Quote:
Originally Posted by mark evans
I still question whether the aggregate interest and purchasing power of we 'aging' (to be charitable) baby boomers (I'm 67) with regard to vintage cards will be completely replaced by the next generation. Maybe so: we collect old-timers we never saw play so why shouldn't today's youngsters collect Mickey Mantle? On the other hand, there are many other diversions today that the millenials grew up with that lay claim to their disposable dollar.
Also, I've wondered for some time whether we might be headed for a (modest?) economic downturn generally that could impact uses of disposable income and thus the value of collectibles. Since I was a poor economics student in college and never fully understood it, however, feel free to ignore this point.
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There likely is a enough people born in the 80s though likely collected baseball cards and they are in their 30s-40s. Lots of things may have lesser value in 50 years but thats not for here nor there at this time. Also when there is down in a any market, nobody usually sees it coming. Its silly when people say in 30 years, or in 20 years etc. Its not like 1 year before that 20 or 30 years is over everyone than goes, SELL NOW. Can revisit the aging issue in 30 years. Go and wait 30 years to buy card you want or a mongolian egg if you are concerned.
People buy things in life for today, they dont worry about 50 years from now, heck people buy things today they cant even afford. There are also a lot of mid lifers that spend a lot of money on very young girls to date in the hope of pursing a relationship. That relationship likely wont work, but they spend the money anyway. It not like everyone at the same time is just going to spend money with the future value of 30 years from now in mind when most dont even care about tomorrow. Thats human nature
11-25-2016, 08:29 PM
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