8legs: Iced coffee hour

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Logan Paul bought a $500,000 dinosaur skull instead of investing in stocks — and says it's already doubled in value

Logan Paul says he bought a Triceratops skull for $500,000 three years ago and now believes it has doubled in value to about $1 million.
Paul argues dinosaurs are a powerful asset class and could outperform stocks over the long term, comparing them to other forms of art and collectibles.
CNN and other outlets note that fossil prices have surged, with records like 'Apex' Stegosaurus selling for $44.6 million and other high-profile sales.
Experts caution that investing in dinosaur fossils is speculative and not guaranteed to increase in value.
The report recommends safer alternatives like real estate via REITs or commodity ETFs for investors without millions to spend.
The article emphasizes consulting a financial advisor before investing in stocks or fossils.
The piece from Moneywise originally ran with the headline about Logan Paul buying the fossil and its implied performance.
The report highlights high-profile fossil sales as context for why dinosaur collectibles attract attention and price spikes.
The article notes that some fossils are loaned to museums, underscoring public access as a consideration.
The discussion contrasts dinosaur ownership with the idea of keeping pieces in private collections or museums.
The article closes with a reminder that enjoying a fossil can be done by visiting museums rather than owning one.

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