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Old 11-28-2008, 01:16 PM
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Default In today's economy, with reference to collecting, I am ...

Posted By: Cat

I've made the decision to sell off some easier to find cards (mostly non-vintage), and a couple duplicates or cards that don't fit my collection. Some cards I will take a loss on, but I would rather sell the easy to find items at a loss than the hard to find items for a gain. Similar to the stock market, in times like these, you will come out ahead by selling the dogs for a loss than the winners for a gain, since the winners will have tremendous upside in the future.

I'll take the proceeds from the cards and put it in a mutual fund. I believe that 20 years from now the stock market will be right where it would have been anyway, without the sub-prime/financial/automaker meltdown, so this has essentially provided a buy-in opportunity.

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