Thanks again for all of the input and good ideas, guys. Here is one example, albeit maybe the most drastic. I bought a 1986 Fleer Olajuwon PSA 9 at the all-time record price of $3,000 back in 2021. Today that card regularly sells in the $450 range for the past few months now. That's a $2,550 loss out of a $3,000 investment or 85%. Better to sell now and take that $450 (almost feels like I should just burn the card and be done with it already) current market value or hold? Realistically, it can never/will never get back to even $2,000 again and I would be pretty certain that it never gets back to even $1,000 again but I think it certainly COULD go up in value in the shorter term. On the opposite end of the spectrum, I don't see it dropping in value much more if at all from where it is today. I have many instances just like this, better to sell and pocket the money that's left or hold unless I desperately need the money to live on in the very near future?
Last edited by bcbgcbrcb; 08-30-2023 at 06:31 PM.
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