Thread: Dumb Question
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Old 05-22-2004, 06:12 PM
GeorgeF GeorgeF is offline
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Join Date: Sep 2002
Posts: 110
Default Re: Dumb Question

It is unlikely that you could lease your beanie babies or antiques so there is no income stream from them as their is with stock dividends.

While you own them you can use them and enjoy them. Note that all these things depreciate in value and can be lost stolen or damaged. You have to pay storage costs, maintenance and insurance.

The assumption is that you will be able to sell them in the future for a profit. I personally doubt it. Antiques that fetch high prices are in top notch condition, most people cannot maintain their antiques that way.

Their is a poker analogy here. There are 10 people with identical antique chairs. Over time 9 of them damage destroy or loose their chair. The tenth person ends up with a very rare antique. Antiques, like poker, have few winners. The winners in antiques win in part because of the losses of the loosers. In theory stocks can grow in value without other people loosing their wealth.
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