So this exists

We all knew it would at some point and I'm not giving any other context besides a link.

It is safe for work by the way as it's a smartphone app.

This has scam written all over it.  Even if legit, it's a terrible idea.

Nope.

Nope.

Nope.

I'm not sure that's how this works...

It's just a mutual fund that's pretty to look at.

Keith Tanner said:

It's just a mutual fund that's pretty to look at.

...and has a highly volatile investment portfolio.  Literally and figuratively.

Like any investment, there are the blue chips and the gambles. Had you bought a 911 at the right time, you'd be laughing. Everybody with a 50's American car already has what they want. Meanwhile, classic Ferraris just keep climbing.

https://www.hagerty.com/apps/valuationtools/market-trends/collector-indexes/Muscle_Cars

BG chassis are the next big thing, now's the time to get in, buy buy buy! 

captdownshift said:

BG chassis are the next big thing, now's the time to get in, buy buy buy! 

https://www.investopedia.com/terms/p/pumpanddump.asp

In reply to Keith Tanner :

Lololol I'm dead. 

WHY did you share that?  I didn't need to know that site existed (not the app. that's dumb).

And all my money is tied up in frozen orange juice concentrate:(

D2W said:

And all my money is tied up in frozen orange juice concentrate:(

Just be patient....

bluej said:

WHY did you share that?  I didn't need to know that site existed (not the app. that's dumb).

I peruse it every few months. Some stuff is neat other stuff you really have to wonder who their audience is. I was really heavily into both Uncrate and GearPatrol when I was going through my microbrand watches and DE razor phase.

I've bought a few things (Halios Laguna and a concrete shave bowl are the ones right off the top of my head) based on the "That's cool" factor from being featured there.

slefain said:

D2W said:

And all my money is tied up in frozen orange juice concentrate:(

Just be patient....

They're panicking.

They're afraid they won't be able to buy they're kid the GI Joe with the kung-fu grip. 

They're panicking.

In today's world of bitcoins and cryptokitties, the relative lack of stupidity in this is almost refreshing.

I was surprised to see that a 512 bbi is legitimately a $300k+ car. Wow those have been going up in value.

GameboyRMH said:

In today's world of bitcoins and cryptokitties, the relative lack of stupidity in this is almost refreshing.

I was reading somewhere that cryptocurrencies are legitimately profitable to invest in.

As long as you get in on the ground floor, and sell it all after a month or two.

So - somebody came up with a business model to have other people pay him to accumulate and drive a collection of classic cars. I'm just jealous I didn't think of doing that first.

If I'm not mistaken this was also a thing in the overheated economy of the late 80's. Somebody made money on it but it wasn't the investors.

I told my wife the other day that as soon as the economy tanks I'm going to start looking for a 70 Z28. I really want one but they're too expensive now.