A large stock of older stamps also ties up a dealer's money.
And it doesn't tie up your money for long periods of time.
Investors will choose how long they want to tie up their money.
Younger managers are hesitant to tie up their money for long periods.
So are investments that do not force people to tie up their money for years at the current level of returns.
If you are prepared to tie up your money for a year or more, you will do even better.
"You tie up your money too long, and the economics just do not stack up."
The financial end was simple enough: just tie up Mike's money so that a struggle over it couldn't take place.
It tied up his money, and reduced the element of risk.
Developers are usually not interested in land banking because it ties up their money for too long.