The Mudcat Café TM
Thread #35082   Message #477618
Posted By: pattyClink
06-Jun-01 - 12:13 PM
Thread Name: Guitars as investments?
Subject: RE: Guitars as investments?
And for a word from the investing community: don't forget the time 'cost' of money and the phenomenon of compounding. A nice story of how a guitar has appreciated from $500 to $1500 over 20 year isn't as amazing if you tabulate the same 500 in your IRA the same time period. At a very conservative 5%, the money is worth $1326 at the end.