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Source: USA Today
According Knight Frank’s Wealth Report, an index of the nine main collectibles markets grew 175% over the 10 years ended in the third quarter 2012 – a far better record than U.S. stocks, whose Standard & Poor’s 500 index is up only about 40% for that period:
• Classic cars were the top-performing collectible; Car prices surged 23% the 12 months ended in the third quarter of 2012, the report said; they racked up gains of 11% over five years and 395% over 10 years.
• The number two collectible: coins with 25% — and 248% gains over 10 year.
• Stamps came in a close third, with nine 9% gains last year and 216% over 10 years.
Understand that most of these investments are non liquid, have costs that are associated with ownership, require an expertise to make investments.
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.