By Samuel Taube You’ve heard us say it before: Asset allocation is responsible for up to 90% of your long-term investment returns.
To get the most out of your portfolio, you need to sensibly divide it between U.S. stocks, foreign stocks, bonds, precious metals and other asset classes.
And as you can see from this week’s chart, classic cars are an unexpectedly good way to diversify your investments. In fact, they’ve beaten the S&P 500’s returns over the last decade.
How Classic Car Investing Works
A classic car is an example of a rare tangible asset – that’s a physical investment with aesthetic or collectible value.
Many cars …read more