|
Buying & Selling for Profit Investment Many traders encourage a client to believe the mark purchased is a 'sound investment' In truth it often is; values have been appreciating around 8% annually; however a mark with a retail price of £2,000 has a trade value of £1,500 and so if John Smith buys at £2,000 it will be nearly four years until trade value has caught up with retail price. Even so, long term, it is probable his mark will appreciate. Buying with a view to profit The essential elements are;
Please note; when buying with a view to profit you cannot
specify the letters and so William John Edwards cannot instruct my firm
to locate a WJE number to sell for profit. The above is an outline. If you wish further details please complete and submit the form below; |