View Single Post
  #30  
Old 04-18-2007, 11:03 AM
Archive Archive is offline
Administrator
 
Join Date: Mar 2009
Posts: 58,359
Default Same old question, but it is killing me!

Posted By: peter chao

Jason L.,

You've made a good point. I would like to add that because baseball cards and memorabilia are non-traditional assets, it is unlikely that people will wait very long before selling.

If you are the owner of Intel stock you can justify waiting out the downturns because the company is heavily capitalized and there is a growing demand for computer chips. But with baseball cards and memorabilia people will be criticizing you from the beginning. As long as the memorabilia is performing they may give you a slight break, but when there's a downturn people will immediately jump on your back.

I would think that memorabilia and baseball cards because they are nontraditional assets would be quickly sold in a downturn.

Peter

Reply With Quote