High-End Classic Cars Outperformed the Stock Market Until 2024, According to Hagerty
High-end classic cars historically outperformed the stock market, but in 2024, the trend reversed as the S&P 500 surged ahead. For years, high-end classic cars have been seen as not just a passion project but also a surprisingly lucrative investment. According to Hagerty’s Blue Chip index, which tracks 25 of the most sought-after postwar collectible cars, these vehicles have historically delivered better returns than the S&P 500 stock index. However, in 2024, this trend has reversed for the first time in nearly two decades, as the stock market surged ahead while the top-tier collector car market saw a dip.
Want To Retire With $2 Million In 20 Years? Here's The Exact Salary You Need If You're Investing Just 15%
When planning for retirement, many Americans dream of accumulating a substantial nest egg — like $2 million. Achieving this financial milestone requires strategic planning, realistic goal setting, and a clear understanding of investment returns. So, how much do you need to earn to comfortably reach this milestone? Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Can you guess how many Americans successfully retire with $1,000,000 saved? The percentage may shock you. The Ideal Salary for a $2 Million Retirement To retire with $2 million in 20 years, one of the more realistic approaches involves earning...