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:
“Can you conceive what it is to native-born American women citizens, accustomed to the advantages of our schools, our churches and the mingling of our social life, to ask over and over again for so simple a thing as that “we, the people,” should mean women as well as men; that our Constitution should mean exactly what it says?”
—Mary F. Eastman, U.S. suffragist. As quoted in History of Woman Suffrage, vol. 4 ch. 5, by Susan B. Anthony and Ida Husted Harper (1902)
“If the minds of women were enlightened and improved, the domestic circle would be more frequently refreshed by intelligent conversation, a means of edification now deplorably neglected, for want of that cultivation which these intellectual advantages would confer.”
—Sarah M. Grimke (1792–1873)
“No advantages in this world are pure and unmixed.”
—David Hume (1711–1776)