280: Wine Collecting vs. Classic Cars as Investments
Be Wealthy & Smart
Linda P. Jones
4.8 • 883 Ratings
🗓️ 20 June 2017
⏱️ 7 minutes
🧾️ Download transcript
Summary
Learn whether wine collecting or classic cars have been a better investment.
Article is posted on my website at http://lindapjones.com, podcast 280.
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Transcript
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| 0:00.0 | Be wealthy and smart, episode 280. |
| 0:03.0 | I'm gonna live no rich life. |
| 0:06.0 | Rich life. |
| 0:07.0 | If you all the best life. |
| 0:10.0 | If y'all know what I mean, put your hands up and declare with me, yeah, I'm full of pain, |
| 0:17.0 | I'm gonna live a good life. |
| 0:21.0 | A few people is glorious, like. Step into a world of wealth of wealth and financial freedom without budgets, boredom or bosses on |
| 0:31.3 | be wealthy and Smart. |
| 0:34.0 | And now here's your host, Linda P. Jones. |
| 0:38.0 | Welcome to Be Wealthy and Smart. |
| 0:40.0 | I'm Linda P Jones, America's Wealth Mentor. |
| 0:42.0 | Empowering women and Men Worldwide to Financial Freedom. |
| 0:45.7 | On today's show, we're going to talk about wine collecting versus classic cars as investments. |
| 0:52.3 | Which one do you think has performed better recently and over the |
| 0:57.0 | last decade? Well this was a really fun article on CNBC's website written by Robert Frank and it was fascinating to me because I have |
| 1:08.0 | a lot of friends who do invest in wine. I have a lot of people from the brokerage industry I used to work at years ago that |
| 1:15.7 | had huge wine collections. I mean they would go to these auctions and they would buy mostly |
| 1:21.7 | red wines I believe, but they had over a million dollars in their wine collection and so they were really into it. |
| 1:29.0 | And then I have friends in Washington who are into wines and collect hundreds of bottles. |
| 1:36.0 | I have friends that belong to different wine clubs. |
| 1:40.0 | One belongs to 12 different wine clubs, no they're not an alcoholic and they get boxes of |
| 1:48.0 | wine from these 12 wine clubs and they fill up their wine cellar and so I have a lot of friends that are really into it. |
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