A question about the current market

[phikappapsi]

My take on this hobby is that it's not an investment - do it for fun, buy what you enjoy, and spend what you feel comfortable owning something for.

that said - if I were to approach it like investing, this would be one of those things where dollar cost averaging makes a WHOLE LOT OF SENSE.

Buy consistently; over a long enough period of time, and what you overpaid for in a bubble will be more than made up for by what you got a "bargain" on in all other periods.

[Farm_kid]

I like the tone of Joe H and sreader3's posts in tandem! Both reinforce the notion that collecting is supposed to be fun and enjoyable, not totally stressful and regretful. My one caveat though is that part of the fun is the "chase", "hunt", "journey" or whatever you want to call it.

[T206Collector]

Originally Posted by phikappapsi

Buy consistently; over a long enough period of time, and what you overpaid for in a bubble will be more than made up for by what you got a "bargain" on in all other periods.

+1

Every time I find myself regretting the SGC 60 T206 Red Cobb I sold for a few thousand dollars before they started skyrocketing, I look over at all the signed T206 cards I paid a couple of hundred dollars for for 12 years ago. Though I love watching the values, I don't really treat my cards like an actual investment. I just collect what I love.

[Exhibitman]

Well you can blend the two. I have cards I really enjoy and cards I have because I thought they were undervalued when I bought them. The cards I really enjoy will be sold when the prices really, really become stupid. The latter are always available for whatever. In the meantime, I just enjoy them all.

Bottom line is that it is all just 'stuff', and it is always for sale at the right price. If someone comes along and offers me life-altering money for my collection I will not only sell it, I will help him load his car. I will then start collecting all over again!