Careful With Collectibles
Filed in archive Investing by andy on June 23, 2005

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 baseball
cards) is stacked against you.Permalink: Careful With Collectibles
Tags:
investing collectibles
Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/7265














