Could stamps collecting be a good investment ?

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Could stamps collecting be a good investment ?

2007-06-16 23:44:18 · 3 answers · asked by Anonymous in Business & Finance ➔ Investing

3 answers

the advent of ebay has improved the investment opportunities of stamp collecting, but still it falls more into the relm of a hobby than a good investment. Stick with stocks and index funds and mutual funds.

2007-06-17 02:27:40 · answer #1 · answered by Anonymous · 1⤊ 0⤋

These little pieces of paper could be very difficult to sell. Don't collect stamps unless you really like them.

2007-06-16 23:51:25 · answer #2 · answered by jsardi56 7 · 1⤊ 0⤋

Yes, but most people just collect them for a hobby. To be a serious collector, you will need to acquire the rare ones, which could cost in the thousands to tens of thousands of dollars.

2007-06-16 23:47:15 · answer #3 · answered by WC 7 · 0⤊ 0⤋