Resource Author Francisco R. Higueras
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As we muddle through the first half of the year 2009, I have never seen anything like this. Never have I witnessed the fear and panic in investor’s eyes like I have in the past few months. I was thinking of spearheading a new organization–maybe calling it something like the Battered Investors Club or BIA, an acronym for Broke Investors Of America. The stock market has become nothing more than a roulette table, and retirement accounts such as 401K plans have separated the hard worker from half to almost all of the savings they have responsibly set aside for their retirement.

First of all, what is consignment? It is a sales strategy in which a product is given for reselling. It works under the basic premise that only what is sold will be paid. Unsold products will be returned after an agreed period of time.

This method is very popular nowadays because of the idea that no capital is wasted. It is differentiated from buying items for reselling and being stuck in your shelves for long periods without moving. If the items are consigned, a seller only pays for he was able to sell.

When you want to make sale, all you have to do is clean well-adorned furniture and accessories, then display and merchandise them for their owners. You can transform your good home to a cozy antiques shop by adding more sofas and tables giving an atmosphere of aged-look, yet with a graceful style. You can also add some paintings, prints, and decorative items to your stock for resale.

Every Sunday, a sea of white tents transforms the large parking lot on Harrison Ave in SoWa where the market takes place. Over 140 artisans and 50 antiques and collectibles vendors exhibit every week. Vendors and artisans change weekly, so you never know what you’re going to find. And when you find something that you love, you should buy it immediately since you never know if the artisan will be back the next week. (I learned this lesson the hard way.)

You can start investing in collectibles right away and at any dollar level–whether you have $100.00 or $1,000,000 to invest–there are collectibles for any interest you can think of. Some of the most popular areas of investing in collectibles are coins, stamps, antique furniture, art, rare books, autographs, and even classic automobiles are good investments now.

There are dealers, appraisers, and experts in every field that can help you get started. Attending auctions, antiques and collectibles shows, and online venues such as eBay are good places to do some research and see what you may be interested in.

One of the best parts of this market is being able to talk directly to the artisan who made the product that you’re buying. If you want something slightly different, or perhaps additional pieces for gifts, you can usually make arrangements.

At the Antiques market, look for sets of delicate antique china, mid-century furniture, Art Deco objects, and vintage clothing. You’ll also find paintings, plus antique and collectible books.

A favorite corner of SoWa Open Market is the area where local farmers and artisan bakeries display their bounty. Juicy summer fruits and berries glisten like jewels. As the summer goes on, incredible heirloom tomatoes and fresh-picked corn begin to appear. You’ll also find mouth-watering local cheeses such as chevre and smoked mozzarella. Buy a nice selection of these irresistible goodies, and you won’t have to wonder what to have for dinner.

Although SoWa Open Market only operates for a scant 6 months of the year, it’s one of the city’s most pleasurable shopping experiences. Mark it on your calendar now