Babe Ruth Investment?

[rats60]

Originally Posted by 1952boyntoncollector

no idea..but you are saying from Rosen fine ..if you bought 3 1952 PSA 4 mantles, that wouldnt of outplayed the market in 40 years..

basically 99 percent of cards would not have outgained the market in 40 years with 5,000 dollars...... most of us dont have 40 years...he does..

plus they are tied together..if the market tanks....i imagine cards do as well or a large portion


i have met collectors with all of their savings into cards and nothing in traditional investments, i wouldnt assume anything

Its ok for risk i get it..but 99 percent versus 1 percent.....is a different story

Mantles from the Rosen find graded 8 to 10 and that was 33 years ago. 40 years ago Mantles were 375 in vg-ex and they certainly have performed well against the market. The 99% that haven't outgained the market are called commons and minor stars. Pretty much any name HOF RC or Superstar card has. 1933 Goudey Ruths were 55-65. The stock market average was 844 in 1979 to 26184 this year. That is an increase of 31 times.

No one knows what the future is going to be for stocks, collectibles or other investments. I agree it is good to have a diversified portfolio. At this point 5k for some one 50+ years from retirement shouldn't be a big deal.

[1952boyntoncollector]

Originally Posted by rats60

Mantles from the Rosen find graded 8 to 10 and that was 33 years ago. 40 years ago Mantles were 375 in vg-ex and they certainly have performed well against the market. The 99% that haven't outgained the market are called commons and minor stars. Pretty much any name HOF RC or Superstar card has. 1933 Goudey Ruths were 55-65. The stock market average was 844 in 1979 to 26184 this year. That is an increase of 31 times.

No one knows what the future is going to be for stocks, collectibles or other investments. I agree it is good to have a diversified portfolio. At this point 5k for some one 50+ years from retirement shouldn't be a big deal.

There are dividends collected and reinvested on the stocks though, not the cards...you are making far more than 31 times..and again if the market tanks so do the cards..

on 10,000 in 1979 on an index dow fund you would have far more than 31x, you would have over 600,000.. so thats 60x.. correct me if im wrong

buying a PSA 5-6 1933 goudey ruth with 10,0000 and getting into the market for 35 years on an index fund. ill take my chances on the stock being $500,000 versus the ruth from this point on..

1928 Harrington's

[rats60]

Originally Posted by 1952boyntoncollector

There are dividends collected and reinvested on the stocks though, not the cards...you are making far more than 31 times..and again if the market tanks so do the cards..

on 10,000 in 1979 on an index dow fund you would have far more than 31x, you would have over 600,000.. so thats 60x.. correct me if im wrong

buying a PSA 5-6 1933 goudey ruth with 10,0000 and getting into the market for 35 years on an index fund. ill take my chances on the stock being $500,000 versus the ruth from this point on..

I really don't know where you got the 600k from, but I hope you realize that the Ruths would be worth in excess of a million dollars. You would have received a much higher return if you had invested in higher grade cards.

[1952boyntoncollector]

Originally Posted by rats60

I really don't know where you got the 600k from, but I hope you realize that the Ruths would be worth in excess of a million dollars. You would have received a much higher return if you had invested in higher grade cards.

There were several articles about that. There are websites as well, its well known that if you have 10,000 in an index dow fund 40 years ago and reinvested dividends you would have 600,000 now..it sure would exceed 300,000 with the dividends reinvested....if you did it in the 1940s..it would be more than a million as well...

I didnt say all cards wouldnt outperform the market..i said 99% of cards wouldnt exceed...the OP then said 10,000, 40 years ago if you go by the price of the market would go up 30x., i corrected as its more in the 60x range when include dividends reinvested...

also in the 1970s, there were no graded cards...everyone thought their card was mint...centered cards werent that big of a deal either..so yeah your 'mint' card that is offcenter wouldnt be a psa 9 now etc...

so cant just assume you would get the best example of the card when going by what standards people cared about then.....

[steve B]

Originally Posted by rats60

1933 Goudey Ruths were 55-65.

If they were, I'd probably have one. They were usually 100 unless they were really bad or really nice. The shop near me as far as I can recall didn't get any really bad ones. (late 77 through mid 81 I was there almost every week, often multiple days- it was on the way home from school.)