The ULtimate Investment Portfolio

Gassage

I have been wondering for some time, if it would be possible to create a vintage instrument based investment fund, crowd funded, where the instruments are hired out to generate revenue, all appreciate, the investors had a time share of the instruments each year and so on?

i believe it's a no brainier and very doable.

discuss

Steffo

A bit like s classic car club with a twist. Doable but musical instruments are delicate, if you get one loaned to a butter fingered numpty and it gets damaged it's not like with a car that can get repaired and full value is restored (see what I did there?).

Gassage

I have a mate in the city who works at UBS and he said 'this is very doable

vasselmeyer

Have you seen this? In the Tanrantion movie "The Hateful 8 ", a guitar was smashed. Unfortunately they hadn't replaced the 1870 Martin with a prop. That fund no longer lends out vintage instruments.

Gassage

vasselmeyer said:

Have you seen this? In the Tanrantion movie "The Hateful 8 ", a guitar was smashed. Unfortunately they hadn't replaced the 1870 Martin with a prop. That fund no longer lends out vintage instruments.

I had actually!!

guitarfishbay

I'm pretty sure I can dent a guitar just by looking at it.

ThePrettyDamned

guitarfishbay said:

I'm pretty sure I can dent a guitar just by looking at it.

Me too. 

It could work though - especially if "working" grade instruments were used. That way, any extra wear, within reason, merely adds to the charm of playing it. 

I like the idea. 

Panama_Jack666

Isn't there a company that already does this? I'm sure I've seen it mentioned on here before! They operate in London and are currently limited to there.

Gassage

Panama_Jack666 said:

Isn't there a company that already does this? I'm sure I've seen it mentioned on here before! They operate in London and are currently limited to there.

Harris Hire?

ToneControl

http://www.mi-pro.co.uk/news/read/guitar-club-announces-vintage-hire-scheme/020575

www.rareguitarclub.com

Panama_Jack666

Gassage said:

Panama_Jack666 said:

Isn't there a company that already does this? I'm sure I've seen it mentioned on here before! They operate in London and are currently limited to there.

Harris Hire?

Wiz for @ToneControl - Rare Guitar Club

Antique_Guitars

Well they do it with violins so why nor

Fretwired

Not sure it would be viable - most of the really collectable guitars like Peter Green's guitar are taken and the likes of Gibson and Fender make pretty good imitations of classic guitars for between £2K - £5K. I'm not sure who the target market might be for rental? I have a client who makes, repairs and rents out violins (nothing too special - £5K tops in value) and the insurance is steep.

Another friend of mine collects classic cars but he tries to sniff out what will become classic and buys them cheap. For example, he has a Ford Capri 2.8i in excellent condition that's now worth around 12K. He bought it for about £3K years ago. If you can do that with guitars .. work out what might be collectable. And FX ... some pedals go for silly money.

spark240

Nice idea, ...and guitar loan/ rental ideas have been discussed before on here, but sadly as much as I would like it to work, I think its fraught with problems, if you are an investor you wouldn't want to pay to use it?

So who here would pay to rent a classic ?

ToneControl

I suspect the running costs would kill it

mellowsun

The only investments worth having these days are gold and property, sadly.

Fretwired

mellowsun said:

The only investments worth having these days are gold and property, sadly.

I think property is due a crash. Smart money has moved into wine - serious money to be made.

spark240

Fretwired said:

mellowsun said:

The only investments worth having these days are gold and property, sadly.

I think property is due a crash. Smart money has moved into wine - serious money to be made.

What makes you think that property is due a crash?

Fretwired

spark240 said:

Fretwired said:

mellowsun said:

The only investments worth having these days are gold and property, sadly.

I think property is due a crash. Smart money has moved into wine - serious money to be made.

What makes you think that property is due a crash?

Lots of commentators are saying it and a few IFAs I know think it's on the cards.

https://www.theguardian.com/commentisfree/2016/aug/25/brexit-crash-house-prices-referendum

mudslide73

When my numbers come up tonight I'll set this up. 

Mkjackary

Fretwired said:

spark240 said:

Fretwired said:

mellowsun said:

The only investments worth having these days are gold and property, sadly.

I think property is due a crash. Smart money has moved into wine - serious money to be made.

What makes you think that property is due a crash?

Lots of commentators are saying it and a few IFAs I know think it's on the cards.

https://www.theguardian.com/commentisfree/2016/aug/25/brexit-crash-house-prices-referendum

Isn't stuff like that a bit of a self for filling prophecy? People say something isn't a wise investment, less people invest/people cash out their investments, meaning it gets less valuable, then because it gets less valuable more people take their cash out/don't invest and so on?