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Forget the credit crunch - invest in banjos

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This item on the marvellous Music Thing site caught my eye - basically a London boutique investment bank intends to buy electric and classical guitars, mandolins, banjos and amplifiers to form a wacky alternative fund.

Not as bonkers as it sounds as Vintage Guitar magazine's price index has averaged returns of 31.6 per cent for the past 17 years, which isn't bad. Read more on Music Thing and while you're there check out the miniature drumming robot that samples itself!

Personally I think they're missing a trick if they don't include ukeleles.

I might seriously look into it to bolster my extensive savings portfolio (50 quids worth of premium bonds and a lottery ticket twice a year)  - after all - looks like I won't be buying a house for a while.  

 

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