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$10,000
If your paypal account had this amount in it what would be a wise investment to maximize returns in the next 12-24 months? This is strictly an investment question, not a sentimental question.
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COLLECTING BROOKLYN DODGERS & SUPERBAS |
#2
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I'd go modern. Maybe a 1/1 Barry Bonds card.
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#3
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Anyone who knows the best place to park a pile for the next year or two either has a crystal ball or is full of sh*t.
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#4
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Jordan star rookie. Value will catch up to the fleer card.
Last edited by Econteachert205; 05-21-2020 at 01:31 PM. |
#5
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Aren't there multiple Jordan star cards? Is there one in particular that is more sought after? What are your thoughts on the Nike Jordan postcard with his signature image?
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COLLECTING BROOKLYN DODGERS & SUPERBAS |
#6
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Quote:
The postcard is just that, not a real card imo although nothing to sneeze at on its own merits. Sent from my SM-N960U using Tapatalk |
#7
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Quote:
I just had a conversation with my Mother, and last week with my girlfriend, regarding their investments. No one knows what's going to happen, but given the trillions in paper money we are in the process of creating, permanently lost jobs, businesses re-opening under new conditions with below-sustainable seating, businesses never re-opening - SOMETHING is going to be different in our financial future and it's best to give it some serious thought right now, as the sh*t could be heading toward the fan as early as late Summer. I recommended that they talk with someone who can at least discuss the nation's economic future - various possibilities over the next couple of years - and decide if they need to move investments. It's a serious enough topic that I might even stop muting the t.v. when William Devane appears. I personally believe that real estate and tangible assets is the way to go. Cash and stocks could ruin you. Since baseball cards are tangible assets, I think they are a better than normal investment right now. But I would go with the expensive oldies, staying away from the ones that seem to be at abnormally high prices that don't make sense (in your own mind). For instance, I don't think the price on 1933 lower-grade Ruth cards makes any sense, so they wouldn't be part of my portfolio. But you may feel differently. Same for Type I photos that are coming out of the wood-work, but keep going up in price - how long can that last? But that's just my opinion. Maybe for you its stacks of Ken Griffey Jr. rookies - the '80s and '90s stuff that I thought would never go up in value...is going up. Perhaps piles of Babe Ruth photos? I'm personally leaning toward 'unique' and 'rare' old stuff, but again, just my opinion.
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$co++ Forre$+ |
#8
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Whoops - I forgot to answer the OP's question.
I would just give my $10K to Packs. I've known him virtually for ten years or so, and he's never been wrong about anything.
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$co++ Forre$+ |
#9
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Haha give me your 10K and I will buy the most appealing 52 Mantle PSA 1 I can find. In 10 years I think I can double your money.
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#10
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I don't know how profitable real estate is going to be in the short term though. Commercial real estate is going to tank as companies move to remote formats. Personal real estate is questionable given how many people are out of work and having their evictions frozen for now. But there will be a reckoning when those protections end.
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#11
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Modern def has the highest rate of return but also has the highest risk.
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COLLECTING BROOKLYN DODGERS & SUPERBAS |
#12
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I would buy some of the major stocks that have been beaten up because of Covid-19.
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#13
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Fyi Apple is within 3% of it's all time high price.
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"Trolling Ebay right now" © Always looking for signed 1952 topps as well as variations and errors |
#14
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"I`ve got one word for you son, plastics".
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H Murphy Collection https://www.flickr.com/photos/154296763@N05/ |
#15
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if i had 10k id buy more
brk.b berkshire hathaway class b stock sitting at 173 -174 per share.
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Successful transactions with: Drumback, Mart8081, Obcmac, Tonyo, markf31, gnaz01, rainier2004, EASE, Bobsbats, Craig M, TistaT202, Seiklis, Kenny Cole, T's please, Vic, marcdelpercio, poorlydrawncat, brianp-beme, mybuddyinc, Glchen, chernieto , old-baseball , Donscards, Centauri, AddieJoss, T2069bk,206fix, joe v, smokelessjoe, eggoman, botn, canjond Looking for T205's or anything Babe Ruth...email or PM me if you have any to sell. |
#16
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I was in high school when they did their split, in early 2010. I took every penny I had and bought BRK.B, and it's been the best financial decision I've made thus far.
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Signed 1953 Topps set: 264/274 (96.35 %) |
#17
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I held all assets when the market crashed in March and am glad I did. Now my portfolio is worth more than it was pre-crash and if I had pulled out like ten million screamers were telling people to, I would be crushed right now. I'd lost 20% at my lowest point. Lots of people did sell. Bet they're upset about it now.
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#18
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My wife would: make me pay off a college loan, or use it as a down payment on a house.
I would: give my wife half the money, use $5k to buy pre-war, probably t206. Get two cards that are out of my reach - Cobb, Matty, Lajoie, Young. Pick up the 93 Jeter SP RC. Sent from my SAMSUNG-SM-G930A using Tapatalk
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Barry Larkin, Joey Votto, Tris Speaker, 1930-45 Cincinnati Reds, T206 Cincinnati Successful deals with: Banksfan14, Brianp-beme, Bumpus Jones, Dacubfan (x5), Dstrawberryfan39, Ed_Hutchinson, Fballguy, fusorcruiser (x2), GoCalBears, Gorditadog, Luke, MikeKam, Moosedog, Nineunder71, Powdered H20, PSU, Ronniehatesjazz, Roarfrom34, Sebie43, Seven, and Wondo Last edited by todeen; 05-22-2020 at 08:45 AM. |
#19
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It’s volatile as hell, so I would never swing or day trade it, but the macro charts are pretty predictable. I dismissed it as rubbish until about two years ago and I’m up about 275% total since then. I’ll hit my Roth limit in about a month so I’ll probably be loading cryptocurrencies for the rest of the year.
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Always looking for rare Tommy Bridges items. |
#20
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How do you purchase cryptocurrency ?
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#21
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I believe it's become mainstream enough where you could purchase it through certain brokerage accounts just like you would anything else.
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#22
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If you want to purchase the actual currency Coinbase is probably the easiest and most user friendly for first time US buyers. If you just want some exposure to the market the GBTC ETF is available from most online brokers.
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Always looking for rare Tommy Bridges items. |
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