Aardvark Daily

Please visit the sponsor!

Technology will kill the collectables market

Sometimes things get more valuable as they get older.

For example, if you have an original Apple 1 computer you have something very valuable and worth far more today than it would have cost you to buy exactly 50 years ago.

If you'd stumped up with US$666.66 for an Apple 1 back in July 1976 and put in a safe place for the next five decades, you'd now be able to sell that very same computer for over half a million US dollars, perhaps even more if the kit was still unassembled.

That original $666 represents the equivalent of around $4,000 in today's money (inflation adjusted) so you're still looking at an increase in value of around two orders of magnitude over five decades. That's a pretty astonishing return in anyone's money, averaging around 10 percent per year, compounding over that 50 year period.

So, it's fair to say that investing in the right bits of kit and holding them for a while can be a pretty good way to increase your net wealth.

More...

Forums are Down

Damn, why is it so hard to keep any reliable forum capability going these days?

I'll be working to get the forums up again but it seems that it might not be a simple task. The hosting company has obviously changed something but now it's up to me to try and get PHPBB working with their new configuration :-/

Recoverable Proxy

Rank This Aardvark Page

Change Font