Advantages
- Stamps are not highly correlated with other forms of investment and may therefore represent a valuable diversification within a wider portfolio.
- Stamps are highly portable stores of wealth and are easily transported over national borders.
- An ageing population in western countries means that investors approaching retirement may resume childhood hobbies.
- There are millions of enthusiastic stamp collectors around the world creating a global marketplace.
- There is a finite supply of classic stamps.
- Stamps are not a financial asset and so may perform better than cash in times of high inflation.
- As a tangible asset, a stamp cannot go out of business like a company quoted on the stock market.
- Stamps are a relatively confidential investment. Unless bought at a public auction, ownership is private and there is no public register as there is for many investments in equities.
- The investor is able to hold and admire his investment, and enjoy its aesthetic aspects.
- Many stamps have an interesting historical background.
Read more about this topic: Philatelic Investment
Famous quotes containing the word advantages:
“To become aware in time when young of the advantages of age; to maintain the advantages of youth in old age: both are pure fortune.”
—Johann Wolfgang Von Goethe (1749–1832)
“A woman might claim to retain some of the child’s faculties, although very limited and defused, simply because she has not been encouraged to learn methods of thought and develop a disciplined mind. As long as education remains largely induction ignorance will retain these advantages over learning and it is time that women impudently put them to work.”
—Germaine Greer (b. 1939)
“For, the advantages which fashion values, are plants which thrive in very confined localities, in a few streets, namely. Out of this precinct, they go for nothing; are of no use in the farm, in the forest, in the market, in war, in the nuptial society, in the literary or scientific circle, at sea, in friendship, in the heaven of thought or virtue.”
—Ralph Waldo Emerson (1803–1882)