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Old 11-16-2005, 06:07 PM
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Default Comparing the CME/MERC with Cardboard trading

Posted By: scott brockelman

vintage baseball cards are VERY liquid, thanks in part to Ebay and the BST thread on this board you can sell a card within 24 hours to 7 days, and with paypal be paid instantly, as good or better than the settlement period on most any exchange traded item, stocks, bonds, contracts, ETF's, mutual funds, etc.

for years i tried to rationalize the cards all the while feeding my brokerage accounts, while also buying high dollar cards. 10 years later i have a 7 figure investment portfolio AND also have a 7 figure card collection that acutally had far better returns than the market. Now, was i in the right place at the right time? yes, i had opportunity and took it, it paid off. can it be done now? perhaps not as easily.

but back to your contention of illiquidity, each time i have decided to sell something, either 5 figure or 5 bucks i have been able to, quickly and easily with out fire selling any of it.

scott

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