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celebrities17h ago
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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