Posted By:
JimCrandellI collect because I love the hobby but there is no reason why baseball cards cannot have a place in a diversified portfolio. In every financial planning meeting I have ever had I discuss the cards and their value with my financial adsvisor. High grade vintage cards have been a great investment.
Bruce is right in that the market can get thin as you get higher in dollar value. As I try to acquire the cards I need to finish my psa 8 and better sets in many cases I know exactly who my competition is for the cared and how much I need to bid to get it. While the participants may differ by set, there are a limited number of collectors that play in each one.
Lastly, Ted Z, if you and I could talk politics we would get along famously--Reagan is my hero and I am a big believer in across the board tax cuts to stimulate growth.
Jim