23 year old engineer invested in a 1931 Ford Model A instead of stocks. And WON!
 

This is an uplifting story and glimpse into the future of the hobby that I believe worth sharing. May John's story brighten your day and be a blessing to you. https://www.youtube.com/watch?v=VQqofc0KMbE

Re: 23 year old engineer invested in a 1931 Ford Model A instead of stocks. And WON!
 

I remember reading this in the WSJ when it first appeared. I think that the inference that investing in a Model A instead of stocks is a bit misleading.

Re: 23 year old engineer invested in a 1931 Ford Model A instead of stocks. And WON!
 

Then watch the video and hear it from his own mouth

Re: 23 year old engineer invested in a 1931 Ford Model A instead of stocks. And WON!
 

Watched again Paul and I stand by my post. You’re the one that implied that buying a Model A was better then the stock market

Re: 23 year old engineer invested in a 1931 Ford Model A instead of stocks. And WON!
 

I disagree. Around the 1:45 timestamp, John saying that after inflation, usually stagflation follows and classic car values have a reputation of being stable.

I know you enjoy disagreeing with me, but there it is, right from John's mouth.

Re: 23 year old engineer invested in a 1931 Ford Model A instead of stocks. And WON!
 

I enjoyed your interview with this Gentleman from Florida. Keep on keeping on doing these utubes. I appreciate your efforts. I now live too far from MARC/MAFCA clubs to be active in them. These do give me a boost in motivation.

Re: 23 year old engineer invested in a 1931 Ford Model A instead of stocks. And WON!
 

Paul GREAT video loved it!! This guy is really uplifting he's a great fellow with a BEAUTIFUL Model A slant windshield LOVE the car! Loved his story:)

I've been around Model A's since 1971, and I heard all of the 'the hobby is dying' stuff way back in the 70's. There are always a gaggle of naysayers out there!

One key word I picked up on in the video was.... attitude.... that is all-important. In all endeavors of life.

I never look upon old cars as an 'investment' I just enjoy having them and tinkering on them. The investment angle is the wrong approach to me. If they go up in value yeah OK if they drop so be it I really don't care! My new Ford is going to drop $25,000 in value in about three years, and I don't care about that. It is the trade off for what I wanted from the vehicle.

And having an antique car is a lot more fun than staring at a piece of paper with a figure on it...............

Re: 23 year old engineer invested in a 1931 Ford Model A instead of stocks. And WON!
 

Jeff/Illinois, “Ditto”

Re: 23 year old engineer invested in a 1931 Ford Model A instead of stocks. And WON!
 

YES! And, thank you.

Re: 23 year old engineer invested in a 1931 Ford Model A instead of stocks. And WON!
 

tell that to the guys who bought Nvidia a year ago.....................

lol

they now own three model As.

Re: 23 year old engineer invested in a 1931 Ford Model A instead of stocks. And WON!
 

IMO, dollars is a very poor way of measuring the value of something. There are far better ways and they vary person to person, If this guy thinks he did better buying a Model A than sinking the money into the share market, he did. The share market would not teach him life lessons and useful skills like he will learn tinkering with his Model A, therefore, his life is enriched in a more intangible way and no recession or stagflation will take it away from him like he might lose $.

Re: 23 year old engineer invested in a 1931 Ford Model A instead of stocks. And WON!
 

Thank you Paul and Tina. I appreciate all your hard work and passion

Re: 23 year old engineer invested in a 1931 Ford Model A instead of stocks. And WON!
 

OK simple math compare Model T and A prices of 20 years ago and today. They have both lost money compared to conservative stock investments.


I sold my 66 Shelby for $20,000 a profit in 4 years of $18,000. If I had held onto it I'd be asking $175,000+ for it. Around 1975/6 I turned down a 3.000 mile 1969 Boss 429 for $3,000 just because a cylinder head was in the trunk. That car today is nearly 1/2 a million.

You can make money on collector cars - if you use the right crystal ball......

Re: 23 year old engineer invested in a 1931 Ford Model A instead of stocks. And WON!
 

Shoulda put that head back on!!!
Is that crystal ball the same one a shares investor would use? I suspect so.

Re: 23 year old engineer invested in a 1931 Ford Model A instead of stocks. And WON!
 

Years….:cool:

Re: 23 year old engineer invested in a 1931 Ford Model A instead of stocks. And WON!
 

In the 70's I sold my 29 tudor for 7K at Hershey. After I sold it and had the money in my pocket I came across a guy down the street from me who was selling his 1955 300 sl Gullwing for the exact amount, 7K. I passed on it because wanted something older.

Well DUH. How many times do you think I kicked myself for that? What is the gullwing worth today?

Re: 23 year old engineer invested in a 1931 Ford Model A instead of stocks. And WON!
 

Coulda-shoulda-woulda. :)

Re: 23 year old engineer invested in a 1931 Ford Model A instead of stocks. And WON!
 

gullwings are around 1.5 million on avg

Re: 23 year old engineer invested in a 1931 Ford Model A instead of stocks. And WON!
 

Hitman- nvidia went up close to 200% in ONE yr.

that equals 3 model As

not a bad ROI

Re: 23 year old engineer invested in a 1931 Ford Model A instead of stocks. And WON!
 

I watched that Video Paul, and it was a very good and uplifting 'interview'. Congrads on him and his new bride, and that getaway car was perfect!