Will this stock market madness affect cards?

[Rich Klein]

Originally Posted by packs

I don't know what an aggressive 401K looks like. If you owned anything you took a huge hit. But it only matters if you don't have time to recover. Anyone looking to retire this year is probably rethinking that. Anyone who planned to cash out their accounts won't have enough time to recover before they need the money.

In many 401K's you have the option of how you want to put your money. Back in the day at Beckett we had something like 10 options from something akin to low risk/low reward investments to ultra aggressive investments. And many options in between. You had the choice of where to put your money in terms of percent. I will still say, if you are approaching retirement age and have a large sum in the 401K to pull back from being aggressive and go to basically stable places to put your money. if you went conservative and are in your early 60's you still have last money this month but not nearly as much as being uber aggressive.

Rich

[painthistorian]

We should stop dealing with China as they are a threat to our security unless they change how they are to us and the world, we don't need them if we make crap here or in a friendly country......we should respect one another and maybe this was a true wake up call that will make all people appreciate how lucky we are....We need a strong America and a Compassionate America but not a stupid America...we need to build products, build infrastructure, we need everyone to buy baseball cards, a game WE INVENTED!

and most of all, we need gratitude & faith.

[conor912]

Originally Posted by painthistorian

We should stop dealing with China as they are a threat to our security unless they change how they are to us and the world, we don't need them if we make crap here or in a friendly country......we should respect one another and maybe this was a true wake up call that will make all people appreciate how lucky we are....We need a strong America and a Compassionate America but not a stupid America...we need to build products, build infrastructure, we need everyone to buy baseball cards, a game WE INVENTED!

and most of all, we need gratitude & faith.

Good luck convincing Americans to pay $4k for an iPhone because it’s “made in the USA”.

[Dpeck100]

This is the most important card in the market.


https://www.ebay.com/itm/40215721526...p2471758.m4704


Cruising to new highs with time to go.


I will openly admit the stock and bond route has gone much deeper than I could have imagined but some how I continue to see very strong card prices.

As tough as it might seem to stay bullish I am reminded daily that there is tremendous demand for trading cards.

[ullmandds]

Sorry not sure if I’m believing that that price will result in a real sale?

[Dpeck100]

Originally Posted by ullmandds

Sorry not sure if I’m believing that that price will result in a real sale?

The card is selling strong in all grades.

eBay competed auctions are remaining very strong across all genres.

I get it everyone is waiting for the shoe to drop but so far after a historic route in stock and bond prices it hasn’t happened.

[Shoeless Moe]

but if this decline continues.......get it on ice

[Tyruscobb]

Originally Posted by Dpeck100

The card is selling strong in all grades.

eBay competed auctions are remaining very strong across all genres.

I get it everyone is waiting for the shoe to drop but so far after a historic route in stock and bond prices it hasn’t happened.

We are only in the first inning. The virus and layoffs are only getting started. Unfortunately, they are no where near peaking. Some economists and health officials estimate that will not occur until July. You can tout short-term auction prices and result all you want.

I’m not worried about an auction result currently going on right now. Let’s see what happens down the road. Revisit this issue in 6 months. Just like those 4 senators that were telling Americans everything would be fine a few weeks ago, while they liquidated their portfolios.