View Single Post
  #4  
Old 07-17-2006, 04:16 PM
Archive Archive is offline
Administrator
 
Join Date: Mar 2009
Posts: 58,359
Default Collecting vs Investing

Posted By: Joann

Thanks Russ - that's kind of what I was looking for. You buy cards you want and like, and suddenly discover that it wasn't a waste of money, a worthless pursuit, etc. You do something you enjoy and find out later that without even meaning to, you also did something that made you money.

I really don't intend to sell cards that fit my collecting needs, unless it is to buy other cards that upgrade or maybe fill a more difficult slot. On the other hand, I certainly don't plan to have them buried with me either!

So either I will sell them when I am old, maybe to help finance part of retirement, or maybe because some young collector is all excited about them. Or at worst I leave them as part of my estate.

So what I'm wondering is what is the overall quality as an investment. Because if it can even marginally justify spending the money on something that is fun and relaxing, that just makes it better.

You don't have to actually sell the cards on an ongoing basis to have the value gain and have them be an investment - you can realize the gain far down the road.

Joann

Reply With Quote