People who buy stuff hoping they will come up in value in a few dozen years

froggyboy604

froggyboy604

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I think it can be a waste of money buying stuff you think will be worth a lot of money in a few years since it is not the case for many things like "older pcs and laptops made by Emachine, Compaq, HP, Acer, VCRs, and those heavy tube TVs made by RCA or GoldStar".

Plus, by the time the price of older things goes up when it is worth selling, you'll be very old like in your 70s-80s in some cases if you are lucky.

Buying old things can not be a good way of making cash in the "short term" like 1-3 years. Plus, if you spend all your money on Antiques, and your car suddenly breaks down and no one is willing to buy your old things because of the poor economy or its worthless because everyone has one then you won't have any money to pay to get your car fixed because you spent it all on old things.

I don't buy things because they go up in value. I buy things I like and keep them till they break or I run out of room.
 
I think that they are just kidding themselves.. just look back to the 90's when you had everybody and their mother collecting beanie babies and even spending as much as $1k for them.. they were just certain that they'd be rare by now, and that they'd be worth a ton of money.

They currently sell them in Duane Reade for $2.99.
 
I say getting the rare stuff and selling it in X amount of years will bring you money. I still can't get over that rare nes games are selling for crazy amounts now and days.
 
Some things would be higher priced, and somethings wouldn't. Like cards. You buy them for $4 a pack, then sell them for like $20 per card. Some Yu-Gi-Oh cards even go for $200. Imagine how much they would be in years to come.
 
A lot of the rare Pokemon, Yo Gi OH, magic (the gathering)and sports cards are very hard to get by buying packs, but they are worth it if you truly enjoy the hobby.
 
The only thing that I can see making sense is either real estate, or perhaps rare items like coins, artwork, and other things that you might find at a garage sale.

Recently, someone bough film negatives for $45 dollars, and they were discovered to be rare works of an famous photographer, and they are worth millions.
 
Classic Cars which were in movies and TV shows are also worth a lot. I can imagine some rich person willing to pay millions for the Batmobile, James Bond Cars, etc.
 
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