the majority of porsches are not rare.
When the stock market cools, those with cash may move to more tangible income producing assests like real estate. People need housing, not classic cars.
Having said all this, I hope my air-cooled steel continues to non-deflate.

[Ronnie's.930]

Originally Posted by christiandk

US an option, but getting a green card for me and the missus is not a walk in the park.

Christian, next you'll be saying that you and the family are moving to North TexASS (bringing the 912E ground-pounder with you, buttofcourse) to fulfill your personal fantasy of being my neighbor, BUTT I don't think you're ready for all this, bub! Plus, you'll need to get some diapers for the ole' 912, as it will shat itself repeatedly at the sight of the Rear Booster!!!

[christiandk]

Originally Posted by Ronnie's.930

Christian, next you'll be saying that you and the family are moving to North TexASS (bringing the 912E ground-pounder with you, buttofcourse) to fulfill your personal fantasy of being my neighbor, BUTT I don't think you're ready for all this, bub! Plus, you'll need to get some diapers for the ole' 912, as it will shat itself repeatedly at the sight of the Rear Booster!!!

Buddy, I could never compete with you in the rear booster. The two of you are a match made in hell but have you thought of this instead. Cashing out now on the 930 would be wise, imo.

Dont like new cars, but this is not half bad.



PM some pics of your hood please - But I would have a hard time living without the sea.