Quote:
Originally Posted by Balticfox
Don't. Just don't. Cards fail the test of liquidity. Therefore the spread between the bid and the ask is so great that you'll be behind the eight ball from the get go.
Moreover there's no growth in income/dividends from the card so you're relying entirely on an increase in demand for the card. Meanwhile the demographics for any kind of increase in demand is bad because the baby boomers who fueled the growth in demand for cards over the last few decades are retiring and even dying.
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I would never recommend going all in on collectibles to the exclusion of other investments, far from it, but I'm sure glad I didn't take advice like this when I was building a collection over the past couple of decades. And I did get such advice, believe me. But everything doesn't need to have the indicia of a traditional investment to be a good investment.
https://www.youtube.com/watch?v=qjaAswnnyQI
https://www.barrons.com/articles/spo...tment-0ac44b09
Besides, the OP didn't ask whether we thought it was a good idea, he asked for recommendations on which card to buy.