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Top 9 worst investments

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Comments

  • woodshed87woodshed87 Member Posts: 23,478 ✭✭✭
    edited November -1
    Fixed it For You#10quote:Originally posted by Spider7115
    According to a Wall Street report, these are the Top 9 worst investments currently on the market. The depreciation rate of these "collectibles" is 80-90% due to over-supply, over-pricing and low demand. In their words, if you are counting on these to fund your retirement, you'll still be serving lattes at Starbucks when you're 90!

    In no particular order:

    Hummel figurines
    Precious Moments figurines
    Beanie Babies
    Norman Rockwell plates
    Thomas Kinkade paintings
    Franklin Mint collectibles
    Hess toy trucks
    Lladro statues
    Cabbage Patch kids
    Glocks
  • roswellnativeroswellnative Member Posts: 10,194 ✭✭✭✭
    edited November -1
    quote:Originally posted by woodshed87
    Fixed it For You#10quote:Originally posted by Spider7115
    According to a Wall Street report, these are the Top 9 worst investments currently on the market. The depreciation rate of these "collectibles" is 80-90% due to over-supply, over-pricing and low demand. In their words, if you are counting on these to fund your retirement, you'll still be serving lattes at Starbucks when you're 90!

    In no particular order:

    Hummel figurines
    Precious Moments figurines
    Beanie Babies
    Norman Rockwell plates
    Thomas Kinkade paintings
    Franklin Mint collectibles
    Hess toy trucks
    Lladro statues
    Cabbage Patch kids
    Glocks



    Dang WS I was starting to like you
    Although always described as a cowboy, Roswellnative generally acts as a righter of wrongs or bodyguard of some sort, where he excels thanks to his resourcefulness and incredible gun prowesses.
  • woodshed87woodshed87 Member Posts: 23,478 ✭✭✭
    edited November -1
    [:D][:D][:D][^]quote:Originally posted by roswellnative
    quote:Originally posted by woodshed87
    Fixed it For You#10quote:Originally posted by Spider7115
    According to a Wall Street report, these are the Top 9 worst investments currently on the market. The depreciation rate of these "collectibles" is 80-90% due to over-supply, over-pricing and low demand. In their words, if you are counting on these to fund your retirement, you'll still be serving lattes at Starbucks when you're 90!

    In no particular order:

    Hummel figurines
    Precious Moments figurines
    Beanie Babies
    Norman Rockwell plates
    Thomas Kinkade paintings
    Franklin Mint collectibles
    Hess toy trucks
    Lladro statues
    Cabbage Patch kids
    Glocks



    Dang WS I was starting to like you

    [:D][:D][:D]
  • gruntledgruntled Member Posts: 8,218 ✭✭
    edited November -1
    Just about anything you buy retail & have to sell wholesale especially if you had to pay sales tax & or shipping. I did okay with coins & paper money BUT I had much of it for a LONG time. Probably could have done better just putting the money in the bank but I got a lot of enjoyment out of it. If you buy collectables your first concern should be that they are something you enjoy having.
  • He DogHe Dog Member Posts: 51,593 ✭✭✭✭
    edited November -1
    Beanie Babies will rise again, and they did not cost near what Colts do.[:(!]
  • NavybatNavybat Member Posts: 6,849 ✭✭✭
    edited November -1
    quote:Originally posted by woodshed87
    Fixed it For You#10quote:Originally posted by Spider7115
    According to a Wall Street report, these are the Top 9 worst investments currently on the market. The depreciation rate of these "collectibles" is 80-90% due to over-supply, over-pricing and low demand. In their words, if you are counting on these to fund your retirement, you'll still be serving lattes at Starbucks when you're 90!

    In no particular order:

    Hummel figurines
    Precious Moments figurines
    Beanie Babies
    Norman Rockwell plates
    Thomas Kinkade paintings
    Franklin Mint collectibles
    Hess toy trucks
    Lladro statues
    Cabbage Patch kids
    Glocks


    NOW you're talking! [:D]
  • Spider7115Spider7115 Member Posts: 29,704 ✭✭✭
    edited November -1
    quote:Originally posted by He Dog
    Beanie Babies will rise again, and they did not cost near what Colts do.[:(!]

    Uh-Oh! You have a ton of them, huh? Sorry about that! [;)]
  • wpagewpage Member Posts: 10,201 ✭✭✭
    edited November -1
    Glocks are prized for their recycle value in plastics...

    Go green with Glock!
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