NEED HELP, may be making an investment

[the 'stache]

Originally Posted by jkray25

That's what this forum/the post is for no? To learn about something I know very little. Not to get snarky comments for asking a question.

I don't think it was a snarky comment at all. It was good advice. You'd be well served not to throw thousands of dollars at something you know next to nothing about. The smart thing to do is to begin by figuring out what you are interested in, and then start slow. You need to put in the time learning the ins and outs of the hobby, including how to spot fakes, and altered cards. Do that, and you'll develop instincts that will serve you well as long as you are collecting.

If a potential investor came to me and said, "I'd like to put $25,000 into the options market", the first thing I'd do would be determine what their goals were, and what their risk tolerance was. I'd also gauge their investment experience. If they've never traded options, they're not getting naked approval.

Far too often, people are lured by the promise of big gains. But in any area where money is being risked, one needs to learn to how to walk before they can run. And before learning how to walk, they need to learn how to crawl.