Quote:
Originally Posted by 2dueces
Less than 1%. It's just cardboard.
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It makes sense to me that someone who is just starting to collect would not want to invest much in collectible cards. There are plenty of examples of similar investments that bottomed out (stamps, antique furniture, tulips, etc.) I suspect that there are a lot of long time collectors who didn't spend all that much on their collections but have discovered that their long-held piles of cards, photos, autographs, and equipment have now appreciated substantially. The may have spent 1%-5% of their income on their collections over the years, but they now find that the collections are worth 10%, 20%, or 30% of their net worth. The question is whether their other investments are sufficiently large and stable so that they aren't risking their future by holding assets that depend so much on the enthusiasms/ whims of a small group of fellow collectors.