Quote:
Originally Posted by darwinbulldog
To the original question though, I'd say that the hobby (prewar baseball cards) is about as strong as I've seen now, but only in retrospect will I be able to say if that was a good sign or a bad sign.
There are some cards that I'm a little hesitant to pick up right now, just because they're behaving as if there's a bubble, and there are other things I'm buying up because I think they're undervalued, but again, who knows?
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This last point is key to me - sometimes you can find undervalued cards that are ready to takeoff. Other times, you should just stick with the blue chip cards that are trading at historically high prices, because they have shown a pretty consistent climb that shows no signs of a cliff.
I prefer to go after the undervalued ones because they’re fairly constant with significant upside. I do worry about bubbles bursting.