It feels like people have different opinions of what "burning a hole in your pocket" means. I took it as you have to be set in life to have $1.3M just burning a hole, so investing wouldn't come into the thought process.
If I just had $1.3M for nothing in particular, I'd just start giving it to relatives, but that wasn't an option.
I have zero interest in owning real estate, especially since I'd already own something in this scenario of being set in life.
I have a Babe Ruth bat that was used in the original Babe Ruth movie. I also don't really collect memorabilia.
I collected T206 cards for years, so this was an easy choice for me. I picked the Doyle card. If in theory I'm willing to give away the hole-burning money, then I wouldn't care if it lost value over the years.
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Please check out my books on baseball history. They include the bio of star second baseman Dots Miller. A book featuring 20 Moonlight Graham players who got into just one game. Another with 13 players who were with the Pittsburgh Pirates during the regular season, but never played a game. There's also one about 27 baseball families, as well as a day-by-day look at the worst team in Pittsburgh Pirates history. All five can be found here: https://www.amazon.com/stores/John-D...hor/B0DH87Q2DS
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