What's the best investment guitar?
- Thread starter MadKaw
- Start date
ForTheLoveOfIvy
Gretschie
Never a truer word spoken.The one you did not buy?
afire
Friend of Fred
And it kind of puts the lie to the theory that it's been boomers alone propping it up. With the massive surge over the last few years, there are obviously a lot of younger players very active in the vintage market. It's not collapsing anytime soon, although I'd love to live to see it happen. But it does seem like some kind of "correction" has to happen at some point.
Lou Coppolino
Country Gent
IMO, investment is what works for you and not to go by market trends.
Vendors tend to raise prices on what is the popular toy they can make a profit on and not necessarily what the working musician needs.
Vendors tend to raise prices on what is the popular toy they can make a profit on and not necessarily what the working musician needs.
Remember that this is the generation of inheritors. My dad was left with empty hands when his parents died: After the war there was nothing to inherit.
stiv
Country Gent
I don’t know if I would ever think of a guitar if I had some money to invest…
afire
Friend of Fred
Very true. There are probably a lot of 40-something people coming into some disposable income these days.
As I read elsewhere there are investment funds on vintage guitars and even derivates.
I heard that some of them turned out to be fraudulent or at least shady.
I think that there was even a thread here dealing with that topic.
I heard that some of them turned out to be fraudulent or at least shady.
I think that there was even a thread here dealing with that topic.
Wonderland Drive
Gretschie
The one you’ll never, ever sell.
DavyH
Gretschie
"Investments" made in the hopes of a windfall happen all the time in Las Vegas.
I knew a man who arrived there in a $75,000 Cadillac and went home on a $500,000 bus.....
All seriousness aside, in the '80s I myself invested about $2800 in a '71 Falcon, a '60 Tennessean, and a '59 6120. In the mid '90s I sold the three of them together and came close to doubling my money!
I knew a man who arrived there in a $75,000 Cadillac and went home on a $500,000 bus.....
All seriousness aside, in the '80s I myself invested about $2800 in a '71 Falcon, a '60 Tennessean, and a '59 6120. In the mid '90s I sold the three of them together and came close to doubling my money!
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That's a pretty big jump in logic! boomers are still around, are wealthier than any previous generation. And quite possibly richer than any generation in the near future.
Millennials have a steeper hill to climb to afford the same lifestyle their boomer parents enjoyed
The average wealth gap between millennials and boomers has nearly doubled since the 1960s and 1970s, new research finds.
"Specifically, the average wealth gap between those 60 and older (mostly boomers) and those 40 and younger (mostly millennials, plus Gen Z) has nearly doubled since the 1960s and 1970s. It makes sense that older generations, who have had more time to accumulate wealth, would have a thicker financial padding than their children. But boomers have been extraordinarily better off, while the wealth of those ages 20 to 39 has declined."
Dammit! I was going to buy one of these for my daughter way back when I’m anticipation of her being big enough to play.Not a Gibson, noooo... according to Reverb it's the Squier Hello Kitty Strat.
They're selling for over $700, and being listed for more than $1,000.
afire
Friend of Fred
I don't know. There's no doubt that they're still a big part of the vintage market, but I have a tough time believing that the continued surging of the market is on the backs of people past or nearing retirement age without a healthy dose of help from younger generations.
