How much money is out there? - Net54baseball.com Forums

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05-02-2005, 11:28 AM

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How much money is out there?

Posted By: calvindog

As someone who spends 6 figures a year on cards, I can tell you that this 'hobby' is hardly thought of as an investment. Josh, Altria is a good buy right now and unlike T206 prices, is not at a peak. While I certainly agree that the stock market is hardly a place for prudent investing over the past 5 years, why not compare card collecting to the real esate boom instead of comparing it to the price of JDSU? I rationalize my ridiculous outlays by knowing that, at worst, I may only recoup 90% of what I spend should I sell in the next couple of years. As for the future, I'd like to think that this commodity will not become hit the skids. The reason why people like us ultimately cannot view card collecting as an investment solely is that we are in love with these precious bits of cardboard and the clear thinking required to treat them as strictly investments is simply not there.

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