Monday, December 6, 2010

At the Car Wash

We are all well aware of the impact inflation has had on our economy. From the price of gasoline for our vehicles to the cost of delivering food to our kitchen tables.

The above ad is a terrific learning tool for any students delving into sports related investments. For the price of a car wash in March of 1969, an individual not only had the opportunity to meet Bobby Orr, Phil Esposito, and Ted Green, but obtain an autographed picture.

In today's economic times, those wise enough to visit that car wash 41 years ago certainly would have no regrets. With the boom in sports memorabilia collecting, that initial investment of cash and time would have paid off nicely. In the current market, the price to obtain such items relating to the 3 players is staggering. An 8x10 action photo of Bobby Orr goes for a cool $249.; Phil Esposito $59.; Ted Green $25.

So, next spring, one can hope that this kind of event is given new life like the plants and flowers. Perhaps, members of the Tampa Bay Lightning would be willing participants. The 2011 newspaper ad would read...

HOCKEY'S GREATEST STARS
IN PERSON - THIS SATURDAY
STEVE STAMKOS - VINCENT LECAVALIER - MATTIAS OHLUND

Hey, a poor guy or gal could get their vehicle washed 20 to 30 times in hope of a similar return down the road!

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