Diversification, market knowledge and development in the past is the key to success
How to invest
Here are some ideas, what is important to focus on when buying postage stamps as an alternative investment. As I try to use my profesional business knowledge also in collecting, I stick to the following rules:
- do not overpay
- quality is the key
- diversify
- networking with other philatelists and experts
- sell anything you do not need
- Buy when the market is low,
sell when the market is high
Following these rules, I have managed to keep the costs under control and if I would like to sell my collection, I will make a nice profit on it, because I know where and how to sell it as well as who might be the right potential buyers.