Quote:
Originally Posted by barrysloate
Scott- I was trying to find a balance between solely investing and the process of building a collection. For most collectors buying a Plank and/or Lajoie is either out of reach, or if affordable may be the only thing they can buy. If you want to buy just one card, put it in the safe deposit box, and move on I suppose that will work. But to buy a Plank and/or Lajoie as part of an active collection, one would need to have at least 100K or more to invest. How many on this board can afford to do this? Not too many. But anyone with even a modest budget can start building a collection.
It's a matter of philosphy. Do you want to put just the one card away, or do you want to actively build the portfolio over time? Either one will work.
|
I completely agree with you. What you suggest is exactly what all of us are doing. You can't really be a 'collector' if you only have one or two cards.
I thought you were responding to the original post and suggesting something altogether different for him to do with the amount of money he mentioned. If you drop his original constraints of card options, and also assume he has far less money, then that puts things back at square one, and I agree that no collector (by definition) will be putting all he has into one or two cards. Investing is something altogether different.