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#1
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If you had $5-10k to invest...The Mick or Stocks?
I started thinking about this recently. With the current economic and governmental climate, the stock market does not seem like the same safe mid-to-long-term investment that it used to be. I don't really understand why it's going up and that makes me nervous. Maybe it's still safe in the long-term (20+ years), but that's what a 401k is for...
So, if you had $5-10k to invest, would you rather put it into stocks or high end vintage? If vintage, what would you buy? It doesn't have to be Mickey Mantle. It could be a Clemente RC, perhaps? Anyway, have at it. |
#2
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IMO, over the long term, you will realize a return on either stocks or high end vintage. With cards, you can hold and show off your asset, but no one will be able to touch, enjoy or really even care about your facebook shares.
In my case, I try to stay diverse in what I put my extra money into: cards, stocks/funds, real estate. There are up and downs in all of these markets, but in the long term they have all grown in value. Personally I like the cards because I can hold them, share them etc. |
#3
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Stocks - and it is not close.
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#4
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It depends on how each market is doing. I would buy into what ever one is doing the worst at the time of purchase.
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#5
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Agree S&P 500 all the way.
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#6
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I would not look for investment advice on a baseball card chat board.
__________________
My avatar is a sketch by my son who is an art school graduate. Some of his sketches and paintings are at https://www.jamesspaethartwork.com/ He is available to do custom drawings in graphite, charcoal and other media. He also sells some of his works as note cards/greeting cards on Etsy under JamesSpaethArt. |
#7
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Quote:
I have a lot into my Mantle collection. But they aren't just investments I enjoy owning them.
__________________
Successful transactions with peter spaeth, don's cards, vwtdi, wolf441, 111gecko, Clydewally, Jim, SPMIDD, MattyC, jmb, botn, E107collector, begsu1013, and a few others. |
#8
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At least you never have to over pay for the advice here and folks are always willing to tell you what you ought to do about stuff
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#9
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#10
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My original post is not seeking financial advice. I'm just wondering how people feel about it.
That aside...In general, the stock market goes up over the long-term, but can anyone explain why? Is it weird that most people invest in the market not having any idea why they should expect it to go up other than the fact that history says so? Last edited by sickmantz; 04-27-2017 at 11:52 AM. |
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