ARBOR WEALTH: Beanie Babies, Pokemons and a perfect Honus Wagner

Published: Thursday, October 31, 2013 at 02:34 PM.

One year thousands of folks bought Beanie Babies, planning to sell them when their value reached its zenith.  The craze died on the vine, though. Pokemon cards were the rage, but shockingly, they didn’t hold their value. My son loves baseball cards and talks dreamily of one day finding a Honus Wagner (didn’t he write operas?) in perfect condition. But wisely, he salts money away in his qualified retirement plan, instead. 

If your great-grandfather bought just one share of Coca-Cola in 1919 for $40 and if the dividends were reinvested, that one share would be worth around $9 million today. Adjusted for inflation, $40 in 1919 is worth about $540 today. 

Most Americans could scare up $540 by brown-bagging lunch for a few weeks and could then afford to buy about 13 shares of KO at today’s share price. Sure beats storing all those beanie babies in the closet.

Margaret R. McDowell, ChFC, AIF, a syndicated economic columnist, chartered financial consultant and accredited investment fiduciary, is the founder of Arbor Wealth Management, LLC, (850-608-6121—, a fee-only registered investment advisory firm near Sandestin.




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