Where should you put your money in these unsure fiscal times ? Once - prudent investments in housing and the stock market no longer provide safe financial resort for your hard - gain dollars . But some suggest that , when searching for a static place to enthrone your money , you need look no further than your comic book collection . Some investors are selling off their fund and bribe up vintage risible Book , think that the eternity of funnies offers a more secure longsighted - terminus investiture than stocks have of tardy :
Mark Craddock , manager of Comic Book World , in Florence , Ky. , says stock - market investors also are turn to superheroes . “ There ’s form of a buying frenzy ” in vintage comic books , he state . The “ Silver Age Comic Book Pricing Index ” of 32 frequently traded ’ 60s comic strip , was up 14.2 % in the 18 months ending in July , while the Standard & Poor ’s 500 stock index was down 11 % in the same period of time . Mark Haspel , president of Certified Guaranty Co. in Sarasota , Fla. , which grades comical books , often for investors , say it ’s on track to address 200,000 books this year , up from 150,000 in 2007 . “ Spider - Man is going to be here in 20 year — he ’s not run off , ” Mr. Haspel says .
This is n’t the first time comics have been intimate as a wise investiture . Last year , Kevin Hassett , film director of economical policy survey at the American Enterprise Institute noted that thereturns on comical record beat out those of most other collectibles , including artistic production and antiques . When Stocks Tank , Some Investors Stampede to Alpacas and Turn to Drink[Wall Street Journal ] ( Via )
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