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Old 09-19-2006, 08:29 AM
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Default An Analysis of the Yorktown Heights T 206 PSA 8 E-Bay Auction

Posted By: cmoking

Ted Z wrote: "A total of 90K was cited for purchases in these Hi-Grade cards, if I had $$$$'s like that I certainly wouldn't have invested in little pieces of cardboard; but, in real estate or diversified in the Stock Market."

Ted, those people have already made those investments. This is play money they are dealing with. 90K to them is no the same as 90K to you and me. Many of them probably have tens of millions already in real estate, the stock market, the cattle ranch, the friend's business, etc. This is likely the leftover money they can screw around with. 90K may be the core to someone's net worth, and if so, you're thoughts would be dead on IMO. But 90K can also be silly money to others.

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