Quote:
Originally Posted by Cardboard Junkie
I don't think I would feel too comfortable having more than 10 or 20 percent of my overall net worth in cards. For example if my net worth was 2 million dollars, I don't think I would want more than 200 or 300 thousand in cards.
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I think it also depends on personal circumstances and so on. I'm in my late 30s. A decade ago or slightly longer and I've have been happy to have a very large proportion of my net worth in memorabilia and very seriously did view it as an investment.
I have a partner but no family - if I had a family, I imagine I'd spent little on memorabilia as my income would go on other priorities. My partner views my spending on memorabilia as frivolous - which she is entitled to.
These days less so as am focused on ensuring I've a comfortable financial future (I would intend to leave full time work by my late 40s). Consequently, because I do have high spending habits on memorabilia, I lock an increasingly large proportion of my income into my pension which means it is out of sight and out of mind (
here, in the UK, it is basically impossible to touch a pension in any shape or form until you are 55 so is out of reach for me which is good).