Are Pre-War Baseball Cards "Solid" Investments?
 

Posted By: <b>DJ</b><p>investment: the investing of money or capital in order to gain profitable returns, as interest, income, or appreciation in value. <br /><br />I would constitude a home and mutual funds, but not necessarily an education. Call me stupid. Sure it's insuring a finanical life now (and future if you are driven), but what if you are a gas station attendant who wants nothing more from his life, but still buys a PSA5 T206 in hopes of assisting his future because he knows the history of growth in cards, and loves baseball. What if you were born with a silver spoon in your mouth.<br /><br />How many people hit it rich and avoid the college route? I don't have kids. How will the education of my kids help "MY" portfolio down the road and help me live out my adult diaper wearing days on this orb? <br /><br />Sure an education works for those who want to be lawyers, doctors and such and will make a whole lot more than those with two positions in the "food industry" (nothing wrong with that...there is nobility in all honest work), but in the long run, in this discussion, we can all agree that there are horrible investments (anything involving automobiles, going into the food business blind, credit card interest, bad stocks, shiny new cards...) and there are decent ones, like cards, and better investments like real estate, stocks etc...<br /><br />DJ

Are Pre-War Baseball Cards "Solid" Investments?
 

Posted By: <b>Andrew</b><p>Are pre-war cards a solid investment? Hmmm. . . this question simply cannot be answered by comparing averages to any market. What has not been analyzed is that you cannot compare averages for cards and stocks, or whatever. . . Like it or not, we are (well, most of us are) experts on cards. You simply cannot compare markets. Experts in any market with extensive trading and volatile values will do well. I don't care if you are into paintings, baseball cards, stocks, corvettes, 1957 chevys, comic books, etc. . . If you are truly an expert you will do well. Period. Conditions will change. . . No doubt. . . But then your strategy changes. It is simply not fair to compare averages for certain investments unless you account for expertise in the particular investment. . .

Are Pre-War Baseball Cards "Solid" Investments?
 

Posted By: <b>Gilbert Maines</b><p>Simply stated, an expert is one who makes baseball cards a solid investment independent of market conditions.