1952 Topps set question?

[Gorditadogg]

Originally Posted by rats60

Investment definition:the action or process of investing money for profit or material result.



There is no requirement that your investment potentially earns income. Do your stocks pay a dividend if the company loses money? If your rental property generates more expenses than rental income, you are doing worse than investing in a non-income generating asset. Baseball cards are an investment.



To the OP, start with the big HOFers, Mantle, Robinson and Mays then move on to the other high number HOFers, the low HOFers and high number commons. Do the low number commons last.

That's a very general definition, basically buying something with the intent to make a profit. That definition covers a lot of other things that are not investments, though. You can buy a lottery ticket or bet on a ball game, with the intent to win and make a profit, but that doesn't make those things investments.

And as you point out, you can make bad investments and lose money. Some investments are relatively safe, like bank CDs, while others are riskier.

The baseline question the OP asks is whether he should buy certain graded baseball cards as an asset for his heirs. If you want to speculate in cards, that's fine. You can do what you want with your own money. But if you think it's a good way to build wealth to pass on to your kids, that's misguided.

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