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#2
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Card collecting is like real estate. The "good stuff" will weather the storm, high quality rare cards, popular pre-war sets, etc. will hold their value through a downturn. You might pay 8k for a Ruth that went for 15k at the top but it's still a Ruth. And the downturn is coming, anybody who lived through the 70's knows this. You can't overstimulate the economy without inflation. And once inflation sets in it's a painful beast to beat. Smart people know this, politicians ignore this to get re-elected.
I try to think 30 years ahead after I'm dead when my kids open 3 suitcases of cards with Al Crisafulli's kids and they all say "Jesus, he put together a nice collection". Just before they auction it off to use that resource to live their dream. |
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