What kind of budget or money do you spend

JustinD · #1 01-03-2016, 10:17 AM

Quote:

Originally Posted by 1952boyntoncollector

I bought a bunch of vintage cards raw when I was 20 or so and keep recycling the money made on those cards over and over...never any new money just the same money I had in from when I was 20..

If that's a true story, it's pretty cool Jake!

glynparson · #2 01-03-2016, 10:46 AM

Probably more than I should.

GaleClark23 · #3 01-03-2016, 10:59 AM

Reading these responses of where members are "self-funding" their buying for collections. I have built my entire home "gym" in such fashion......BUT.......not sure where to start such a strategy with cards.

What would you experienced veterans suggest for a new collector that wants to proceed in such fashion????

(1) What specific cards should I focus on if resale is my focus?
(2) How much should I be willing to spend on such cards (as a % of book price)?
(3) What about resale?

Any insights would be appreciated and could keep me in the hobby before my wife takes a bigger notice of what Im spending

drcy · #4 01-03-2016, 11:01 AM

In pesos it sounds like a lot

Laxcat · #5 01-03-2016, 11:10 AM

Quote:

Originally Posted by GaleClark23

Reading these responses of where members are "self-funding" their buying for collections. I have built my entire home "gym" in such fashion......BUT.......not sure where to start such a strategy with cards.

What would you experienced veterans suggest for a new collector that wants to proceed in such fashion????

(1) What specific cards should I focus on if resale is my focus?
(2) How much should I be willing to spend on such cards (as a % of book price)?
(3) What about resale?

Any insights would be appreciated and could keep me in the hobby before my wife takes a bigger notice of what Im spending

Let me restate: bills come first. As for $$$ amount. I buy most items for my collection here. So I'm comfortable stating it. A bunch of yall already know that.

I started with tons of cards that were purchased, paid for, and profited on.

As for buying lots: that's it. Do it. If you are looking to fund your collection through reselling, redundant I know, buy lots.

Set a price at the beginning and don't budge from it. If you decide to spend X more on stuff than you wanted, even if it's $5, it adds up quick.

Don't get caught up buying a lot to get a card for you. If the point is to fund your collection you should buy first with intention of selling it all. After you purchase it then see if there is anything you can't live without.

These work for me. Maybe not everyone.

buymycards · #6 01-03-2016, 11:04 AM

If I see something somewhere that fits my collection and the price is right, I will buy it, but it depends on many factors.

A few years ago I sold my collection of over 200 T206's and over 100 T205's to help out one of my children.

During this past year, 3 of my grandchildren graduated from high school and entered college. I helped them all financially so they could make it through their first year without getting into debt. So, I cut way back on my card purchases.

Some years I spend quite a lot on cards and some years I cut back. Some years I generate a nice profit and some years I generate a loss if I keep some expensive cards for my collection.

Rick

ALR-bishop · #7 01-03-2016, 11:09 AM

I expect to exceed 10,000,000 in Dongs this year

kmac32 · #8 01-03-2016, 12:45 PM

For my collection, it depends on what comes along card wise. I spent a little more this year as I bought some high dollar T 207 Cubs (serveral Millers and Saiers). Probably will not spend as much this year as other cards I am looking for should not be as expensive. Who knows for sure but if there are not many cards I am looking to add, the National might be in the budget? Do not see that many T207 Napoleon back Cubs around so might take a big venue to find them.

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Need to Spend Money On Ebay to Get Your 5x Ebay Bucks? Look here! 2.5 hrs to go!	meatloaf	Ebay, Auction and other Venues Announcement- B/S/T	0	09-17-2015 09:25 PM
Still Building My Set on a Budget - Looking to Spend $15-20/card	I Only Smoke 4 the Cards	T206 cards B/S/T	2	04-01-2014 06:22 PM
buying autographed 1933 goudey especially hofers big money to spend	milkit1	1920 to 1949 Baseball cards- B/S/T	0	07-04-2009 04:51 PM
What should I spend my money on?	Archive	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	6	12-18-2005 12:18 PM
Best Set for Someone On A Budget	Archive	Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions	28	05-05-2005 03:28 PM