View Single Post
  #17  
Old 02-22-2021, 10:01 AM
dealme's Avatar
dealme dealme is offline
Mark
Member
 
Join Date: Jul 2012
Location: Indiana
Posts: 158
Default

Quote:
Originally Posted by rats60 View Post
I agree that all the printing of money has caused prices to rise. I noticed prices on modern cards taking off when stimulus checks hit and now some of that is flowing into vintage. Also, people not being able to spend money in recreational areas frees up money for cards. If you didn't spend money on season tickets or vacations, why not put it in cards. It has also created a volatile stock market and people are looking to diversify into other investments like cards. There are plenty of influencers who got in at floor levels that are really pushing cards as investments.
I think this is really a good point. While many people have been been greatly impacted financially by the pandemic (or more accurately the response to it), many others have not. Those that have not been negatively affected by the situation likely have disposable income that in the past was spent on tickets, vacations, etc. Some of that disposable income is now being spent on cards. Plus, at least with some of the higher dollar examples, it would seem that cards are now a trendy place to park ones investment dollar.
Reply With Quote