The sad fact is that beyond huge risks in stock markets and miserable (or no) returns in cash and bonds the purchasing power of all currencies is also at risk.
I bet off and on against the US dollar myself. For example in December 2012, this site showed how to bet against the yen when the rate was 82 yen per dollar and invest into the Euro and dollar.
That was a good bet as the dollar has risen from 82 yen to 96 yen (25%) in about four months.
www.finance.yahoo.com dollar yen chart.
Such speculations however are about betting again the worst of the bad… not investing in a good currency.
In the long run, due to the global economic circumstances, we can expect that the purchasing power of almost all currencies will drop.
One way to overcome this problem is to have a passion and investment in collectibles. Collectibles are like gold with fun attached… if you have this interest.
Failing global currencies will enhance the demand for collectibles.
Antiques, art, old cars, stamps, coins, wines, autographs and other unique memorabilia have been among the best long term investments for those who know what they are doing.
Collectibles especially make sense if you have expertise and/or a passion… ideally both.
Investor-collectors, seeking out items they love can expect to see tangible long term increases in value.
There is especially room for growth in Asia and China as China has now become the second largest economy in the world (China’s economy recently passed Japan’s in size).
Asia has witnessed a 10% growth in the collectibles market, while China has seen growth of 15% and some world record prices have been seen within the Chinese market in the last twelve months.
In December 2009, a Hong Kong auction witnessed a world record price for a single bottle of Château Pétrus 1982 vintage wine, which was auctioned for an impressive £62,000 ($94,000).
In January 2010, another Chinese record was smashed with the sale of one of the rare 1897 Red Revenue Stamps which sold for £470,000 ($710,600).
In April this 2012 a piece of Imperial Jade relating to Qianlong of the Qing dynasty sold for a world record price of £8,005,000 ($12,200,000) , at Sotheby’s, Hong Kong.
Then a month later, more world records were set as a rare Chinese snuff bottle was auctioned off for £5,800,000 ($8,750,000), to cap off a truly remarkable year in the Chinese collectibles market.
In the Chinese market alone, world records continue to be set for rare collectibles like stamps and wine. Hong Kong hosted its annual Winexpo event in May, with 880 exhibitors from thirty two countries on show. The three day event saw 12,000 Asian visitors, with a 40% attendance increase from the previous year demonstrating the growing market in the Far East.
However, the collectible market can be splotchy.
In June 2010 Europe’s most valuable ever art auction was slow.
Christie’s in London hosted one of the most anticipated sales for years, selling art with a total presale estimate of £163m-231m.
The two stand-out jewels among the 63 lots were a blue period Picasso and a Monet waterlily painting, both with estimates of between £30m-40m and even higher expectations. But the Picasso sold at its low-end estimate – for £31m – and a final bid of £29m for the Monet meant it went unsold. In total, 16 lots were unsold.
There were disappointing lots but sales did reach £152.5m a UK art auction record.
The risks in investing in collectibles include mark-ups, maintenance, forgery and delay.
Collectible dealers usually mark up the price to make a quick turn profit. Collectors may have to hold an item for years and the value may or may not increase.
Many collectibles require special care to keep them in good condition. Be sure you can provide this care.
Counterfeiting and puffery are great risks. Your collectible may be a fake or offered as a higher grade. Be sure you know a lot about what you buy.
Collectibles can include art, antiques, old coins, vintage cars, stamps, rare books, Persian rugs, baseball cards, bottles of fine wine and other items that offer the potential for appreciation in value.
There is such a diverse market for collectibles that almost everyone can find something of interest to specialize in. Look at just a few headlines about collectibles…
from a search on…
There are some downsides about collectibles to be sure. Of course, collectibles do not generate any type of cash flow during the time that they’re owned (unless they can be used in some way… in a show or a museum perhaps).
The markets for collectibles are informal as well as unregulated. This can be good news if you know what you are doing and understand your market. This is bad news if the seller knows more than you do! The IRS also does not treat collectibles well. Unlike capital gains, which can be as low as 15%, collectible taxes are 28% of the profits, 35% if sold in less than a year.
One may consider a collection as an investment… but collectibles are even better as a lifestyle oriented business. Since the IRS treats collectible income like business income… perhaps we should as well. If you do collect, do so because you love the stuff you are collecting, not because you hope it will make you rich. Collectibles as an investment are very risky. Collectibles as enjoyment are fun and from this joy you can create business opportunities.
If you like the thought of collectibles I recommend the book “Collectible Investments for the High Net Worth Investor”. One problem about collectibles has been finding a place where an investor, financial adviser or investment manager can go to learn about these investments.
There has been no comprehensive resource from the financial standpoint that suited me–until now. Dr. Stephen Satchell of Trinity College, Cambridge, has developed a book in which experts in various types of collectibles analyze the financial aspects of investing in these. Chapters address issues such as: liquidity challenges, tax ramifications, appreciation timelines, the challenge of forecasting and measuring appreciation, and the psychological component of collecting and the role of emotion in collectible investing.
So we’ll see in 2013 if collectibles really do make sense as investments and for business.
I doubt that my Gotham baseball games will make much profit but what joy and… joy and interest are important and what a business and or investments in collectibles should be about.
IF YOU HAVE NO INTEREST IN ANYTHING YOU WOULD LIKE TO COLLECT BUT WANT TO INVEST IN COLLECTIBLES THERE ARE A COUPLE OF OPTIONS.
One way to invest in collectibles is through Stanley Gibbons. This 150+ year old firm expanded into Asia in 2011 and the USA in 2012.
They have several investing programs.
Here are excerpts from their investing brochure:
We are living in a world where you could genuinely lose almost everything you have worked for; many people have. Diversifying into rare stamps, rare coins and other prestige collectibles could help you anchor part of your portfolio through the storms in other markets.
The world is uncertain; rare stamps have proved themselves not to be. So, if you’re looking for potentially the best place to put your money over the next 5-10 years, the stability offered by a historical, alternative asset like rare stamps could be your answer.
To illustrate the potential of rare stamps as an investment vehicle, we have made a comparison with what are considered to be two of the UK’s safest assets, property and gold. Look at the graph below, which clearly emphasises the volatility of gold and property (as well as other conventional investment vehicles) and the strength of the premium stamp market. It demonstrates the rise of the GB 30 Rarities Index on Bloomberg, the index of the top GB rare stamps:
As you can see, increases in the GB 30 stamps have been consistent and, in some cases, dramatic.
Just as a snapshot of the strength of the market, in the recent crash of 2008, when the value of traditional asset classes plummeted, the GB30 Rarities Index increased.
Located in the heart of London at 399 Strand, Stanley Gibbons has been the home of rare stamp collecting since 1856. Stanley Gibbons is a globally recognised name and a brand synonymous with quality and expertise.
We were awarded the Royal Warrant by King George V in 1914 –an honour that we still hold proudly today and we maintain by trading with the Royal household.
Stanley Gibbons – quality, expertise & reassurance for you
What that means for you is that you can rely on over 150 years’ experience and skill in appraising, buying, describing and selling stamps; in today’s uncertain times, trust and security may not be flashy, but they are fundamentally important to preserve your wealth. When it comes to investing, it is vital to go with a name you can trust.
Look at the examples below; our experts know the difference between an investment grade stamp and ‘just another stamp’ or a worthless forgery.
One of these stamps is worth £240.The other is one of Britain’s most expensive stamps worth £375,000.
Can you tell which is which?
Look at how their prices (taken from Stanley Gibbons published catalogues) have risen in the last 10 years.
Here is a selection of the type of rare stamps that Stanley Gibbons offers for investment purposes.
Look at how the prices (taken from Stanley Gibbons published catalogues) have risen in the last 10 years.
The prices of rare stamps is fully trackable with the prices recorded in Stanley Gibbons official, annually-published catalogues, the first of which was published in 1865.
They represent the selling price of Stanley Gibbons Limited at the time of publication and are an expert estimate of market value, taking into account prices realised at worldwide auctions and reported private sales.
As well as rare stamps, Stanley Gibbons also offers you investment opportunities in rare coins, wartime medals and historical manuscripts as further options for diversification and portfolio growth.
There are two ways to invest in Collectibles through Stanley Gibbons.
Capital Growth Plan (CGP)
This investment is ideal if you are looking for healthy, uncapped returns over the medium to long term.
The CGP also provides you with peace of mind from knowing that you have invested in a tangible heritage asset with a long track record of performance and one that has no correlation to mainstream assets.
This means your investment is unaffected by volatility and economic swings in other markets.
New Flexible Trading Portfolio (FTP)
Invest with absolute flexibility and no minimum holding period.
If you don’t want to be tied in to a long term contract and want to enjoy the opportunity to trade your stamps or top up at any time then the New Flexible Trading Portfolio is for you.
No previous stamp knowledge is required, and your only decision is when to sell and whether to re-invest your investment returns with us.
We offer you three primary investment products, each designed to suit the way you wish to invest.
For more on details on investing in collectibles with Stanley Gibbons call 877-340-2247
Or click here to a website for more Stanley Gibbons information.
This is the hardest time to protect purchasing power that I have seen in over 40 years of following multi currency investments. We need every tool at our disposal and I am very happy that Stanley Gibbons Company which I have been familiar with for decades has created these programs so investors can tap into the purchasing power of collectibles.
Learn how to protect purchasing power with income from writing to sell.
Seven P Secrets of Self PublishingWhen you write, you can work anywhere.
Here I am working poolside in the winter, at our Florida farm.
Here I am with our hound Ma, working during the summer at our North Carolina farm.
Learn how to earn everywhere, while living anywhere you choose. I have been able to earn by writing in Hong Kong, England, the Isle of Man, Dominican Republic and Ecuador to name a few of the places I have lived. Anywhere I am, I am able to work.
All I need is my laptop.
That’s all you need too… a laptop to be free!
Before computers, a pencil and pad did the job.
Freedom is just one benefit you can gain from a laptop business.
Another benefit is income. Writing has brought me both our farms in Florida and North carolina, free and clear… plus a lot more.
Another good example of earning potential is my friend Hugh Howey. He was working for $10 an hour in a book store when he self published his novel Wool, typing in a storage room during his lunch breaks.
Soon he was earning over $100,000 a month on Amazon.com. This helped secure a six-figure book deal from Simon & Schuster, and an option for film by Ridley Scott, director of Blade Runner and Alien.
That’s what he’s doing now.
Hugh and I playing chess (he beats me badly).
Writers like Hugh are great inspirations.
A couple of years ago Hugh left Florida, and moved to South Africa. He had a sailing catamaran built for him and now can sail the world while he continues to write.
Hugh explained it like this: And that’s the miracle of working as a writer: I can do it from anywhere and everywhere. The past few years, I’ve done a lot of writing from airplanes and airports while on business trips abroad. SAND was entirely written overseas while traveling through seven different countries; I think it’s a better story because of those inspirations. In upcoming years, I may be writing near your home port.
Hugh’s a super star writer and his success could not happen to a more deserving and talented person. He pours enormous energy into being worthy of his readership. But you do not have to be a million dollar a year earner or a traveler to benefit from writing.
The good news is… you do not need a huge success to have a rich and fulfilled lifestyle. Self Publishing can bring you a life that most people only dream of, as a journeyman writer, instead of a super star.
May I hastily add that the path to stardom begins as a journeyman… so the journeyman’s path brings success without stardom… but can also lead to stardom.
What most success stories like Hugh’s rarely explain is the many hours of writing that was devoted before their self published book sales soared. Hugh, like most writers were journeymen first. Stardom came later.
Here are sevens secrets that can help you become a journeyman writer.
The secrets are a writer’s armory of tools that allows almost anyone to create successful publications for income, freedom and fulfillment.
Take Merri’s and my publishing business as an example.
Merri and I are not writing stars. We are journeymen who have for more than 40 years, year in and year out, earned solid income writing and self publishing dozens of publications about multiple subjects.
Some years that income has been more than solid… over a million dollars. Yet in terms of stardom, we are hardly known.
In a moment you’ll see why that’s fine for us and probably will be for you too.
First some history.
Merri became involved in self publishing over 40 years ago… first helping a veterinarian publish a book on a very specific market… animal acupuncture. Then she showed a needle point artist how to sell more books to an even more specific audience… “needle point enthusiasts” about her needle point work to an audience larger than the population of the city she lived in. This led Merri to eventually become Executive Editor of an award winning magazine in Florida.
My story allowed Merri and me to work and live from Hong Kong to London to Europe to Eastern Europe, then the Caribbean and then Ecuador… making millions in the process of following our adventures… having fun… while helping a large readership adapt to a rapidly changing world.
That’s what self publishing can bring, profit, adventure and fulfillment, a great feeling of worth and wonder.
Self Publishing has created exactly the lifestyle we desire allowing us to span the world and work with meaning and purpose.
Self Publishing has become a new business art form.
The seven secrets can help you start your own self publishing business now.
Everything in publishing is new and exciting and changing. Publishing is being recreated by the wonderful power of destructive technology.
Everything is new… except the seven secrets.
Change in the publishing industry is disturbing many. We love this evolution due to these seven secrets we call the 7Ps. The 7 Ps are so fundamental to writing and publishing that new technology enhances rather than reduces their power.
The First P is Passion.
Whatever your passion, you can immerse yourself in it AND create income with self publishing. This can be your direct ticket to the kind of fulfillment you’ve always wanted.
Whether you want to travel the world or live as a recluse, work 12 hours a day or not work much at all, you can set your schedule to succeed, if you’re willing to learn these seven secrets.
You can start part-time with any dream, passion, and budget. Once you’ve created a product, you’ll enjoy the “multiple effect” of producing profits over and over again.
So the question is… What do you love to do?
What’s Your Passion: An example is that thirty years ago, a client of Merri’s had a passion to help people who were in pain? He published a series of pamphlets explaining various chiropractic disorders in very simple terms. For example: “What Is Whiplash?”
The pamphlets contained solid information, but were simple 5″ x 7″ brochures with drawings and explanations. He sold them with a rack to chiropractors, who put them in their offices for patients to read. These little self-published items sold year in and year out for decades.
There are thousands of ideas of this sort that can lead to big business. It’s just a matter of defining and then acting on your passion.
Although I can work when I please and go where I wish, for me the most important reason for being a publisher is the satisfaction it brings.
I love the projects I take on, so work doesn’t feel like, well… work.
What do you love? If you love golf, then you can write and sell publications about golf. Love travel, fishing, dogs, dolls, or art? Write and sell publications in these fields.
Are you concerned about crime, war, poverty or environmental issues? You can publish information products that help reduce these concerns.
Would you like to help the world be a more spiritual place? Publish a newsletter, write a book (or hire someone to write it for you), record a tape… publish something that enlightens people.
Whatever your passion, you can immerse yourself in it and earn income by publishing for ereaders, print on demand, CDs, lists, bound books, or any format you choose.
Be immersed in your passion and get paid well for it.
This is why stardom is not the main goal for most writers and self publishers. Extra income, more freedom and fulfillment are usually more than enough enough.
The seven Ps are:
#4: Profitably Priced Product
#5: Prospecting Pathway
The first time I exposed others to the secrets in Self Publishing was in a weekend “Writer’s Camp” seminar. We offered the camp for $1,500. 80 delegates enrolled. People from all walks of life attended—chiropractors, businessmen, investors, doctors, realtors, inventors, airline pilots, engineers, and housewives.
Merri and I were so overwhelmed by the response, we decided to make it available to a larger audience. We created a written course based on our current self publishing activity called “Self Fulfilled – How to be a Self Publisher.” Then we recorded the weekend “Writer’s Camp” seminar.
Thousands have used the course as it has evolved over the decades.
You can receive both the written course and the recorded weekend seminar, in an MP3 file, in a special “Live Well and Free Anywhere” program I am making available to you. The normal fee is $299 for the written course and $299 for the recorded workshop. I’ll send you both the course and the recorded workshop and my course on how to expand the profits of what you write called “Eventful Business” (also $299) all for $299. You save $598.
We are so confident that you’ll gain from this offer that if you are not fully satisfied, simply email us within 60 days for a full refund .
These courses are not theoretical. They describe, step-by-step, how Merri and I built a million-dollar international business and how we are running this self publishing business right now. We use the 7Ps today just as we did four decades ago to create a strong annual income.
This correspondence course is for those who would like their own international self publishing micro business for fun and profit. If you want fun, freedom, extra income and fulfillment with your own full or part time writing or want to build your existing business, by writing to sell you can profit from this course. The course can help who want their own business or who want to have a business together or a family business. This is the perfect course for those who can no longer find employment, who are looking for ways to earn abroad and who wish to retire and supplement their income.
Whether you are retired, an investor, chiropractor, doctor, dentist, professional or already own your own business, this offers another way to make money, to turn your passion into profit. We guarantee that we have shared all we know to help you start and run your own international business. Enjoy and live a life of following your Passion to Profit… through writing.
Here is a special offer.
Whatever your passion, however you do business, chances are you’ll be writing either to create a product or to sell a product.
You save more than $598 because you also receive a recorded webinar conducted by our webmaster David Cross (at no extra cost).
David has been our webmaster since our website began in the 1990s. He is Merri’s and my business partner. We could not run our business as we do without him.
Learn the tactics we use in our web business that condenses 27 years of practical experience about search engine optimization, and writing for search engines.
For the last 27 years David has worked with companies large and small – IBM, Agora Publishing, AstraZeneca and many small business owners. He has worked in 22 countries, and lived in six of them.
David’s clients span the globe and represent companies and charities both large and small. From corporate giants to small, one-woman businesses and everything from finance, healthcare, publishing, technology, real estate, veterinarians, alternative health centers and everything in between.
David is an essential part of our web based business.
Myles Norin, CEO of Agora, Inc. wrote: “I have found David’s knowledge and experience unmatched in the industry. Without David’s expertise and guidance for the past 7 years, we would not be nearly as successful as we are.”
As Senior Internet Consultant to Agora Inc. in Baltimore, MD, he worked closely with Agora’s publishers and marketers and – over a 7-year period – helped to propel Agora’s online revenues from around $20 million to well over $300 million.
David’s webinar will help you gain benefits in your micro business that large internet marketing companies use. In this practical recorded workshop you will learn valuable skills to help your micro business.
There has never been a time when the opportunity for small businesses abroad has been so outstanding. Expand your borders now! Increase your economic security freedom, independence and success.
If you are not fully satisfied that this offers you enormous value simply email us for a full refund within 60 days. You can keep all three courses as our thanks for giving our courses a try.
You also receive a report “How to use Relaxed Concentration to Brainstorm Business Ideas” and a recorded workshop “How to Become and Remain Rich With Relaxed Concentration” at no additional cost.
Plus you get more in the program.
You receive regular writing and self publishing updates for a year. Businesses usually need to evolve. Merri and I continue to publish and have our independent businesses. Some basics have remained for decades, but new strategies occur all the time throughout the year. We’ll be sending along updates that share our most recent experiences as we learn and continue to grow our international micro business from Smalltown USA.
My special offer to you in this “Live Well and Free Anywhere Program”, is that you receive:
- “Self Fulfilled – How to Write to Sell” course
- Video Workshop by our webmaster David Cross,
- The entire weekend “Writer’s Camp” in MP3,
- MP3 Workshop “How to Gain Added Success With Relaxed Concentration”
- The business course “Eventful Business”
- Any updates to any of the courses, workshops, reports or recordings for a year
We are so confident that you’ll gain from this offer that if you are not fully satisfied, simply email us within the first three months for a full refund.