Dump Your 401K, Invest in records


Great article today in the Wall Street Journal:

http://online.wsj.com/article/SB10001424127887324263404578611910431238662.html?KEYWORDS=kallman

Man, 700,000 records, the way to go.
buconero117
Wow. I happen to have a copy of that Dylan album in stereo. Other than some very light scuffing from sliding, it's perfect. I literally only played it twice in 1979.
Wow, $35k for a piece of vinyl - you gotta be out of your ever-lovin' mind...

-RW-
Our hobby pieces are not an investment. Most of these pieces drop in price the minute you buy them, and that goes for vinyl records. You might have a couple pressings that are classics but the other 99.99% will be worth .10 on the dollar. I still buy used albums in mint condition for $3and $4 each.

Also, its a bunch of bs that there will be a stock market crash, maybe in the next 100 years.