Collectibles can be fun investments but don’t let passion blind you to the risks

Financial Post
February 1, 2023.

Diana Orlic, Portfolio Manager and Wealth Advisor at Richardson Wealth, discusses how Investors who solely focus on a traditional portfolio of equities and bonds may be failing to realize that their passion for art, wine, jewelry or other collectibles could be factored into their overall wealth-management strategy.

“Whether it be wine, jewelry, art, handbags, coins, stamps or even memorabilia, most people begin their collecting journey because certain objects bring them joy. This may add to the allure of the investment, but there are also risks associated with collectibles that investors should be aware of.”

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