Monday, June 09, 2008

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

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