Collectibles Australia

Collectibles Australia a lot of people make money, sometimes amazing amounts, in collectibles in Australaia like coins, bear mugs ,dolls, antiques, dog stuff, barbie things, coca cola items or toilet seats! I have no idea about these markets. (The only thing I like to collect is rent and dividends.) But those who know what they're doing can make skilful and profitable investments.

My cousin is one of them, he goes to England and buys stuff I used to have when I first had a place of my own. He buys these collectibles very cheaply and then inports it of Australia. I can not believe what he sells some of this stuff for. But then he knows what he is doing.

With regard to DIY retirement funds this is where you can put enjoyable effort into your retirement fund and collect great rewards. Because if you know what you are doing you can buy low and sell high within your fund.

Collectables, when done properly, i.e. you have a plan that is committed to paper, can easily pass the 'sole purpose test', the trust deed can be easily made to fit this sort of investment, and so can the investment plan. The only snags can be getting the things valued and where to store them.

Collectibles Australia and the ATO

There's no way the ATO would look kindly on you storing you collectibles at home in australia. They'd be satisfied for you to put it in storage (after all, it exists and has to be somewhere). But locked away in storage might not suit you.

Collectibles Australia and extra income

A suggestion would be to rent it. There are many possibilities. If you're into retro collectible stuff, you may be able to rent it to an Australian film studio now and again, or to a person who wants to have a retro feel to their home.

As long as it's insured, you have a contract with the renter, it's all done in a commercial manner and it fits in with the investment plan, then there should be no problems with collectibles in australia.

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