View Single Post
  #23  
Old 08-20-2006, 12:42 PM
Archive Archive is offline
Administrator
 
Join Date: Mar 2009
Posts: 58,359
Default Are Pre-War Baseball Cards "Solid" Investments?

Posted By: Gilbert Maines

Leon: a financial consultant once told me that if your investment doubles in value every seven years, it should be considered a good choice (not a great choice).

The math on your card works out to: if by year 2009, the card is worth $25.60 it should be considered a good choice, if you obtained it in 1960.

Edited to add: so it really has done 1000x better than that - as we all knew.

Reply With Quote