As per Uncle Gary’s comment regarding an unrestored Action Comics #1 going up for sale (big news in the comic world today), I swear I read an article indicating that over the past decade if you were to compare investing in comic books vs. investing in mutual funds (before the drop), comics would still bring you a larger return on investment.
I am going to do some heavy duty analysis on this subject. Off the top of my head, there are a few things to keep in mind, such as there’s no way new comic books are worth anything anymore. It’s all about getting old comic books. I’m going to analyze some trends of the increase of the value of older comic books and compare it to the return on investment of mutual funds for the past decade. If I see that comics have been the big winner, it’s time to start investing in collectibles.
But we’ll see what the research says, shall we?
One reply on “Investing in Comics”
Sorry, but wrong again on the TFSA (sort of). Anything you take out can be replaced, but only after the year you withdrew the funds.
Example.
Year 1
Allowable contribution = $5K
Contribute $4k
Invest in a gold mine and grow the TFSA by $20K
Withdraw $10K for some home renos.
Year 2
Contribution limit is total of:
$ 1K – Unused contribution room from previous year
$ 5K – Annual contribution amount
$10K – funds withdrawn in previous years.
=====
$16K Total
Once again, any contributions not made in year 2 carry forward to year 3 etc.