Quote:
Originally Posted by barrysloate
Leon- agreed that rare baseball cards are a very liquid asset, and that you could get 80% of their value rather quickly. But you would be leaving 20% of their value on the table. I think any asset discounted that deeply would be pretty easy to sell. If your home is worth 500K and you put it on the market for 400K I don't think it would take too long to sell either.
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But I couldn't have money tomorrow with the house deal?
Regardless, my whole thoughts were based on what is best for his families living conditions. Since it sounds like the house would be an investment the choice becomes which is a better investment, cards or a house? Most folks would say a house, I have cards
. That being said, of course there will be more of our members (except for the folks that shudder to think of our cards as investments) relative to the general population who would take the cards. And lastly when I think of deep discount it's not 20% it's about double that. But that is relative and everyone has their own idea.