View Single Post
  #38  
Old 09-12-2022, 11:42 AM
raulus raulus is offline
Nicol0 Pin.oli
 
Join Date: May 2022
Posts: 1,885
Default

Quote:
Originally Posted by Peter_Spaeth View Post
Who knows, but all asset classes have their own set of risks especially short to medium term. IMO this bright line distinction between the stock market and cards is not necessarily right.
I don't think there's anything wrong with having a portion of your assets in nontraditional investments like collectibles. And I think we're all on board with that idea. Hell, if I'm honest, especially based on the runup in values the last couple of years, about 25% of my assets are tied up in cards. At the same time, I max out my contributions every year to my retirement accounts.

But taking cash out of your retirement accounts to buy collectibles is folly.
__________________
Trying to wrap up my master mays set, with just a few left:

1968 American Oil left side
1971 Bazooka numbered complete panel
Reply With Quote