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Significance of Wealth Podcast | Episode 3

Unveiling the heart of passion, prestige, and philanthropy that drives the exotic car collecting community

Buckle up for an exhilarating ride through the world of exotic car collecting with host Tom Ruggie, Founder & CEO of Destiny Family Office, as he sits down with Joe Sabatini, the President of Festivals of Speed. Discover the captivating origin story of Festivals of Speed and how it evolved from a small gathering to the ultimate luxury showcase for exotic and classic cars, motorcycles, boats, and more.

Tom and Joe explore the diverse landscape of car collectors, from enthusiasts with a single cherished vehicle to apex collectors with impressive hundred-car collections. They uncover the powerful role of nostalgia in driving collectors’ passions, as they seek to fulfill childhood dreams and relive cherished memories through their automotive treasures.

Gain insights into the investment aspect of exotic car collecting and the delicate balance between passion and profit. Learn about the importance of succession planning and charitable contributions in preserving and leveraging the legacy of exotic car collections for future generations.

Join Tom and Joe as they rev up the engines and take you on a thrilling journey through the fascinating world of exotic car collecting. Whether you’re a seasoned collector or an aspiring enthusiast, this episode promises to ignite your passion and inspire you to explore the significance of wealth beyond mere monetary value.

The expressed views, thoughts, and opinions in this episode of The Significance of Wealth belong solely to the host and/or guests and are not investment recommendations or offers to buy or sell securities or private investments by Destiny Wealth Partners or its affiliates. This podcast is for informational and educational purposes only. For more information on our disclosures, we invite you to visit www.DestinyFamilyOffice.com/disclosures.

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Our Collectibles Scorecard examines your current position and your desired goals in crucial areas of collecting: acquiring, preserving, cataloging, insuring, valuing, and ultimately passing on your cherished items. By completing this scorecard, you’ll gain invaluable insights to safeguard yourself, your collection, and your loved ones. It will highlight areas needing attention, empowering you to take actionable steps alongside your trusted advisors, enhancing your peace of mind.