How to get rich quick : Buy Classic Cars story from CNN
A CNN story that featured a report of a New York City sale of 31 Classic Cars by Sotheby's found it's way to some very interested readers that were not at all interested in automobiles.
The story reported that the 31 Classic Cars and other items that were sold in New York City realised $63 Million in just 2 hours, announcing to New Yorkers that Classic Car Investing is now big business. The sector has grown by 430% over the last 10 years according to the Knight Frank Luxury investment Index, which far outweighs the miniscule 55% for the FTSE Index over the same 10 year period. The price of gold only rose by 273% according to Knight Frank, and so the rush into Classic Car Investing may well now accelerate.