Posted By:
RickYou could have also bought EBAY stock for 3 bucks in 98 or microsoft for 4 bucks in 96.
yeah i know you could have bought Enron etc ...but most people also didnt invest in pre war ..most people invested in 1986 topps.
Investing in cards its too risky ...its a thin market and while everyone talks about the high prices you have to realize that it has only affected very few cards.
Pre war cards and high condition cards from the 50's -60's
While its easy to pick up a 100 shares of any company...its hard to pick 100 cards in a single day for the same price in the same condition.
Remember if you get around 7% return ...you will double your money in ten years.
Cards are a nice...we all like them very much ...some of us will even hype them as investments...but we are probably the most biased group you can find on the internet.
its very easy to look at the last 5 years and make all sort of projections ...but what about the 10 years before that? they were mostlty flat.
its not a horrible place to park some disposable income...but its not a good long term investment...