Demographics of Wealthy Collectors/Investors ~ Fascinating Stats of Collectors!

Ever wonder the overall demographics of wealthy collectors? Ever wonder what wealthy collectors prefer to collect and why? If so, this video is for you.
Stats about average collectors are also included!
This video was compiled by data collected by myself over the years and comes from numerous financial surveys done by UBS and other wealth management firms. Some of the data pulled was part of articles about collectible investing done by CNBC, The Wall Street Journal, and other financial publications over the years...
Disclaimer: Due to how long it takes this data to be compiled and made public, most of this data is from the years 2005 through the end of 2018.

[@monkey39128]

“This painting here, I bought it 10 years ago for $60,000. I could sell it today for $600,000. The illusion has become real, and the more real it becomes, the more desperately they want it.” -Gordon Gekko

[@Jmillz181]

I'm a Henry and proud lol

[@mattstrott753]

I always learn something new on your videos. Even subjects like this one where I didn't think it would apply to me. Appreciate all you do

[@ReservedInvestments]

Thank you!

[@TheMMCH]

The truth has been told. Thanks Shaun!

[@eleazarmartinez5963]

I just found your channel today. This particular video blew my mind away! So, I like and subscribe to your channel. Your knowledge is fascinating and wonderful! I enter into the PM market back in the summer of 2020. I discovered I enjoy it very much, so now trying to learn about numismatic coins, currency, antiques, and other collectible items for investment. I for sure will binge watching your previous content and exciting to see your upcoming material! Thank you for what you do and sharing your knowledge with the ones new at this kind of stuff. God bless and cheers!!

[@ReservedInvestments]

Thank you!

[@retro_escape2969]

Great insight, thanks for the free information!

[@heyhonpuds]

It seems foolish to let a word like “wealthy” stop you from learning. Seems like it would be wise to learn from such folks if that’s something you wish to emulate, especially if it’s self-made wealth. Thank you for the education.

[@robd9921]

It really is. People have such a negative connotation of the word "wealthy" and wealthy people, that it makes them just automatically not want to listen. It's like Shawn was saying in the video, it's because they believe the wealthy were either born into a wealthy family, they inherited their wealth, or they became wealthy through "cheating the system" with rent, dividend, and royalty income. They don't feel the wealthy "earned" their money.

[@davidk.1917]

@@robd9921 I think the most negative feelings are towards the people labeled "elites". A wealthy person, more times than not, is just a bit more high class than an average middle class educated person. Sure they may have a few million dollars, but they're not at the level that invites criticism, major envy, or disdain. Elites that have wealth in the billions, or hundreds of billions of dollars are on a whole other level. To reach that level of wealth invites criticism and honest skepticism from the general public. The elites collect private islands while the wealthy collect vintage cars. It's a huge difference.

[@Matt1234566789]

I found this video helpful and fascinating. I would love a follow up. Thank you for the content Shawn, it just gets better and better with each video you unveil on this particular KZbin channel.

[@pyroclasm1]

Great video, good information! I'm definitely looking forward to the follow-up video.

[@vvolfflovv]

As someone who is looking for a hedge against economic headwinds and inflation but wants to know all the risks, I found this to be an extremely helpful start point.

[@coolguyxoxo]

Another great video. Keep going sir

[@Thorson514]

Catching up on all the back video. And I would like to say thank you for the knowledge that your are releasing. Please continue making these videos. Once again thank you

[@ReservedInvestments]

Thank you!

[@differentculturessamenatur9439]

Had to pause the video because there so much info I'll forget. But this channel is value because your time to finding and giving these talks save us time to make more money. Thanks a lot and man all this sounds like fun to do.

[@dennishubbard9706]

Thanks , honest content and commentary as usual

[@ComicsWithBonics]

I’m a fairly new subscriber and agree with all the points that you’ve made in this video. Keep up the great content!

[@ReservedInvestments]

Welcome!

[@RealNickATX]

I play your videos with a notepad and pen in hand . Dropping some great knowledge in each video 🔥

[@drathicusrex7244]

I can’t thank you enough for your amazing videos.

[@ReservedInvestments]

Thank you!

[@arteindue]

Please do a follow-up!

[@TheStevenHedges]

These statistics were really fascinating to learn.

[@ChipHunter3]

THis is my favorite video you've done. And I've watched a lot of the. Except you did call me a moron... A video on when/how/why to insure a collection would be great!

[@ReservedInvestments]

Well, I didn’t call you a moron personally...😉

[@fuzzyg101]

flipping the bird at 14:28 lol

[@GamerNRetro]

That's crazy how few people want an inherited collection. Here's to me hoping that I can pick up a muscle car in for a normal price in 20 years or so.

[@thejestindavis]

Could you put up a link to the article/s you referenced? Thanks, good info!

[@antoniom.1402]

Thnak you for this informative video, it was very interesting! Is there any data about old & rare books performance? maybe some links to some info? 🙏

[@charizardperfection1]

what would be your stance on insurance for a safe deposit box?

[@Spookytooth92]

Due to the rapid inflation of this year if this inflated rate and the feds goal of increasing inflation each year does this mean as a whole that the regular 2% growth collectables and high grade physical investments might be undervalued from being behind in the inflation growth? Would a easy 4% possibly be picked up from this singular year right now just in a general overview of the market such as if there was a imageinary etf for collectables

[@zacharydoebler3703]

With the impact that free coronavirus stimulus money has likely had on collectibles this year, that sounds like a risky endeavor. If something that has actual industrial uses (like silver) is claimed to be historically undervalued, due to market manipulation, that is one thing. But I can't see how a finished product like a collectible could be seen as truly undervalued unless you had undeniable evidence of mass market manipulation in that particular category.

[@MetalBum]

Coins especially gold silver gold their value and appreciate over time!!

[@kristiantucker5449]

Hey Shaun, in Australia we're recalling all of our old bank notes in exchange for new shiny ones. Do you think it's worth investing in the (about to be) old notes

[@ReservedInvestments]

Most likely everyone else is already hoarding it...too much supply overall...

[@Cookiedon15]

I made a balance sheet for myself. I only include "liquid cash" not stocks, pension, or 401k because I assume they will crash for no reason. It's mainly to keep my finances in order

[@PattysCards]

Hey you should look at the sports cards market! So many cards are up 4x since March! It feels like the junk wax era. Or a new era where everyone has graded cards. Insanity

[@StromkirkCurse]

I really enjoy your content and the knowledge you´re providing. Sometimes your gesticulation actually distracts me from your talk when I´m watching the video as opposed to listening to it only. This is just a well meant tip, maybe you could reduce it a little bit (it´s hard when you are used to it for decades already, I know myself ;))

[@ReservedInvestments]

I’m part Italian...so of course I talk with my hands...lol!

[@MitchMitchem666]

I disagree with your comment about donated collections being from narcissism. What would you suggest someone without children and/or a spouse do with their collection when they die?

[@ReservedInvestments]

You’re taking the commentary out of context. I didn’t say ‘donating was narcissistic.’ Buying, naming a collection after yourself, then donating it IS...it’s all about the perceived intent.

[@mrmovieprop]

Narcissism has negative connotations. But even if the donated collection is not attached with your name its donated to further the knowledge of that area of interest you had is it not? if you had the largest collection of whatever and you donate it to a museum you would insure more would find value in what did interest you than otherwise is the case.

[@Cookiedon15]

Yeah, in California, lottery money is supposed to go to schools but it only goes to admins not books, or other learning material

[@skidoojosey6037]

Shawn’s take on gambling is the same way I see gambling.

[@ReservedInvestments]

It's a tax on the stupid...

[@EricPLin68]

How do we contact you for a consultation?

[@ReservedInvestments]

[e-mail]

[@adolphus28]

if you're newly working without any ties and making 50Usd, you'd be able to save a lot.

[@ReservedInvestments]

Other factors come in to play here like where you live geographically as well. $50K may be a modest salary in Iowa, but in Philly, NYC, CA, or Seattle, it is a poverty wage...

[@mrmovieprop]

Interesting how you define rich and wealthy. Most define rich as just based on income or a lesser degree of financial strength when compared to wealthy. But everyone of course has their own definition on such arbitrary terms. Also while houses and non liquid assets still have value its often helpful to separate financial net worth from general net worth. Someone with all their wealth in a house even if its a million dollar house is not really set enough to indulge in luxuries in the same way as someone with a million in financial net worth. There is an old saying that if you can say what your net worth is then it most not be much. That is because in reality the calculation becomes more complicated for those with a lot of wealth. Do you value pre tax 401k accounts at their full value, the value if you withdrew them and paid tax at retirement age all at once, or a value subtracting out your normal tax rate even though you could not get access to it all at once without being pushed in a higher bracket? Do you value that with a penalty if you are not of the full retirement age? Also on stock if you own a lot in a given company if you try to sell it all at once it will be more than the market can bear and you will push down the price. So how do you value that sort of stock holding? Then you have other issues if you want to get technical, If selling a given item causes you to lose other tax credits do you factor that in? Private businesses also are very hard to value. Do you mentally reduce the price realized for selling a private business if you agree to stick around to aid in the transition to the new owners? Art if high end is more likely to sell directly because its rare. If the owner is known often someone has been hounding them to sell for years. this happens in other collecting areas with one of a kind items too. Often someone has to entice someone into coming aroudn to the idea of selling something with high end pieces. That often happens even if the item goes to auction often a person that has been hounding them for years is going to buy it ultimately.

[@sunnohh]

The race for returns in this interest rate environment, makes me laugh uncontrollably. Collectables are a bad investment lol.

[@RareManga]

I sold crypto during corona crash and I regret it. On to the next one.

[@Fogelvatten]

I disagree with that you already have to be established with stocks and fonds and have a good understanding of economics to start with collectibles. The most important part in my opinion is knowledge about the collectible. I started buying pokemon products a year ago from nothing while studying with a low income per month. I now have a position of around 25k, and i made 7k (profit not sales) last month alone from flipping and liquidate investments. I have never used the stock market and i have never studied any economics, i did mainly learn how to buy and sell in Runescape and Maplestory and similar games (lol). Sure im just a single example but im sure i not the only one that have done this

[@PattysCards]

I love the hustle bro! I would love to connect and see what you flip and stuff. For the longest I was flipping funko pops and video games

[@Fogelvatten]

Im sorry but i wont have time for that but i can give a short summary! My main focus is PSA graded vintage cards. I also do some newer sealed stuff and i did vintage sealed stuff before aswell, but i stopped with vintage sealed. The prices are now to high and the risk is to high, its to easy to get scammed with reseals and stuff. To a beginner that knows next to nothing about pokemon i would recommend PSA 9 graded 1st edition vintage WOTC holo cards, do NOT buy sealed without knowledge Good luck on your flipping :D