Collecting for fun and profit
Saturday 21 August 2004
Button collecting may not sound like a viable alternative to buying shares, but a friend of mine has scoured op shops, online auctions and garage sales for buttons of note.
By The Landlord
In hard cash terms, her investment returns outstrip what she could have earned if she'd ploughed her money into shares.Making money from something you love, be it buttons, bottles or Beatrix Potter figures, can help your financial future. Many an entrepreneur has started this way.
It doesn't really matter what you collect, providing you buy well, choose a sector that has liquidity, and time your entry and exit into the market. If you treat your hobby as an investment, it should provide portfolio diversification.
The trick is to learn the ropes and then ratchet up your returns.
Read More - Opens in a new window
Commenting is closed
Property News
Return to market form
There’s been a rallying of the market with the latest REINZ data showing both sales volumes and median house prices noticeably up with the onset of Spring.
Commercial
NZ proptech start-up scores major investor
Auckland-based commercial property disrupter, Jasper, has raised $2.3 million in seed funding following investment from European asset manager M7 Real Estate.
Mortgages
LVR limits slow down investors
LVR speed limits continue to have a "strong effect" on investors, according to CoreLogic, after the latest Reserve Bank data showed a drop in investor borrowing.
