The “Shark Tank” television program’s “Mr. Wonderful,” Kevin O’Leary, told me when I joined him for sushi and wine in the Shark Bar at the Palms Hotel in Las Vegas that he has found it more profitable to buy collectibles such as the best guitars he can find than to invest in stocks.
Guitars are among the collectible assets that are appreciating more than the stock market, O’Leary said. Other collectibles that have soared in value beyond the stock market’s performance include top-end watches, premium wine and pens, he added.
O’Leary recalled learning about a special guitar, a 1969 Fender Telecaster, that had just become available for sale at Rudy’s Music in New York City. He asked to look at it and told me he was wowed at first sight.
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Paul Dykewicz, www.pauldykewicz.com, is an accomplished, award-winning journalist who has written for Dow Jones, the Wall Street Journal, Investor’s Business Daily, USA Today, the Journal of Commerce,Seeking Alpha, GuruFocus and other publications and websites. Paul is the editor of StockInvestor.com and DividendInvestor.com, a writer for both websites and a columnist. He further is the editorial director of Eagle Financial Publications in Washington, D.C., where he edits monthly investment newsletters, time-sensitive trading alerts, free e-letters and other investment reports. Paul previously served as business editor of Baltimore’s Daily Record newspaper. Paul also is the author of an inspirational book, “Holy Smokes! Golden Guidance from Notre Dame’s Championship Chaplain,” with a foreword by former national championship-winning football coach Lou Holtz. Follow Paul on Twitter @PaulDykewicz.

