Americans are going to be hit with an average tax rise of $3,446 if the country goes over the "Fiscal Cliff" on January 1, says the Tax Policy Center.
And those earning more than $1m a year are going to be hit hardest, with a 7.2 percentile point rise in taxes on current levels.
It's hard to accept that your hard work in 2013 may well be worth significantly less in value than in 2012.
This isn't scaremongering. This could be actuality in as little as 20 days.
Are collectibles the answer to all your financial problems?!
I won't insult your intelligence by saying that investing in high-end collectibles will negate the impact of the Fiscal Cliff in one fell swoop.
Yet as part of a balanced investment portfolio, they can make a difference.
What's more, as the tax rises take more and more out of your pocket, it's great to be able to say, 'Yes, I'm being proactive and fighting back'.
Collectible investments may not offer you returns overnight, but they can provide excellent mid- to long-term gains that can help you emerge from the global economic crisis in a strong position.
And as tangible assets, they have a low correlation to the stock market, which could head into sharp decline if America goes over the cliff.
Start the fight back
Here are three collectibles sectors that have performed superbly in the past decade:
• Autographs: The 40 most sought after autographs are up 14.0% pa in value since 2000, according to the PFC40 Autograph Index.
• Coins: The GB200 Coin Index, which tracks the prices of the leading 200 British coins, posted an increase of 13.4% pa between 2002 and 2012.
• Stamps: The globe's 100 most commonly traded stamps have grown in value by 5.0% pa since 2000, states the SG100 Index.
We would love to talk to you about the potential of collectible investments.
And, of course, there will be no obligation to buy and no hard sell.
+44 (0)117 933 9500 or info@paulfrasercollectibles.com.
To whet your appetite, view our stock for sale.
All the best
Paul
Paul Fraser