The Best Ways to Spend $100
Welcome to another day in my life. Today is Thursday and I hope you are having a beary safe and great week so far. It is another busy week for Dab the AIDS Bear and me.
While financially, things are better then they were four or five years ago; people still have to be wise about investments and spending money. Can you earn cash investing in collectibles? It depends. Buyer beware...
Play your gift cards right
Check out gift-card exchange sites — like giftcardgranny.com or Cardpool.com — to sell or buy unused gift cards at a discount. With $100, you could net a card worth $120 or more, says certified financial planner Dannell Stuart of Mission Wealth Management.
Snag a budding star's autograph
Buy 20 baseballs, a blue ballpoint pen and two tickets to a nearby minor league baseball game for a potential major league profit, says Financial Safari's Pete D'Arruda. During batting practice, have your photo taken getting balls autographed by many players. Former Triple-A player Evan Longoria's ball fetches up to $195 today.
Schwinn Sting-Ray Bicycles
These banana-seat bikes once ruled the suburbs; if you kept yours (or your kid's), it might fetch $1,000 today.
Lego Ultimate Collector's Millennium Falcon Set
Lego investors struck gold with this 5,000-piece set, which sold in 2007 for $500 and now trades for about $3,000 in mint condition.
Vintage Hollywood Memorabilia
Items owned by iconic figures such as Liz Taylor or Marilyn Monroe are good bets, says Elizabeth von Habsburg, managing director of Winston Art Group.
Those Elvis stamps from 1993? They're still not worth much more than 29 cents each.
A 1998 handbook predicted that Stripes the dark tiger, which sold for $5 in 1995, would be worth $1,000 by 2008. Current value: about $25.
In fact, just about anything recently produced that's touted as rare or limited edition is unlikely to appreciate in value.
Most Newer Coins
Until 1964, U.S. dimes and higher denominations contained 90 percent silver; they're now worth about 14 times face value, according to Rohan.
1978 Chevy Corvette Indy Pace Car Edition
Many buyers of this low-volume commemorative model stored their $14,000 'Vettes and waited for values to rise. Today, cars sell for an underwhelming $20,000.
On other thoughts, maybe it's best to keep that $100.00 in your bank account. But at least I hope this blog made you smile.
Hope you have a beary safe and great Thursday!
Until we meet again; here's wishing you health, hope, happiness and just enough.
big bear hug,