Best $10,000 investment card - Net54baseball.com Forums

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12-25-2024, 09:51 PM

Balticfox

V@idotas J0nynas

Join Date: Jan 2023

Location: Toronto

Posts: 1,190

Quote:

Originally Posted by smrtn240

One card only. What card would all of you invest in for $10,000 for the long run.

Don't. Just don't. Cards fail the test of liquidity. Therefore the spread between the bid and the ask is so great that you'll be behind the eight ball from the get go.

Moreover there's no growth in income/dividends from the card so you're relying entirely on an increase in demand for the card. Meanwhile the demographics for any kind of increase in demand is bad because the baby boomers who fueled the growth in demand for cards over the last few decades are retiring and even dying.

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