Whole Network Credit Greatest Hits Housing Investing Kids Money & Politics Retirement

 

Careful With Collectibles

Filed in archive Investing by andy on June 23, 2005

Honus Wager.jpg


Here's a cautionary piece about the trend towards collectibles as investments.

Are collectibles a sound financial investment? If the past is any guide, the answer is no. Historically, collectibles have yielded a much lower return than stocks and carried more risk.,

Mr. Gunn added that he advises customers, "Buy stocks and bonds to make money; buy memorabilia for the pride and pleasure of ownership." That sounds like sound advice to me, despite the hype given to a few recent record-breaking sales.



Don't kid yourself that you've got the next Honus Wagner card. The deck (of baseballlinks cards) is stacked against you.






Permalink: Careful With Collectibles
Tags: investing  collectibles 

Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/7265



Advertisement


Advertisement


RSSrss   | See all blog subscribe options
Googlegoogle   |   What is RSS?
Yahoo!yahoo
AddthisAddThis Feed Button
BloglinesBloglines
Newsletter

Use the search to look for other interesting posts



 
  • Advertise with us

  • Learn more about our advertising options or email advertising - at - creative-weblogging.com or give Luis a call at +1 (650) 331 8047.


  • Other blogs in the same channel in the Creative Weblogging Network







 
Tagcloud: About This Site Banking Blogging Issues Book Reviews Buying Stuff Careers and Money Charity Credit Economy Education Finance Financial Advisors Funny General Greatest Hits Happiness Health Housing Identity Theft Inspiration Investing Kids Marriage and Finance Money & Politics Other Voices Real Estate Retirement Saving Sponsored Post Taxes The Joneses Tools Travel Warren Buffett Zen