I’m a baseball card collector - not investor. I don’t really worry about whether my purchases appreciate or depreciate. The reason is I never sell, other than when I upgrade a card, and will die with my cards. I’ll let my heirs deal with the profit/loss aspect.
I focus on collector grades and great looking cards just below it. The current spike has moved me to the sidelines. I’m having a very difficult time finding reasonable deals. Although I don’t worry about the investing repercussions, I do want to stretch my dollars so that I can increase my purchase quantities.
Although I hate not buying, I’m still earmarking cash for future purchases. I’ll sit back and continue letting my war chest grow. Hopefully, the market will return to a reasonable level, and I can return to knocking off cards on my want list.
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