{"id":19442,"date":"2020-11-03T12:32:31","date_gmt":"2020-11-02T23:32:31","guid":{"rendered":"http:\/\/www.frot.co.nz\/design\/?p=19442"},"modified":"2021-09-15T15:16:57","modified_gmt":"2021-09-15T03:16:57","slug":"extending-the-boundaries-of-finance","status":"publish","type":"post","link":"https:\/\/www.frot.co.nz\/design\/observations\/extending-the-boundaries-of-finance\/","title":{"rendered":"EXTENDING THE BOUNDARIES OF FINANCE"},"content":{"rendered":"

MOTORBIKES ARE A GREAT EXAMPLE OF AN OFTEN IGNORED FINANCIAL TOPIC<\/strong><\/p>\n

By loosening up our rigid concepts of what is “financial” (only stuff like banks, cash, cryptocurrencies, and economies), a whole wider range of subjects can open up. Almost everything has a huge financial aspect. To get the ball rolling, here is an interesting subject that is not commonly thought of as “financial”<\/p>\n

Motorbikes are seen as the antithesis of sound money management, and generally they are.<\/p>\n

As with the buyer of the latest cell phone or a new car, any midlife crisis new motorbike buyer is going to get stiffed – as soon as they ride that gleaming new superbike out of the showroom, money will start evaporating like steam. So even a bike like an awesome looking Ducati 2020 SuperSport S, is a financial disaster area, even though it sells new for just US$16k.<\/p>\n

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But there is another financial angle to motorbikes – investors put large amounts of money into collectables. On the downside they require storage and insurance, but on the upside they are seen as appreciating assets. A Vincent Black Shadow (circa 1950) for example is one of the most desirable collectables, and US$100k would be considered a steal.<\/p>\n

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A $100,000 Vincent Motorcycle is a bargain (seriously)<\/a><\/p><\/blockquote>\n