investment?
- Thread starter wade
- Start date
PoolSleuth
Banned
wade said:
What is your budget?
wade said:
PalmerCollector has some great information about this here. You can find a resonable investment oppourtunity in cues, but just like any investment in a specialized niche market you have to do a lot of research and be prepared to take some losses as you learn your trade.
Additionally, just like any other high-end art/culture collection, the amount of return can vary greatly over time as social trends come and go. (E.G. The boom in Balabushka sales after the release of "The Color of Money") You can either try for short-term returns, which means identifying something trendy, or long-term returns, which means identifying universal qualities of design, craftsmanship and construction.
PoolSleuth
Banned
I would take to some of the serious collectors like Tate, Iron Chef, as you have 6K to work with. Or have you considered becoming a Mini Accessorie Dealer, as you got 6K to work with...
wade said:
Shane,
The first cue to invest in is your own playing cue. Get yourself a great cue by a great, timeless maker, like Barry Szamboti, Joel Hercek, Bill Schick, Southwest or Pete Tascarella. Use it, play with it, try out some different shafts and enjoy it for what it is.
You will never love another cue as much as a great playing cue by a great cue maker.
Anything after that is just fun collectibles.
As far as investments go, I recommend no-load mutual funds indexed to the S & P 500.
Chris
Last edited:
TATE said:
Vanguard is a great company to purchase your mutual funds through. I believe anything you *collect* should be for the fun of it. When you're collecting with the intent to re-sell at a profit, then you are a cue dealer. If you're buying cues because you love the designs, you want to play with them and just generally appreciate them. Well, then you're a collector. At least that is my view.
PoolSleuth
Banned
TATE said:
Amen......
It all depends on his tolerance for risk in the stock market, timeframe until retirement, and how liquid he would like the investments to be. I prefer Fidelity Investments. Their symbol is green, and money is green, and i like omens. }=O).
What about a Richard Black cue? Maybe a Chen style cognoscenti?? Russian D-1 diamonds?? Take that cue to the next bangers hall you go to!!
What about a Richard Black cue? Maybe a Chen style cognoscenti?? Russian D-1 diamonds?? Take that cue to the next bangers hall you go to!!