--- Sellam Ismail <foo_at_siconic.com> wrote:
> Unlike stocks, which are probably currently
> under-valued, and will
> probably have a greater rate of return.
>
I doubt it, major blue chip companies like GE are
still selling 2 to 3 times above their historical
average value (relative to their earnings, or p/e
ratio), so there still is a long way down just to
reach an "average" historical value, and typically the
cycle goes the other way for 5 to 10 years (where the
selling price is way below the historic average
value). So stocks don't look like a very good
investment for the next 20 years or so.
Its hard to predict with Altairs, I know someone who
collects erector sets and some of these sell for
thousands, and thats for sets that were made in the
thousands every year for decades. An Altair is much
rarer then this, but who the heck knows what the
future value is going to be.
Generally, people who make money on collections are
people who never give it a thought as they are
collecting, it just happens that one day they realize
they can retire on the sale of their Barbie
collection.
steve
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Received on Tue Oct 02 2001 - 12:35:37 BST