Quote:
Originally Posted by 1952boyntoncollector
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..
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I really don't know where you got the 600k from, but I hope you realize that the Ruths would be worth in excess of a million dollars. You would have received a much higher return if you had invested in higher grade cards.