View Single Post
  #85  
Old 09-02-2007, 10:03 AM
Archive Archive is offline
Administrator
 
Join Date: Mar 2009
Posts: 58,359
Default Baseball cards as an asset class

Posted By: Jeff Lichtman

Fred, why can't cards be both?

I buy only cards I like and I pass on cards that could be thought of as giving me the possibility of a greater return on investment over time. So, if I'm an investor I'm a lousy one at that when it comes to cards. But in the end the money I'm putting into cards will come back to me and possibly bring large returns -- so why can't I at last have an investment vehicle that gives me pleasure, much like real estate? These are not mutually exclusive concepts as any time you drop large numbers into a collectible it becomes part of your net worth, whether you perceive it to be that way or not.

Reply With Quote