Fun Poll: What % of Net worth in SportsCards and Memorabilia

[Gorditadogg]

As a retired finance professional, I remember the disclosure that went on all our presentations: "Past performance is not a predictor of future results".

Right now we can all feel good that our cards are worth more, but it seems to me that with most investments today, including cards, there is an attitude of easy money, which is dangerous. People are buying stuff just because they see it going up without regard for underlying fundamentals, in many cases without even understanding them.

I would not advise anyone to have 30% of their assets in anything. When you have your net worth tied up in things that appeal to only a small part of the market the risks are even higher than with a mainstream investment.

I've said this before, but one thing I like about the card market today is the prices have pried a lot of nice cards out of old card collectors' hands. I am still buying because of that, but I am concerned about whether in the long term cards will continue to appreciate.

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