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Old 08-31-2007, 04:12 PM
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Default Baseball cards as an asset class

Posted By: David Smith

If I were rich and didn't give a damn about baseball cards, the players and the history of the game, I would buy every rare and high grade card out there for the next year. That would drive the prices up and take quality cards out of the market.

Then, when the recession is in full bloom (and people are looking to places OTHER than stocks, bonds and real estate to park their money), I would dump the cards on the market with various auction houses and put that money INTO stocks, bonds and real estate.

The old story of Buy low, Sell high and get into investments others are down on.

David

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