Investing During a Recession: The Antiques and Collectibles Market
As we move into the first half of 2009, I have never seen anything like this. I have never witnessed fear and panic in the eyes of investors like in recent months. He was thinking of heading up a new organization, perhaps calling it something like Battered Investors Club or BIA, an acronym for Broke Investors Of America. The stock market has become nothing more than a roulette table, and retirement accounts, like 401K plans, have cut the worker in half to almost all of the savings they have responsibly set aside for retirement.
Do you believe in the politicians and financial “gurus” who assure us that the hundreds of billions of dollars of “stimulus” that are printed 24 hours a day, 7 days a week and thrown like confetti are going to fix this? financial disaster in which we find ourselves? I don’t think so, I think it’s going to get worse. Sure, you will see the stock market, the real estate market, etc., pick up a bit. The amount of money (read: our taxes, children, great-grandchildren) that the government is handing out is sure to cause a flicker on the screen for a short time, but then beware! The long-term outcome of all this may remind you of something that happened in the history of Rome.
In the meantime, I made the decision that I wanted to get my money back (what was left after they broke up with me) and control when and how it was invested. I took my money out of my 401K and bought collectibles. Now I have something tangible that I can hold in my hand and admire, it does not have the potential to go down to zero value, I can enjoy looking at it or in many cases using it, and then selling it at some point in the future. future for a good profit.
You can start investing in collectibles right away and at any dollar level, whether you have $ 100.00 or $ 1,000,000 to invest, there are collectibles for any interest you can think of. Some of the most popular areas of investing in collectibles are coins, stamps, antique furniture, art, rare books, autographs, and even classic cars are good investments now.
There are dealers, appraisers, and experts in every field that can help you get started. Attending auctions, antiques and collectibles shows, and online places like eBay are great places to do a little research and see what might interest you.
Many investors start out by buying some collectibles only with the intention of selling them at a profit, without planning to develop an interest in the collectibles markets. With many, this soon changes as they develop a love for buying and selling collectibles and end up making a business and career with collectibles.
I have been involved in the collectibles business for 25 years and I believe your investment could not be more secure at this time. There are no guarantees in life, but I know: I will take a document signed by George Washington or Abraham Lincoln for an equal dollar amount of first class shares each time!
As investors, we have all taken some very hard blows over the past year. But it doesn’t have to continue. You can stop the bleeding today in your investment situation. Put your money in tangible collectible investments and go back to sleep at night!