Saturday, April 05, 2008

Olympic Stamps popular in China reports, "Currently, stamps with the theme of 2008 Olympics are quite popular in China. Many collectors are buying them for investment purposes. But experts warn newcomers not to invest blindly."

According to the article, "Traders say as of this February, the luke-warm stamp market has been reignited by the Olympics fever. However, many of these investors are newcomers in the stamps sector. They've invested a lot of money, and are expecting high returns without doing much research."

Yuan Juxian, stamp investor is quoted as saying, "Investors should not be chasing new products irrationally. They should be more mindful of potential risks involved. I think some older products have lower risks than newer ones."

To read the entire article, click here.

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posted by Don Schilling at 12:01 AM