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Posted By: warshawlaw

But I always tell myself this (well, my wife too when she raises an eyebrow):

I don't play golf or have other expensive hobbies that are pure consumption of money.

All the time I spend on cards other men spend on golf, bars, tv watching and bimbos. Some men blow off steam by go to Vegas to gamble, drink and get lap dances in strip bars; I hang out with other card nerds (no offense) and talk and trade cards in vacation hot spots like Cleveland, where the local word for a pretty woman is "tourist".

You are not spending the money; you are investing it. Cards are valuable and are not likely to lose their value. Over the last 40 years, they have increased in value like any other investment. Besides, who's to say the $$ I plunk into my T206 set wouldn't have gone into Worldcom or Enron stock? I sure wish the $2k I put into Enron had gone into a couple of nice T206 Cobbs instead. At least if the cards go bust I will end up with some very nice things instead of a statement from a brokerage telling me I am a loser.

So cheer up and keep collecting; it could be much worse