Is investing in retro safer than banks?

[JeRkY]

[although i hear alot of people are hedging by moving their portfolios to gold ... annodised cranks, bars and hubs ....]

moi? :twisted:

 

[GoldenEraMTB]

With all the financial doom and gloom and banks collapsing left right and centre wonder if it's time to close my one and only savings account (C&G paddington bear junior savers) and invest the money in a couple of new rides.

Not seen retro pricing plummet as yet and even if it does at least you'll have something to show for it. Could vintage, retro, classic be the one economic rock in these troubled times.

Yes! You are on to something here. BUy BUY Buy...but don't sell anytime soon.

 

[utahdog2003]

Banks!!?!

That assumes you are still basing your future on cash! My mattresses are stuffed with Syncros Ti posts, Cook Bros cranks and Ringle water bottle cages!

Lumpy?...yup..Uncomfortable?...hell yes (ever roll over and get a crank stuck in your......ribs?), but when the whole mutha burns to the ground I won't be in the bread line! :shock:

 

[GoldenEraMTB]

Banks!!?!

That assumes you are still basing your future on cash! My mattresses are stuffed with Syncros Ti posts, Cook Bros cranks and Ringle water bottle cages!

Lumpy?...yup..Uncomfortable?...hell yes (ever roll over and get a crank stuck in your......ribs?), but when the whole mutha burns to the ground I won't be in the bread line! :shock:

you too???

cool, thought I was the only one. But mine happened for a whole other reason...due to the economy, I've given up my storage space- leading to parts and frames all over our apartment. Needless to say, my wife is none too happy.

 

[cce]

If you had purchased £1000 of Northern Rock shares one year ago it would now be worth £4.95.

If you had purchased £1000 of HBOS shares one year ago it would now be worth £16.50.

If you had purchased £1000 of XL Leisure shares one year ago it would now be worth less than £5.

But if you purchased £1000 worth of Blackthorn cider one year ago, drank it all, then took the empty cans to an aluminium re-cycling plant today, you would get £214 in scrap value.

 

[Russell]

If you had purchased £1000 of Northern Rock shares one year ago it would now be worth £4.95.

If you had purchased £1000 of HBOS shares one year ago it would now be worth £16.50.

If you had purchased £1000 of XL Leisure shares one year ago it would now be worth less than £5.

But if you purchased £1000 worth of Blackthorn cider one year ago, drank it all, then took the empty cans to an aluminium re-cycling plant today, you would get £214 in scrap value.

Thats not true is it?

 

[retrojon]

So what items should one invest in?

I'd hate to get stuck with a job lot of black Porcs when everyone wanted white, or 1000s of Bula hats...

It's a minefield!

 

[daj]

to a degree its true though... I dont think I have brought much older bike stuff that if I sold it I wouldnt make a little or for sure get my money back ...So what do I do ..Go and spend loads on a newer bike ha.ha

 

[JeRkY]

to a degree its true though... I dont think I have brought much older bike stuff that if I sold it I wouldnt make a little or for sure get my money back ...So what do I do ..Go and spend loads on a newer bike ha.ha

yup, thats always my justification on ebay, If I bid X amount and win, that means some one else bid X-£1 and missed out, there fore worst case I can always sell for a £1 loss.... well...thats how the theory of the justification in my head works!

And yeah, the only bits I think im going to lose vast sumns on in the long run are my 2008 epic (new shop purchase) and the custom middleburn cranks I just got.

 

[holden]

some one else bid X-£1 and missed out, there fore worst case I can always sell for a £1 loss

i wonder about that. my nerdy analysis:

sometimes we see an ebay item that sells at price X then someone else immediately list a matching item with a buy-it-now that equals or approximates X. guess what ... sometimes it doesn't sell anywhere near the price X.

if the original winner is no longer in the market for a second similar item, the key price is the high bid, Y, of the third bidder since that would be the amount the second bidder would win it at, Y+1, assuming both parties are still in the market and no new parties enter it and everyone bids the same.

so, worse case can be a LOT more than £1.