Will this stock market madness affect cards?

[Dpeck100]

Originally Posted by Shoeless Moe

Vince McMahon WWE?

He is just talking smack.

Thankfully the wrestling card market is incredibly strong so far through this. Shockingly strong.

WWE is in tough shape with Wrestlemania being canceled in Tampa and being forced to be taped with no audience.

[Shoeless Moe]

Originally Posted by Dpeck100

He is just talking smack.

Thankfully the wrestling card market is incredibly strong so far through this. Shockingly strong.

WWE is in tough shape with Wrestlemania being canceled in Tampa and being forced to be taped with no audience.

That is going to be very odd. I think they should postpone until Fall.

That's one sport where the performers feed off the fans.

[Dpeck100]

Originally Posted by Shoeless Moe

That is going to be very odd. I think they should postpone until Fall.

That's one sport where the performers feed off the fans.

I have tuned in briefly to the shows the past few weeks with no fans and it is almost unwatchable. I think it is a cash flow issue where they literately have no choice.

People are dying for some entertainment hence the explosion of Tiger King so they will get viewers but my expectations are low. I pay the $9.99 a month for the Network and barely use it so I can tune in for no additional cost. They are selling the rights through other platforms but I find it hard to believe it will be a hot ticket.

Maybe they will be very creative and it will be a pleasant surprise.

[ullmandds]

i happened to see some of that WWE last night...with noone there...it was bizarre to see the wrestlers hamming it up...with noone there!!!!! It's been decades since I've watched wrestling...it will likely be decades more before I watch again!!!

[Leon]

Well, one little thread off the tracks isn't that bad. Keep it clean....

[Shoeless Moe]

The best wrestling these days is watching YouTube Documentaries.

So many good ones out there about the good old days of wrestling and their personal lives, seems like each wrestler had quite the interesting ride, and not many make it out of their 40's.


Also, on Vice TV the Series "Dark Side of the Ring" is tremendous.

[Dpeck100]

Originally Posted by Shoeless Moe

The best wrestling these days is watching YouTube Documentaries.

So many good ones out there about the good old days of wrestling and their personal lives, seems like each wrestler had quite the interesting ride, and not many make it out of their 40's.


Also, on Vice TV the Series "Dark Side of the Ring" is tremendous.

For the most part I just watch Youtube to get my fix.

The Dark Side of the Ring is great. I watched everyone last year and tuned in to the Benoit and New Jack episodes for this season. New Jack was nuts. He wrestled in Orlando for the local promotion I go see a few years before I got involved and that dude is just nuts.

[Dpeck100]

Originally Posted by ullmandds

i happened to see some of that WWE last night...with noone there...it was bizarre to see the wrestlers hamming it up...with noone there!!!!! It's been decades since I've watched wrestling...it will likely be decades more before I watch again!!!

Just watch this about then times in a row and you will be good. Haha

Brody was amazing.

https://www.youtube.com/watch?v=Hqb7nihtp38


Hulk Vs. Andre never gets old.


https://www.youtube.com/watch?v=nnUj9XhWVl0


It is amazing there was a stock market crash in 87 and because my parents didn't own stocks it was like nothing happened. Every penny I earned from mowing yards went to the 87 baseball cards. A year and a half later the market was at new highs. Incredible the obstacles this country has been through.

[Mark17]

Originally Posted by Dpeck100

It is amazing there was a stock market crash in 87 and because my parents didn't own stocks it was like nothing happened. Every penny I earned from mowing yards went to the 87 baseball cards. A year and a half later the market was at new highs. Incredible the obstacles this country has been through.

Your 1987 cards probably plummeted far worse than the stock market.

It's really tough to know what to do, financially. Everyone thought gold and other precious metals were the best hedge in a national crisis, but they are down now, too. Silver dropped from 18.00 an ounce to below 12.00 (briefly.)

I've always believed in quality, single family rental homes, but you need a cash set-aside, for stretches where the renters can't pay the rent, and unexpected maintenance.

And once this crisis is over, I'll be making a habit of getting a few extra bottles of shampoo, bars of soap, toothpaste, and yes, TP when I do my general shopping, to build up a nice supply.

As to cards..... they aren't a necessity, unlike rental property (people need to live somewhere,) so I think prices will come down a bit but not bottom out. Some will sell for liquidity concerns, but many will not be too impacted by the crisis and will feel little pressure to sell.

[Dpeck100]

Originally Posted by Mark17

Your 1987 cards probably plummeted far worse than the stock market.

It's really tough to know what to do, financially. Everyone thought gold and other precious metals were the best hedge in a national crisis, but they are down now, too. Silver dropped from 18.00 an ounce to below 12.00 (briefly.)

I've always believed in quality, single family rental homes, but you need a cash set-aside, for stretches where the renters can't pay the rent, and unexpected maintenance.

And once this crisis is over, I'll be making a habit of getting a few extra bottles of shampoo, bars of soap, toothpaste, and yes, TP when I do my general shopping, to build up a nice supply.

As to cards..... they aren't a necessity, unlike rental property (people need to live somewhere,) so I think prices will come down a bit but not bottom out. Some will sell for liquidity concerns, but many will not be too impacted by the crisis and will feel little pressure to sell.

I don't recall. I never felt like when I was chasing cards in 87 they got any cheaper heading into 88. Maybe they did and I just don't recall because my thirst for cards never waned.


My buddy Gregg just sold his signed 83 Inoki for $2,100 direct today. I know the buyer and his job is safe. The real issue is job security. Those that have it are going to be more willing to keep spending and those that don't won't. I had my best commission month in 25 months in March and my production was the highest in the first three months of the year in my 16 year career. With asset values down the next three months will be much lower but we shall see how things play out. That said a lot of people who are impacted in the service industry for example were never in a position to buy cards or make an impact in the hobby.

The length of the shutdown is what everything hinges on. Time will tell.

The big money cards are generally bought by people who have deep enough pockets where there will be no issue what so ever. I do think the very low end could be impacted if this lasts much longer as their discretionary income is quite vulnerable.

Longer term when the economy recovers the addiction known as collecting trading cards will be as strong as ever.