alt Hacker News> Antiquities and heirlooms can be a good stable investment, the same reason people trade art or watches or guns or cars.
It is only an investment if it (likely) gains yield. Otherwise it is just a means of preservation of value.
> Antiquities and heirlooms can be a good stable investment, the same reason people trade art or watches or guns or cars.
It is only an investment if it (likely) gains yield. Otherwise it is just a means of preservation of value.
Most of these things have large categories that are inherently disinflationary. You can't make a new authentic vintage Ferrari. Whether they are fungible is the main problem and case by case. But you generally don't do it to build wealth, it's an expression of it that happens to have yields if taken seriously.