Quote:
Originally Posted by Gorditadogg
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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Investment definition:the action or process of investing money for profit or material result.
There is no requirement that your investment potentially earns income. Do your stocks pay a dividend if the company loses money? If your rental property generates more expenses than rental income, you are doing worse than investing in a non-income generating asset. Baseball cards are an investment.
To the OP, start with the big HOFers, Mantle, Robinson and Mays then move on to the other high number HOFers, the low HOFers and high number commons. Do the low number commons last.