Collectables in the frame

There are as many different types of collectables as there are collectors - but from an investment point of view, while all things may be collectable, not all are profitable. But before embarking on collectables as investments, consider the following advice

Occasionally, a client may ask for advice about investing in collectables such as fine art, watches, jewellery and so on. Have people made money? Yes. Is it as straightforward as buy a stock, hold the stock, sell the stock, pay a small commission, then cash the check? Not necessarily. Collectables are an attractive-sounding alternative. An active auction market, Antiques Roadshow and eBay have contributed to heightening public awareness of the value of collectables. Plus, they are fun and interesting to look at and own. Start with a basic assumption: everything that is bought today has ...