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Antiques, collectibles, and other unconventional investments have done well the last few years. That attracts more people to them. Unfortunately, it takes a lot of knowledge or the help of a very good, honest consultant to do well. The big problem is paying too much because an item is either a fake, inferior quality, or […]
On a regular basis, there are reports of sharp price increases in nonconventional assets, such as art and collectibles. Unfortunately, those reports often mislead people into thinking the prices will only rise. The fact is, markets for these assets are very thin and subject to change on a whim. Consider this update on classic American […]
When the economy isn’t doing well and people are worried about inflation, collectibles get a lot more attention. People are told that the collectibles are great investments, holding their value against inflation and conventional financial markets. But you need to be very careful before venturing into collectibles. My first rule is that a collectible shouldn’t […]
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