elharo comments on Post ridiculous munchkin ideas! - Less Wrong

55 Post author: D_Malik 15 May 2013 10:27PM

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Comment author: elharo 22 May 2013 10:47:59PM *  6 points [-]

I strongly advise against following this plan. Collectibles are not a good longterm investment, stamps included. That is, they tend to underperform stocks, real estate, and other investments, substantially so once transaction and carrying costs are factored in. The Wall Street Journal recently polled a number of experts about this. Their opinions were essentially unanimous, differing primarily in how bluntly each was willing to say, "Don't do this."