re: Tangible Investing!

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I downloaded an app called Rally Road that let’s you invest fractionally in tangible collectibles. I haven’t invested anything yet, but they’ve got everything from some older cars to Honus Wagner card to Hermès bags.

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I'm not saying this specifically is bad, but this entire idea of fractional ownership of an "investment" in large scale is absolutely full of thieves. This is straight from White Collar Crime 101.

If you want to invest in something tangible, it HAS to be something you enjoy and make as a hobby. Going out and buying a couple of gold coins because a "friend or family member" told you they were a good investment is a horrible idea.

Part of the enjoyment of tangible investing is getting the joy of owning the investment. That way if it doesn't appreciate you still enjoyed it.

I would absolutely never tell someone to invest in something they didn't know a lot about. SOOOO many ways to scam people with "tangible" assets.