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#1
04-13-2010, 04:36 PM
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1- If your cards are really an investment, then you should have no qualms about liquidating your position. If you're cards are up, you should be joyed to sell right now.
2- Cards are not an investment. I've gone over this before. Invest in mutual funds, stocks, bonds, a home, an education, a kid's education, real estate... You're fooling yourself if you think cards are an investment. 3- Seems to me more folks here are collectors, not investors, when it comes to their cards. There's not really any reason for a purest card investor to even fool with this site. 4- I don't think your wife should invest in Tiffany bracelets or rings... she'd have an attachment to those, they aren't investments even though they hold some value. So I think your wife may well be right. Sell all of those investments. Then scale back what you spend on cards, to a collectible level. And let the rest of the idle money go into traditional, true investments. 
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#2
04-13-2010, 05:19 PM
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In light of recent years...
I don't know about you, but my stocks took a pounding over the last few years. Not to mention my house. Show her the price of a card you collect from 2006 and what it sells for today - probably about the same. Then show her the market's performance and go on Zillow and check your house value. I bet the cards held their own while the others dropped. Just a thought...
Take Care, Geno Last edited by HercDriver; 04-13-2010 at 07:20 PM.
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#5
04-13-2010, 07:22 PM
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It's relatively easy to make a case that certain classes of cards likely will retain their value and may appreciate, but to try to justify specific card purchases on the ground that they are a better "investment" than other places one might invest the same money would be an exercise in sophistry that won't get past your wife. I think you need a new paradigm here.
__________________
Four phrases I nave coined that sum up today's hobby: No consequences. Stuff trumps all. The flip is the commoodity. Animal Farm grading.
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#6
04-13-2010, 07:43 PM
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One way to attack it
OK, sometimes you just have to get creative. My wife really wanted a couple things that cost $6000 - I know we have young collectors on this board, so I won't say what those items were...I'll let you guess. So I pay the $6K, get more benefit out of the two items than she ever will, then tell her I need to spend a few grand on me. How's that for some creative bookkeeping!
Take Care, Geno Last edited by HercDriver; 04-13-2010 at 07:44 PM.
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#7
04-13-2010, 08:39 PM
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Quote:
__________________
Jim Van Brunt
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#8
04-13-2010, 09:06 PM
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Quote:
Two big thumbs up Geno!!! Carry on, Bob
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#9
04-13-2010, 08:37 PM
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Quote:
LOL! Although I may agree with your sentiment, Frank, I do think it's possible that someone else may have a different opinion than yours, even if you have "gone over this before."
__________________
Jim Van Brunt Last edited by Jim VB; 04-13-2010 at 08:37 PM.
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