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2021 Glencoe/McGrawHill Newsclip: A Piece of Childhood Animation art, handpainted images from which cartoons used to be made, is a popular collectible. Log On Go to and open Chapter 11. Learn more about the different types of alternative investments, such as collectibles. Write a paragraph about the kinds of things you like to collect. Could any of them be valuable? 。 2021 Glencoe/McGrawHill Chapter 11 Real Estate and Other Investments Reviewing Key Concepts 4. Explain what is meant by the term collectible, and give some examples of collectible items you or your family may own. Collectibles are items that appeal to collectors and investors. Some examples of collectibles include: ? Rare coins ? Works of art ? Antiques ? Stamps ? Rate books ? Comic books 33 Personal Finance Unit 3 Chapter 11 169。 2021 Glencoe/McGrawHill Chapter 11 Real Estate and Other Investments Reviewing Key Concepts 2. List two advantages and two disadvantages of real estate investments. Advantages of real estate investments include: ? Its use as a hedge against inflation ? The ease of entering the market ? Limited liability Disadvantages of real estate investments include: ? Lack of liquidity and diversification ? Risk of declining property values ? Fewer tax incentives ? Potential management problems 31 Personal Finance Unit 3 Chapter 11 169。 2021 Glencoe/McGrawHill Chapter 11 Real Estate and Other Investments Key Term Review ? direct investment ? mercial property ? indirect investment ? syndicate ? participation certificate (PC) ? financial leverage ? precious metals ? precious gems ? collectibles 29 Personal Finance Unit 3 Chapter 11 169。 2021 Glencoe/McGrawHill Section Precious Metals, Gems, and Collectibles Let the Collector Beware A wise collector must always be alert for scams. The safest way to steer clear of collectiblesrelated fraud is to: ? Learn everything you can about the items you collect. ? Buy and sell only with reputable dealers and auction Web sites. 27 Personal Finance Unit 3 Chapter 11 169。 2021 Glencoe/McGrawHill 25 Personal Finance Unit 3 Chapter 11 169。 2021 Glencoe/McGrawHill Section Precious Metals, Gems, and Collectibles Collectibles Collectibles are another type of investment. These items offer the knowledgeable collector or investor: ? Pleasure ? An opportunity for profit Many collectors have been surprised to discover that items they bought for their own enjoyment have increased greatly in value while they owned them. collectibles a type of investment that includes rare coins, works of art, antiques, stamps, rare books, ic books, sports memorabilia, rugs, ceramics, paintings, and other items that appeal to collectors and investors 23 Personal Finance Unit 3 Chapter 11 169。 2021 Glencoe/McGrawHill CROWN JEWELS Throughout history, precious gems have been associated with great royalty. Why do you think diamonds, rubies, and other precious stones fascinate