Quote:
Originally Posted by rats60
Mantles from the Rosen find graded 8 to 10 and that was 33 years ago. 40 years ago Mantles were 375 in vg-ex and they certainly have performed well against the market. The 99% that haven't outgained the market are called commons and minor stars. Pretty much any name HOF RC or Superstar card has. 1933 Goudey Ruths were 55-65. The stock market average was 844 in 1979 to 26184 this year. That is an increase of 31 times.
No one knows what the future is going to be for stocks, collectibles or other investments. I agree it is good to have a diversified portfolio. At this point 5k for some one 50+ years from retirement shouldn't be a big deal.
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There are dividends collected and reinvested on the stocks though, not the cards...you are making far more than 31 times..and again if the market tanks so do the cards..
on 10,000 in 1979 on an index dow fund you would have far more than 31x, you would have over 600,000.. so thats 60x.. correct me if im wrong
buying a PSA 5-6 1933 goudey ruth with 10,0000 and getting into the market for 35 years on an index fund. ill take my chances on the stock being $500,000 versus the ruth from this point on..