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Classic Cars: The best 'alternative investment' of all

Source: Yahoo News

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This week hundreds of thousands of car enthusiasts will descend on Hershey Park in Pennsylvania for the annual classic car show and auction. The value of classic cars has jumped 39 percent this year, according to the Historic Automobile Group Index, which tracks the financial performance of 50 rare and exotic classic cars. These cars have outperformed collectibles such as gold, wine, art, stamps and coins over the last 10 years. And more investors turned to cars after the global stock selloff in 2008.

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