Can Classic Ferraris be a hedge against inflation?

Can Classic Ferraris be a hedge against inflation?

Author
Discussion

belfry

Original Poster:

952 posts

183 months

Sunday 14th August 2022
quotequote all
I have been wondering how the truly wealthy will hedge against inflation at double digit rates.

The attached article from a decade ago points out that a traditional investment yielding 5% will actually become less attractive with inflation rates above that.

https://www.hagerty.com/media/buying-and-selling/t...

I don't know but I'm guessing that this will be a good place to ask this question.

belfry

Original Poster:

952 posts

183 months

Friday 30th September 2022
quotequote all
With inflation around 10% I’d fret about leaving cash in the bank to be eroded by inflation.

I’d be tempted to buy something like a 512BB instead. I get to use the asset and I don’t see these dropping over the next 5 years due to lack of supply and consistent demand.