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You need to pay attention to the data coming out of the collector car community

You need to pay attention to the data coming out of the collector car community

More people need to know about this data coming out of the collector car community…and how that impacts other luxury goods like watches. 

Get this…Sales volume of collector cars is down 80-90% the past 2 years.

But…collector car prices have remained UNCHANGED over this same period.

This is according to a recent Haggerty report, the foremost leader in collector car insurance. 

So how is it that demand dries up while prices remain stable?

This is a really important question because not only are we in an uncertain economy and near an election…

…yet we’re seeing incredible price stability and even some records set on collector cars last month at Monterey Car week. 

This is a testament to how strong the collector car asset class has been in the last 12-24 months especially with all the chaos and craziness going around. 

It’s important to understand what this means to you and your money…and find ways to take advantage of it. 

The traditional investment route promotes a 401k, a diversified stock portfolio, & real estate. 

I own all three asset classes, but I believe that focusing exclusively on these three categories to build wealth misses big opportunities (and life-changing experiences).

Would you rather park your money into a portfolio of stocks or a collector car? 

The right answer is both. But hardly anybody thinks this way. 

You have to aim for the right assets so that you’re transferring (not spending or consuming) your money into these things.

And the right assets are not just the equity markets & real estate.

Yes, the right luxuries can be an investment as well; an asset, not a liability. 

Collector cars, Hermes handbags, Art…and of course, luxury watches. 

Luxury watches depreciate instantly, which means their cost basis exposes itself quickly. The built-in value of marketing disappears after the first purchase. Condition will play a role in its value, but time will be favorable to you. 

The watch to do this with right now is the Ulysses Nardin Maxi Marine Chronometer 18k Gold. It retails for $32,000. 

However, you can find complete sets in mint condition on the secondary market for less than $20,000. That is a whole lot of watch for the money. And a unique way to diversify your assets into something really smart and fun. 

This Ulysses Nardin model is also an enthusiast watch that will start more quality conversations than a Rolex ‘Blusey’ at your next client meeting or networking event.

This is how you get creative with your earnings in very exciting ways.

You just need the right guidance and expertise to avoid the pitfalls.

That’s where I can help.

Drop a comment for your favorite collector car or watch.