Quote:
Originally Posted by 1952boyntoncollector
no idea..but you are saying from Rosen fine ..if you bought 3 1952 PSA 4 mantles, that wouldnt of outplayed the market in 40 years..
basically 99 percent of cards would not have outgained the market in 40 years with 5,000 dollars...... most of us dont have 40 years...he does..
plus they are tied together..if the market tanks....i imagine cards do as well or a large portion
i have met collectors with all of their savings into cards and nothing in traditional investments, i wouldnt assume anything
Its ok for risk i get it..but 99 percent versus 1 percent.....is a different story
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Mantles from the Rosen find graded 8 to 10 and that was 33 years ago. 40 years ago Mantles were 375 in vg-ex and they certainly have performed well against the market. The 99% that haven't outgained the market are called commons and minor stars. Pretty much any name HOF RC or Superstar card has. 1933 Goudey Ruths were 55-65. The stock market average was 844 in 1979 to 26184 this year. That is an increase of 31 times.
No one knows what the future is going to be for stocks, collectibles or other investments. I agree it is good to have a diversified portfolio. At this point 5k for some one 50+ years from retirement shouldn't be a big deal.