Quote:
Originally Posted by wyatth
Agreed, one needs to enjoy it otherwise it's just not worth it.
Even a good investment like an E30 M3.
1989: Selling price of ~$40K
2020 top selling price: $250K
But $40K compounding for 31 years with an additional $50/mo (conservative for insurance, gas, storage, minimal maintenance, etc) at a modest 6% annual return: $295K
BLUF: Unless you're driving it, park it in your S&P ETF, not in the garage.
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Exactly! Now run the same model for a newer M3, even the most rare. Horrible investment...