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Are you buying stamps instead of stocks, or art instead of bonds?

  • Posted by Alison Brody
  • on October 19, 2010 11:21 AM

Marketplace Money hears daily from people who feel turned off by the stock market and unnerved by real estate. They say that they’re looking for alternative investments that will make them feel good about where their money is going and secure that it will be there tomorrow.

Have you invested your money in a non-traditional way? Tell us here.

We’re particularly interested to hear from people who’ve taken what investment dollars they have and traded them for objects of value. Maybe you’ve put your hard earned dollars toward art, antiques or coins. Or perhaps classic cars are more your thing (or American Girl Dolls, or musical instruments, or heirloom vegetable seeds).

Whether your non-traditional investing story is one of success or utter failure, we want to hear about it. Click here to share your experience.

Discussion: 1 Comment

  • Posted by Elaine Frankowski on June 7, 2011 1:12 PM

    Buying stamps for investment purposes is the stupidest thing a person can do unless he/she is an expert collector, is buying only premium stamps that will appreciate in value, understands the ins and out of counterfiting and expertising, belongs to at least one stamp organization such as the American Philatelic Society, buys only through reputable auctions or dealers who guarantee their stock, NEVER NEVER NEVER buys from eBay or other general on-line auctions. A good investment starts out in the thousand for a single stamp or set; buying and holding new issues of any country is idiotic as an investment.

    I am a member of two international philatelic organizations, read stamp publications such as Linn’s and attend stamp shows to learn more about stamps. I have collected stamps since 1952 and have never bought a stamp for investment purposes, only as a part of a very enjoyable hobby. Although some of my collection is worth a bit, most of it is worth only the pleasure i get out of it.

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