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It is all in the age

March 27 2015 at 6:43 PM
Jay  (Login Yankee85)


Response to Economics are a small part

My father (77 Yr old) has a Ford Model A, his pride and joy. His Uncle had one and as a kid he thought that was a cool car. I look at this museum quality car and think it needs to be chopped, dropped and a small block Chevy dropped in. The car is worth about 1/2 of what it was worth 25 years ago since 1/2 of the people who remember that car as cool are no longer driving.

Give me a 65 Mustang, 67 Camero, 70 442 or 1969 Commander 19. That is what was cool when I was a kid and I (and 76 million other boomers) have a little more coin than we did 40 years ago and are buying these at outrageous prices that will fall as we become too old to drive them. None of that matters because we just enjoy these boats and our time working on them and enjoying them while reliving our youthful dreams.

As an investment my question is what will my son and others the same age want in 25 years when he is 45 has a little coin to spend and wants to relive his youth. I don't see him wanting a mint Xbox 360 or classic iphone 6 but If I could figure that out and purchase a few of what these kids will want (remember when a 68 convertible firebird could be had for <$1000 in 1979) My retirement could go very well.

What is it that todays kids will want to spend their money on in 2040?


 
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