+1 spot on post.
With what I collect I need to buy something when I see it, or I might not see it for years, if ever again. And while I don't want to lose money, if I see something I really want, I will (in my mind) overpay for it. I can make money faster than seeing another of what I am buying. All of this in the context of my piggy bank, which only has pennys and nickels in it.
A '52 Mantle can be had anytime, in almost any shape, if you have the money.
But if you have a million dollars, you still can't buy one of these, unless it's for sale. (I realize it's not super valuable.)
Quote:
Originally Posted by Rhotchkiss
I will repost what I said in that earlier thread, highlighting what I think best reflects my opinion on the matter:
Regarding the question of the thread, who the hell knows. As many have said, I think it depends on who you are buying, why you are buying, and how long you intend to keep what you are buying. Personally, for the first time in close to decade, this year I have sold more than I bought. But I have been strategic about what I have sold and bought- I have sold off mainly rare t206s and bought almost exclusively Ruth, Wagner, Cobb, Jackson, Young, Matty and things I need for my T3 and 1933 Goudey sets. I don’t know if my timing is good or bad- I will tell you in 2-4 years! However, I am pretty sure that if I can hold for 10-15 years, timing won’t matter- what you buy is more important then when you buy it if you can hold for a long time.
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