Sometimes you may see it claimed that autographed memorabilia is one of the biggest wastes of money out there, but is this true? A man named Chris Pummer once equated autographed memorabilia to premium coffee as well as cigarettes as the biggest possible wastes of money, but is this true about autographed memorabilia, especially when it comes to autographed sports memorabilia?
The truth is, the only time autographed memorabilia is NOT worth the investment is when you buy the wrong thing, or buy something that is fake. Investing in fake autographed memorabilia is obviously a waste of money. If you are investing in real autographed memorabilia, however, then there is no reason why you wouldn’t be making a sound investment, especially if you are investing in something that is going to go up in value over time. For example, some players have such a great demand for their signed sports memorabilia, that no matter how often they autograph things, the value of these items is going to go up. Take Pete Rose for example, who visits Las Vegas and autographs sports memorabilia on a consistent basis. When he finally becomes unable to sign, or if he should happen to pass away, then any authentic autographed memorabilia of his is going to double or triple in its value nearly instantly.
Shopping for sports autographed memorabilia is really about choosing the right player. Barry Bonds is not the right player. Willie Mays may be the right player. Doing your research is absolutely vitally important. Willie Mays is the greatest baseball player on the planet, and no one is more collectible than he is. If you are serious about collectible autographed memorabilia, then you absolutely need to be willing to shop around and get a feel for what types of autographed memorabilia are out there, what they’re worth, and perhaps most importantly, how they are going to change in value with time.
You need to be willing to educate yourself on all aspects of authentic autographed memorabilia. You need to find players that are good enough for you to invest in soundly. You also need to study the values of items that are based on not only what they are currently going for but also what they could go for in the future. If you do these three things then you will have a much better chance of seeing excellent returns in your future, perhaps even bigger returns than what a stock market portfolio could potentially afford you. Why should you waste your time investing in stocks, where the risk is high and the returns are incapable of being calculated, when you can spend your time collecting valuable sports player autographed memorabilia, something that you enjoy doing that could potentially earn you some serious money?
Photo Credits: Hayley_Bouchard
Originally posted 2009-06-21 05:20:45. Republished by Blog Post Promoter
Related Posts -
Rock and Roll Concert Memorabilia Collecting One of the types of collections that is gaining in popularity right now is collecting concert memorabilia. This is because every band seems to be going on tour these days, and in their wake they are all leaving plenty of autographed concert memorabilia for collectors to snap up, stuff into...... -
Guitar Picks Memorabilia -> Rock, Pop -> Guitar and Guitar Picks When you think of guitar picks, do you think of those tiny rounded triangles of plastic that probably cost about a penny to manufacture? Guitarists used to file down materials like wood, bone, stone, amber, ivory and even metal or shell...... -
Signed Sports Memorabilia People who collect signed sports memorabilia are constantly working to come up with more creative and innovative ways that will allow them to showcase their sports memorabilia collections. The fame associated with collecting sports memorabilia is growing at a high speed on a continuous basis. For example, some collectors prefer...... -
Benefits of Collecting Autographed Memorabilia Collecting autographed memorabilia is a hobby that can be enjoyable whether or not you are actually into sports collectibles or collecting other types of memorabilia for that mater. Collecting autographed memorabilia, in fact, has become a fad among pretty much everyone because collecting autographed memorabilia is a great way to...... -
Collecting Rare Memorabilia Right now, collecting rare memorabilia is on the rise, and this particular practice gains even more attention when it comes to collecting rare memorabilia that once belonged to a great singer, actor or actress or some other famous individual that has recently or even not so recently passed away. Why......
Related Websites -
More Money: 18 1/2 Tips on How to Save Money and Change Your Life 1.Decide what you really, really want out of life. Your dreams may look something like this: --Good health. --No more credit card debt. --A bigger/beautiful house. --Travel. --College fund. --Retire in five years. --Start a business. --Buy a home in the mountains. --Quit my J.O.B. and work from home. What...... -
The Number One Mistake that Would-be Real Estate Investors Make I met with my friend's wife this weekend to learn more about her thriving real estate business. She helped to confirm what I suspected to be the number one mistake that new investors make: they expect to make good returns by paying "retail" prices for real estate. By "retail" prices,...... -
Spotting Real Autographed Sports Memorabilia Many people get excited about autographed sports memorabilia when they find it for a good price, and as a result, many people purchase so called authentic autographed sports memorabilia without investigating the authenticity of said memorabilia. The question that all buyers should be asking when shopping for autographed sports memorabilia...... -
What I believe Everyone has their own favorite personal strategy for wealth building. Some people believe that you should leverage your assets as much as possible in hopes of returning great returns. Others are more risk adverse. Some love credit cards, some hate them. Through the course of this blog, I plan on...... -
What To Do With $75,000? Ask the M-Network Earlier this month, I announced the M-Network's new Ask the M-Network feature. In brief, we'll do our best to provide feedback on personal finance questions (several members of the network answer each one). We are not financial professionals, so this is not professional advice. It's our opinions as people who......
Categories:
Memorabilia, autographs
Tags:
0 comments ↓
There are no comments yet...Kick things off by filling out the form below.
Leave a Comment