Posted By:
Richard MassonIf the goal is to make investment returns, you want to buy when things are plentiful and ice cold and sell when they are scarce and in demand. We (the collective baby boomer WE) like baseball cards because collected them as kids and appreciate them. Kids today grew up with price guides and plastic sheets. As Tom Hanks said in BIG, "What's fun about a building?". When these kids grow up and have some discretionary income, will they go back and buy 80s rookie cards? Absolutely not. If I was in it for the money, I would buy beanie babies, put them in plastic, and stick them in the garage. They are plentiful, cheap and (except for the adults who got scammed) have many happy memories attached. The fact that this sounds like such a bad idea makes it a good one in the long run. My teenage son understands this concept, but he's a video game afficianado. We put together a run of all the classic Nintendo games (MIB) for very little dough. These kinds of items will be what the kids of today want tomorrow. Think about what our parents thought of our collecting baseball cards.