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Net54baseball.com Forums - View Single Post - $15,000 to spend on 1-5 cards...WWYD?
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  #12  
Old 10-22-2022, 11:10 PM
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Quote:
Originally Posted by raulus View Post
Here’s another hot take that I don’t think has been expressed yet, although Peter will correct me if I’m wrong:

If I were looking to INVEST in cardboard, I’m not sure that I would do it now.

If I wanted to buy for my own collection and enjoyment, then all day every day, to the extent that my budget allows. But the OP here seems focused on investment first and foremost.

To my mind, the runup in prices over the last two years has just been breathtaking, often as much as 500% or more, depending on the issue and the player. If I were investing right now, it’s hard to imagine that I’m not buying at or near the top if I’m investing today, particularly if I’m investing in vintage.

Now, I’m sure that the majority of the forum will heap scorn on this idea, and I fully respect that and expect nothing less than to be roundly condemned for my craven approach.

But for my money, if I’m investing strictly for a return, now is not the time that I would invest in cardboard.
Yeah but:


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