When it comes to investing, there’s no such thing as a sure thing, as evidenced by the recent “correction” on Wall Street. However, statistical analysis and historical perspective can provide some guidelines about where to invest in volatile times.
Of course, classic car values also fluctuate. For example, while values in the mainstream segment of the collector car market have been increasing a a nice rate of late, prices at the very top end have tended to be somewhat sluggish.
It’s too early to know the length or, let alone the long-term impact of the recent stock market correction, or how it might impact the collector car marketplace. But we’ll have a much better read on the situation next month as we observe the upcoming auctions on Amelia Island, Florida.