Quote:
Originally Posted by Zach Wheat
Funny, Doug. I am sure a lot of us feel the same way about taking a hit on retirement accounts. Taking retirement dollars and investing in cards is known as the Leon strategy. However, I don't think I will ever have the knowledge he & others have about cards.
I think the original question has many facets to it. As previous posters said, it really depends upon what cards you have as well as what you are going to invest in. I feel most high grade HOF'ers and other high end cards are a great "investment" right now and will do well in the long run. Commons and other cards, I am not as sure about. Conversely, there are other traditional investments I wouldn't dare to plunk a dollar in to in today's market. Interesting question.
Zach Wheat
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Maybe we can get Leon to start the first vintage baseball card ETF. We can all just pool our retirement savings into it and let him invest our money in vintage cards. He could post scans in the pickup threads so we can keep an eye on our portfolios. Sounds like it would be more fun (and probably more profitable right now) than regular mutual funds.