Friday, October 10, 2014
Can You Make Money Investing in Books?
Rare book investment is a tricky business and you have to know what you are doing, including buying right and not at retail. However, if price inflation heats up, assets like books could easily about pace the general inflation level.
FT discusses the investment idea here (Starts at roughly the 9:50 mark).
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I'm in no way an expert on this, but if we enter a stagflation period where there's inflation with a reduction in real standard of living, collectables will take a disproportional hit in value. I'd think it would be very risky to expect them to maintain their inflationary value.
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