One service allows investors to buy and sell shares of classic cars. These are the 10 best-performing car 'stocks' on Rally.
- Brokerage firm Rally is among the new crop of businesses splitting collectibles into tradable shares, and most of its top-performing car "stocks" boast greater returns than the S&P 500.
- The service began by splitting classic autos into thousands of tradable shares, and now does the same with sports memorabilia, watches, and even Japanese whisky.
- Here are the top 10 appreciating car stocks, from a 1990s Mazda Miata to a turbocharged Lamborghini Countach.
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The US stock market is surging forward in its historically long expansion, but an unconventional investment is leaving equities in its dust.
Brokerage service Rally is among the businesses offering shares of pricey collectibles. The company began by splitting classic cars into thousands of shares, and has since expanded to list sports memorabilia, classic books, watches, and alcohol.
Several of the car "stocks" listed on Rally have yielded impressive returns. The top nine performing automobiles listed on Rally have outperformed the S&P 500 in the period since their initial offerings, and the cars listed aren't all Italian status symbols. The list of top 10 performers features Mustangs alongside Porsches, and one Mazda landed better returns than a Ferrari.
Here are the top 10 appreciating car "stocks" listed on Rally, by increasing return on investment.