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#1
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People who try to time the market more often than not, if not usually, get it wrong. From DJIA 8000 to DJIA 20,000 I bet I got three emails a week telling me we were at a top and about to crash. In my humble opinion the time to invest, if you are so inclined, is when you have the funds. Don’t try to time. The vast majority of crystal balls don’t work.
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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. Last edited by Peter_Spaeth; 10-21-2022 at 10:38 PM. |
#2
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We all have our opinions about the current market for cardboard and where it’s going over the next few years. If there was any doubt about my opinion, now you know it. And naturally, others will disagree, as is their God-given right.
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Trying to wrap up my master mays set, with just a few left: 1968 American Oil left side 1971 Bazooka numbered complete panel Last edited by raulus; 10-22-2022 at 08:58 AM. |
#3
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https://www.cbsnews.com/news/eugene-...me-the-market/
https://www.chicagobooth.edu/review/...he-nobel-prize
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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. Last edited by Peter_Spaeth; 10-22-2022 at 09:02 AM. |
#4
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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. |
#5
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In the face of withering and indisputable evidence, please consider my earlier comments to be withdrawn. Go nuts and buy everything you can while you still can. Cardboard only goes up!
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Trying to wrap up my master mays set, with just a few left: 1968 American Oil left side 1971 Bazooka numbered complete panel |
#6
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__________________
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. Last edited by Peter_Spaeth; 10-22-2022 at 09:21 AM. |
#7
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In all seriousness, I’m not buying cardboard strictly to invest. If I happen to make some money, then all the better, but my personal enjoyment and the fun of collecting is as important if not more so than any return on my investment. Disclaimer: this statement is not intended to preclude my ability to assert my status as an investor for tax purposes… And when cardboard prices are incredibly high, then I have other priorities in my life that bring me joy that I can allocate resources to. For the last 24 months, I’ve been focused on other priorities, while continuing to add to my cardboard collection at the margins, for pieces that I’m feeling I can get at a price that works for me. And if prices only go up from here, that’s cool too. I’m happy to sit on my collection and just let it ride, without adding to it. Heck, if it goes up another 500%, maybe I’ll even sell, just to put my money where my mouth is.
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Trying to wrap up my master mays set, with just a few left: 1968 American Oil left side 1971 Bazooka numbered complete panel |
#8
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I don't look at any card purchase as a true investor would, but at the same time, with lots of exceptions admittedly, I try to buy cards I think are good long term value. So at this point for example I probably wouldn't buy anything but a rookie card of most players other than the very top of each sport. Post war that is, prewar I don't think the RC thing is that meaningful.
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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. Last edited by Peter_Spaeth; 10-22-2022 at 09:37 AM. |
#9
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“Be fearful when others are greedy, and be greedy when others are fearful.” To my mind, it’s less about timing for jumping in and out of the cardboard market, and more about relative resource allocation. Allocate more when the market is down, and less when the market is triple the all-time high.
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Trying to wrap up my master mays set, with just a few left: 1968 American Oil left side 1971 Bazooka numbered complete panel |
#10
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Think it through, do what you are comfortable with and what you like. Just my humble opinion. Oh yeah, keep asking the Net54 guys questions. The dumb question is the one you do not ask and costs you...
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T206 154/518 second time around R312 49/50 1962 Topps 598/598 super set 694/697 ...whatever I want |
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