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Old 01-21-2005, 09:40 AM
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Default Collector or Investor (or both) - Which are you?

Posted By: Bily

OK, since I am new to this board I should use this topic to talk about myself a little (lol). I am 21 and just graduated from Nevada-Reno (sweet 16 team last year) in August, and while surveying my future I decided to take a calculated gamble on T201 and T206's. I have no real money to speak of, just credit cards. My question is this, is it smart to buy these cards when you can get a deal (at or below SMR) and throw them on the plastic? Right now I have very good intro offers of 0% interest which will expire soon and go up to 10% there after. It seems like a good idea to me, but I can tell it frustrates my parents. I figure if you want the cards (which I do badly) the time to get the rare vintages is now (as leon mentioned earlier, ebay, PSA registry, etc all have increased demand). I also remember in Ecology class my prof said in 2050 there will be 15-18 billion people on the planet, and it's convinced me to go for it right now.

Should I stay the course, or go conservative for a while and risk people like S.R. Owen (bison711 on ebay)literally buying up and cornering the market on T201'S? I can just see that happening, and kicking myself for life.

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