Posted By:
Gilbert MainesOh it is an investment allright. But if you are looking to collateralize a loan, your better off with a 7 year old pick up truck; a bank will lend you money on that. But that's ok. Just because those Simon Legree types think that pork bellies sound better than vintage cards, doesn't mean that it is true.
In my humble estimation, what you need to do is to maintain your financial level of involvement with this hobby below the "important" stage. This stage, I identify as: when the baseball card prices are spiraling downward, and you have lost your job just at the point that you are facing catastriophic medical bills, while putting your kids through college; you can still slowly add to your collection as prices continue downward, and you have sufficient resources to "buy them all" when baseball cards bottom out.