Cards = Investments

[cyseymour]

I would say cards are investments, certainly. If there weren't resale value, I think far fewer people would be interested, we can say that for sure. It would be like collecting paperclips.

Now whether they are good investments depends on the card. No one really knows what will rise in value, it all seems based upon the whims of collectors. Prices even vary so much just by the auction.

Cards should continue to appreciate in value, and especially so as the stock market continues to rise. Still, I think you pretty much have to enjoy the ownership of the cards as the first priority.

[EvilKing00]

interesting to hear some responces, , like i said i dont do it for investment - for example I bought a shair in the green bay packers last year. no resale value, as they cant be sold AND im not even a packer fan, im a giant fan, BUT i just thought it would be so cool for my son to own a piece of an NFL team. (or any team for that matter, this is the only one possable)

[sb1]

Where's Barry when you need him?

[barrysloate]

Originally Posted by sb1

Where's Barry when you need him?

I'm out Scott...people can correct their own darn spelling!

[dzolot]

Originally Posted by EvilKing00

interesting to hear some responces, , like i said i dont do it for investment - for example I bought a shair in the green bay packers last year. no resale value, as they cant be sold AND im not even a packer fan, im a giant fan, BUT i just thought it would be so cool for my son to own a piece of an NFL team. (or any team for that matter, this is the only one possable)

MSG is publicly traded and they own the Knicks and rangers.

[Jlighter]

Originally Posted by dzolot

MSG is publicly traded and they own the Knicks and rangers.

As is Manchester United.

[EvilKing00]

Originally Posted by dzolot

MSG is publicly traded and they own the Knicks and rangers.

although u can own shairs in MSG you dont own the team directly, you own the company that owns many other things, knicks, rangers, TV stations, properties, ETC - The packers i believe are the only team owned by the public, that is in the US. As far as Manchester United - im only talking about the USA

A few others - that do but not really IMPT "major league sports" listed here http://en.wikipedia.org/wiki/Categor...orts_companies

[Fred]

I don't look at the card board as an investment. I see it as a hobby. I think that's what it was when I first started collecting about 40 years ago. Some people could look at it as an investment.

Here's something to think about. If cards were truly an investment wouldn't the market be strong because of the 'quantative easing" that's going on? That's a lot of $$$ getting pumped into this economy and I don't see the card values sky rocketing with the extra amount of money being thrown into our economy. Do you think this stuff has topped out?

Honestly, I hope the price of cardboard hits the floor so that I can buy the stuff I like and not have to feel like I'm going to have buyers remorse because I bought a slabbed piece of cardboard.

[calvindog]

WTF is a "shair?"

[Fred]

I only read part of the post so I'm assuming that a "shair" must be a measure of MSG (isn't that the Chinese food preservative that's not supposed to be good for us?)...

I just saw a post on page 3 I'd like to comment on. It was Bill making the observation that a lot of cards haven't really seen much appreciation since 2007 (something like that, Bill - If I misinterpreted this, I apologize). I have to agree with Bill because I really haven't seen much appreciation or card value rises (overall) for the hobby since about that time. Like I mentioned before, if there was supposed to be a great "appreciation" in asset value then I would think it would be occurring now with the QE-$$$ hitting the economy. I don't see it (thank goodness)....

[pcoz]

Originally Posted by calvindog

wtf is a "shair?"

+1 lol!

[Jlighter]

Originally Posted by Fred

Here's something to think about. If cards were truly an investment wouldn't the market be strong because of the 'quantative easing" that's going on? That's a lot of $$$ getting pumped into this economy and I don't see the card values sky rocketing with the extra amount of money being thrown into our economy. Do you think this stuff has topped out?
D

I myself have seen no positive correlation between current rounds of quantitative easing and consumer spending.