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bar1080

03/31/16 1:22 PM

#105 RE: IL Padrino #104

It's hard to find accurate numbers on collectibles. Whether you're talking about stamps, coins, art, classic cars etc, industry groups add an overly rosy spin. That's their job.

The oddest thing is how NO ONE collects ANYTHING anymore. When I was young, every kid collected stamps, coins and baseball cards. Then sports cards came back... and died again. Coin collecting survived mainly due to bullion interest. Silver and gold coins will always have buyers. Do you know any teen who collects anything?

The HOBBY of stock investing is in decline to a remarkable degree. Ratings for financial TV programs are way down from a decade ago. Stock clubs are becoming extinct after peaking in the late 90s. I've heard that Google searches related to stocks have fallen. No doubt the crashes in 2000 and 2008 soured many on stocks. And all the Dot Com era scams. Many have realized they can't outsmart Mister Market.

Stock investing, at least the hobby component in it, is definitely in decline. Your broker won't tell you about that, but it's true.

Of course a fat 18% dividend, if sustainable, will always generate interest. LOL!