vintage cards recession proof?

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Posted By: Frank Wakefield

Some investors move their investing dollars clear of stocks and bonds in a recession (we're not in one, nowhere close, months to go if it does happen), and move money toward other areas. Real estate, art, metals... Some folks will buy baseball cards and label it investing, but that is a really poor investment, for reasons I've previously stated. Still, some money will go toward cards.

Some folks who've bought cards on credit cards, or are somewhat in debt, might sell cards to dig their way out of debt a bit. So I'd think some cards will surface, offered for sale.

My belief is that cards will just about hold their own for the time being. Neither significantly up, nor down.

About 8 months from now, if we have gone into a recession, which I doubt will happen, then fewer folks will have disposable income, there won't be as many dollars out there chasing cards, the price of some cards would drop a bit. But that is months away if it happens at all.