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Old 10-27-2014, 10:51 AM   #41
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A friend and I went to Galpin Ford in 1967 and together we bought a 67 Shelby GT500 off the lot, we had no idea it was going to be a classic, we just wanted something fast and didn't like chevys (sorry chevy fans). Anyway, long story short, I ended up with the car by myself and when I moved to Hawaii I just put it in storage with another friend keeping an eye on it. Life goes on and you forget about things.......I was reading one day about 25 years later what 67 Shelbys were selling for and jumped out of my seat! Caught the next flight back to the Mainland, got the car out of storage and had it restored to factory specs (new paint etc.)

It is how I ended up getting involved in collecting cars. Bought a 70 Boss 302, a super cobra jet, 71 boss 351 etc. I now use them as part of my retirement plans.

PS. Anybody remember Beneficial Finance? I was so young they were the only company that would lend me money, I think it was probably 21% interest or something stupid like that.............
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Old 10-27-2014, 03:36 PM   #42
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I just lost a longer post musing about rare wine and books. Any success stories in those areas to share?
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Old 10-27-2014, 05:21 PM   #43
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PS. Anybody remember Beneficial Finance? I was so young they were the only company that would lend me money, I think it was probably 21% interest or something stupid like that.............
I remember the Beneficial ads. Never did business with them but remember the radio ads. But for a '67 Shelby GT 500 21% was a deal....
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Old 10-27-2014, 05:29 PM   #44
Recycles dryer sheets
 
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I remember the Beneficial ads. Never did business with them but remember the radio ads. But for a '67 Shelby GT 500 21% was a deal....
Looking back YES!


But at the time it was hard to swallow...
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Old 10-27-2014, 08:07 PM   #45
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Nobody I know has made money investing in collectables. Nobody. Lots of big talk about how they are going to pay for their kid's college expenses by selling off their beanie baby collection. On a similar note, some of these people still brag about
how that land out in Palmdale is going to be worth a fortune as soon as the new InterContinental airport is built out there since there is no room to expand LAX.
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