Why stop at Ferraris? Anything can/can't be an investment. Boats, planes, vacation homes, vintage motorcycles, art etc. Who cares, if you want these things, there are ways to buy them right. QOL might be doing 200MPH only 6 inches from the ground or getting that place in the keys. You can invest in many things with varying risk and returns. I have yet to catch a 60lb fish with an electronic certificate of deposit. Does Vanguard build homebuilt jet kits like Sonex? People have cleared 20% in 2 years and the enjoyment of the build and test flying.

I’m going to die shortly after retirement anyways (based on law of averages). Might as well have fun now. My retirement fund is for my wife’s longevity. Not being cute, honestly believe this.

Exactly. I’m going to enjoy my life with my family and make sure the wife is well taken care of if I go first. If there’s something left for the kids, so be it. They get their first car and their college on me. After that it’s on them.

I know too many that lived like misers and then died early and did nothing but leave a pile for someone else to spend. Not that I’m going to be reckless but I will enjoy what I make.

Nobody said a Ferrari was an investment strategy. But people poopoo it as frivolous and a waste of money when that isn’t necessarily the case. I’m not a professional trader (as you state above) yet somehow I managed to enjoy Ferrari ownership for three years and end up better off financially than I would have had I not bought the car. I certainly didn’t flush 6 figures down the toilet as some of the nay-sayers would like to believe.

Insurance was around $150 a month with a clean record.

I don’t know what you mean by “normal” people or what that has anything to do with roads in the north. Maybe log on to Ferrarichat.com and ask someone who owns a Ferrari there.

My E39 has outperformed every one of my other financial instruments:-). I have a Hagaerty guaranteed value policy that is less than 1,000 / year. People are shocked to hear that it is not that expensive to insure an exotic (obviously my E39 is not an exotic) but generally an exotic is not a daily driver and is driven carefully by the owner. Doug DeMuro mentioned in one of his videos that his Ford GT (now worth about 350K) is less than 2k a year to insure.

Anyone who thinks cars can't be good investments clearly hasn't visited www.bringatrailer.com

​​​​​​ Ferraris are very popular up north. About 1/4 of the ones I've seen are from Montana. ;)

As far as indulgences go, a used Ferrari is not absurd. The biggest cost in most states is the sales tax.

that $930k bronco bid last week was a pretty good ROI

1. Depressing


2. Accurate. (and she's older than I am...with a bloody pension of her own. "The fairer sex" vs. "The patriarchy" - I choose the FS- apparently an option now; alas, not quite willing to transition.)

Not to be a complete D, but actual inflation is running par at that % .

(Have CD's, do ladder, older I get the more I'm convinced that real estate is only investment worth a darn. With the exception of "people who chose to live outdoors", everyone needs a place to live)