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Old 06-08-2016, 09:04 AM
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Peter_Spaeth Peter_Spaeth is offline
Peter Spaeth
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Join Date: Apr 2009
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Quote:
Originally Posted by packs View Post
Anyone who is willing to put $300K into cards as an investment in their future is nuts. The only people spending $300K on cards are high rollers who don't even need to see a return. I would say the same is probably true for everyone who's purchased that Joe Jax card too. I would be very surprised to hear about anyone laying out their life savings on a card who was just a normal person who managed to save 60K.
Why nuts? I would guess if you took a basket of elite graded cards and compared the rate of return on them to the stock market or most other investments over the last 20 or 10 or 5 years, the cards would have a better rate of return.
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