At the risk of repeating myself and becoming founder member of the Peter fan club, once again you are absolutely right.....😆😆
There are so many factors at play which might be influencing the current Morgan market. Ageing owners, interest rates, financial nervousness, financial insecurity, plummeting CX values, a lack of 'new' owners............ I'm sure everyone can add a few more reasons.....🤷🏻♂️...or say I'm totally wrong...!
I will say that I have made money on Morgans in the past when I've sold them, but, I've lost on the last couple......BUT.... it doesn't matter, I'm content that there is cost of ownership, a price for pleasure.
If someone has pulled money from a pension or other investment and needs it to go back to fund later life then perhaps that's a bit unrealistic..........
Be prepared to lose 10 or 20% or more if you've got a CX, suck it up and think of all the fun you've had.
If you happen to be in the world of classic Ferraris or Van Gogh's you've probably made some big money, but then again when the market falls, and it will, the losses will be just a big...!
Death and taxes are the only certainties..............as they always say, the value of your investments and the income from them can go down as well as up and you may get as much back as you put in.....😆🙃
