Posted By:
Fred CJeff,
I never said that cards weren't investments. I just don't view them as that. Maybe that's foolish. To be an investment I'd have spend money (or capital) in an enterprise with the expectation of profit. That's not what I'm doing. I collect the cards because it's something I've done for a long time because I enjoy it. When I started out (and even now) it never occurred to me to make a profit off this stuff. For example, if I see an OJ of a player I really want, I don't break out the calculator and begin to figure out how much it's going to be worth 10 years down the road.
I suppose this stuff is very liquid in many cases and people could sell off a collection and buy a house with the money. Is a house an investment. To most yes, but to idiots like me it's just a place where I live. If I ever sold my house I'd have to find another or become a homeless person with a pretty nasty attitude because I'd have to carry all my frigging cards with me on the streets....