savings account vs the hobby!

[vthobby]

Good points. the collectibles field has so much intrinsic value that a savings account or stock does not have. All fields have risk but what a ride!

I've never bought items that I think will increase in value. I buy what I like and over the years this has done quite well as a solid "investment" if you will.

Stocks are a roller coaster. Savings account is like a dull book. Collectibles are "life" changing entities!

Love it!

Peace, Mike

P.S. Unless you bought AAPL when it was $2 or so!!!!! UGH!!!!!!!!

[Leon]

Cards have been pretty good financially (so far) for me. They are a lot more fun than a CD or savings account. Buy things others (as well as yourself) will want and you don't have to worry about selling when that time comes.

ps...I should add, don't buy cards if you have cc debt, no cash in the bank, or buy on credit card without being able to pay off when the bill comes.

Cards from the mid 1980's to present are like penny stocks "Junk" Getting in on the ground floor back in 1950's thru the 1970's , acquiring cards from prior years and or just saving the right star and HOF cards have turned into a nice return today

[nebboy]

((((((ps...I should add, don't buy cards if you have cc debt, no cash in the bank, or buy on credit card without being able to pay off when the bill comes.)))))))

Well said - cards may be a way to supplement your income but as a lone investment it is short sighted on many levels. Learning to handle money and make it work for you is the best gift you can give to yourself and family.

[bnorth]

With 640 cards in the set I am trying to do the T210 set at $25(max) each for the commons and have reprints of the Stengel and Jackson cards.

It is hard to find beater commons that cheap but it is all my savings account will allow.

[JoeDfan]

What is this "savings account" thing you are all speaking of? If I had one, would I have to buy less cards?