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#1
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I don't know why anyone would take their money out of the market. Now is the time to buy.
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#2
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I much rather be card poor and stock rich then card rich and stock poor. It’s all a fairytale |
#3
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I agree with all your sentiments. But please understand that for the most part Net54 members represent the old school perspective in cards and life in general.
Everything that is happening with the modern card market is counterintuitive to traditional investments. It's a new generation. Actually several generations removed from Net54 members in some cases ![]() Just roll with it and enjoy the viewing party. Last edited by Goudey77; 03-03-2020 at 02:40 PM. |
#4
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I disagree. We are trying to deal with a non-economic root problem here using economic remedies. Too many unknowns to jump in just yet. Better off waiting until the virus wanes a bit then slowly work back in. Don't be a hero trying to pick the bottom, better off losing 10% on the upside getting in a bit later than to lose 50% more on the down side.
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#5
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Timing the market is largely a myth. It's a fool's errand for 99 percent of the people who try it. If you've got the expendable cash, buy now. If you've got money in the market, let it ride. I think you'll find that opinion being the predominant one from any financial adviser. Pulling your money will only mean you reap no benefit when the market turns (which it inevitably will). And in almost every scenario you'll be buying new stocks with old money at higher costs than what you previously owned. Which means you end up spending more money to own less stock. Last edited by packs; 03-03-2020 at 02:26 PM. |
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![]() and yes, I do think it effects card prices, at least somewhat.
__________________
Leon Luckey Last edited by Leon; 03-07-2020 at 09:37 AM. |
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...then everyone should sell now at the relative top of the market and put every dollar into the best old baseball cards and memorabilia they can find. Disclaimer: I am probably the worst investment advisor on the planet, never owned a stock or bond, always preferred to have cash and other things I could see and touch. I have also never lost a minute's sleep over it and lived quite comfortably.
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#9
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Hank you must be from the pre war era. I don’t blame you for your philosophy. Stick to your beliefs and live your best life.
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#10
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Which war? I've lived through far too many of them. Born in April '46, leading edge Boomer. Dad was discharged from the Army Air Corps at the end of WWII, you do the math. Thanks, Martin, and all good wishes to you, too. I've just always done what I felt was right for me and those in my circle, no philosophy, really. Not long ago I mentioned at a party that I'd never owned a cell phone and had a young guy literally implore me not to go there. I realize most people can't do without one, and it's not like I'm anti-tech, I love things like FB and Net54, I just don't want them around and beckoning to me everywhere I go.
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#12
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Man, was I wrong. Prices are strong.
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