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#17
08-31-2023, 12:15 PM
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Phil's situation as he describes it is one in which he cannot take risks. That changes the analysis completely in my view. If you can afford the downside risk, sure there are collectibles that are potentially great investments. And they are fine to own in a diverse portfolio. I hope I own some myself. But someone with no reserves on which to live should not be in collectibles exclusively or even to any significant extent and maybe not at all. The name of the game for Phil should be safety.
__________________
Net 54-- the discussion board where people resent discussions.  My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ Last edited by Peter_Spaeth; 08-31-2023 at 12:41 PM. 
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