Quote:
Originally Posted by ValKehl
You can make or lose money stocks, bonds, and real estate, which are considered investments. What makes you believe cards are different?
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Stocks, bonds, and real estate generate income, which, as an owner, you share in. Stocks pay dividends, bonds pay interest and real estate earns rents. You calculate the intrinsic value of an investment by estimating its future earnings.
A baseball card has no earning power. The only way you can make money on a card is to sell it to someone for more than you paid for it. It has no intrinsic value.
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