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Collectibles

Collectibles. Kaho Akau P7. Collectibles. Collectibles are items that are relatively rare in number. Artworks, toys, baseball cards, and antiques are all examples of collectibles. Limits. Collectors buy items they hope will increase in value over time

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Collectibles

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  1. Collectibles KahoAkau P7

  2. Collectibles • Collectibles are items that are relatively rare in number. • Artworks, toys, baseball cards, and antiques are all examples of collectibles.

  3. Limits • Collectors buy items they hope will increase in value over time • Investors in collectibles don’t make profit (or loss) until they sell their items • Depends on what people are willing to pay • Because there’s a much smaller market for collectibles, investors view them as very high in risk

  4. What type of investors? • Long term investors • High risk investors • Can afford to lose money • Investors who see value in things that they believe will increase with inflation

  5. How to make money • Find a collectible that is up in price • Know the collectible’s value • Buy collectibles at a cheaper price • Find the right buyer • Get more than what you paid • A=P(1+i)^n = 100(1+.05)^100 = $13,150

  6. Economic Climate • How rare or valuable something is • Valuable worldwide • Buyers interested in your particular collectible • Businesses in investing collectibles

  7. Companies • Mile High Comics • Topps

  8. Getting started and risks • You need as much money as whatever you want to buy costs to get started • Risks: • Value depends on whether there is a market for your collectible as well as the condition • Small market = High risk • Your collectible may not increase in value

  9. Investment Returns • After 100 years of investing in a collectible, the investment totals $160,281 when you paid $1,000 for it.

  10. URL’s • http://en.wikipedia.org/wiki/Collectable • http://www.investopedia.com/university/20_investments/4.asp • http://online.wsj.com/news/articles/SB10000872396390443684104578064800307480808

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