Stocks outpace gains by collectibles over long run
Financial quiz: What investment, on average, has the best long-term track record?
A. Stocks
B. Artwork
C. Fine violins
D. Collectors' stamps
E. Bordeaux wines
F. First-edition books
If you answered "A," for stocks, you're correct.
Based on a recent Barron's article by Thomas Healey, a retired Goldman Sachs partner, stocks have grown at an 11 percent annual rate from 1900 to 2005.
Be advised that it's tough to track long-term performance of antiques and collectibles. Nevertheless, here, Barron's recently reported, are the annual returns of collectibles, on average, based on readily available statistical information. . . .
Full story at: Link
A. Stocks
B. Artwork
C. Fine violins
D. Collectors' stamps
E. Bordeaux wines
F. First-edition books
If you answered "A," for stocks, you're correct.
Based on a recent Barron's article by Thomas Healey, a retired Goldman Sachs partner, stocks have grown at an 11 percent annual rate from 1900 to 2005.
Be advised that it's tough to track long-term performance of antiques and collectibles. Nevertheless, here, Barron's recently reported, are the annual returns of collectibles, on average, based on readily available statistical information. . . .
Full story at: Link
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