I was involved in banking for over 35 years. I'm glad that I am totally out of it. We always had a saying that "investors get so focused on the return on their investment that they lose slight of the return of their investment". Right now there is a lot of money floating around and lotsa people are paying big bucks for so called investments. There were a lot of bargains around in 2008, but those days are over. Muscle cars are hot right now, but I don't care to be a buyer in a hot market. I also traded commodities for more years than I was involved in banking. It didn't long to learn that its not to be good to be a buyer when everyone else is buying.
I have bought 2 cabover Internationals this year, and I bought about 5 GMC 250s up to 550s last year. But I bought them because I wanted them. I fully expect every one of them to be worth less than what I paid for them because I paid for transportation. If I put money into them, it will be money in a black hole. But as long as my gasoline business and my trucking business earns enough to buy these toys, I do it. It wasn't that long ago when I was sitting on a loan committee and any kind of collectibles were considered fluff.
I am old enough to remember the recession of the 60's, the bust of the 80's, the dot com bust of the late 90's and the bust of 08. During those times, cash in a federally insured insurance was king and old cars sold for cheap.
