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Posted on 7/9/14 at 1:54 pm to TigerstuckinMS
quote:
In seriousness, I don't view most collectibles as investments. They're cool to have and if they make you happy, go for it. I'd never buy something like that as a stockpile of wealth or an investment, though. That's just me.
This. I view collectibles as a hobby, not an investment. It is very doubtful that you'll ever get as much money out of them as you put in.
Posted on 7/10/14 at 11:41 am to kingbob
Gold and silver are the only ones I count as investments. I've recently started buying high quality knives, not expecting to make money on them but could be liquidated if need be.
Posted on 7/10/14 at 4:11 pm to tigerpawl
quote:
I you have the wherewithal, I'd seek out an up-and-coming artist and start collecting his stuff while he's still starving. The art market has gone crazy - or so it seems
Or while they are still alive...
I bought couple pieces from ex-Weezer bassist Mikey Welsh and still have them, can't find where to get a vaulue on them though since he died of overdose.
I've got the skatedeck in the middle (the one with the cross), and one other painting just as weird...they look great in my man cave/media room with my concert posters I collect.
This post was edited on 7/10/14 at 4:16 pm
Posted on 7/10/14 at 5:16 pm to barry
quote:
it but if you are buying these things over new electronics and other things that instantly depreciate then it's much bettyer
I look at it as a way to enjoy my money but maintain value and possible increase it. Definitely not my primary retirement or even secondary. I figure if I'm gonna get a play car/truck, get an old one and fix it up. I prefer them anyway over these newer pieces of plastic shite. And frick a car computer
Anybody got tips on how best to learn about art, coins etc. before jumping in? Plus with art, I can write it off as a decoration for my office to some extent. Mainly looking for tips, ideas from experienced collectors. Like antiques too, but don't know shite about valuing them(no I'm not gay)
Posted on 7/10/14 at 5:31 pm to SmackoverHawg
Wines and Spirits come to mind, but I dont have the money to get into that haha
ETA: Obviously you cant consume them so they dont do much good.
ETA: Obviously you cant consume them so they dont do much good.
This post was edited on 7/10/14 at 5:32 pm
Posted on 7/10/14 at 7:34 pm to mkibod1
quote:
Wines and Spirits come to mind, but I dont have the money to get into that haha ETA: Obviously you cant consume them so they dont do much good.
Yeah...I like to drink. A lot! I would lose my arse.
Posted on 7/11/14 at 2:33 am to SmackoverHawg
Really depends on what your investing in. I have a decent sized collection of Hall of Famer autographs from various sports that have all maintained value and some have increased a respectable amount. I'll never sell them unless I really need the money so they aren't investments as much as just collectables that happen to be very liquid.
Posted on 7/11/14 at 2:45 pm to Mountaineer Maniac
If I were going to invest in something like that it would be vintage guitars, 1960's les pauls
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