If you have 20k in cash and want to invest in one post-war card...

[notfast]

Originally Posted by maniac_73

Actually it sounds like an excellent response from someone with life experience that isn't swayed by what Gary Vee is telling people to buy this week,

Except the fact that buying 5 acres of land for $20k isn’t even remotely possible in easily 50% of the country. A quick google search shows that successful stories like this are extremely few and far between and more of an “old wives tale” than a reasonable source of income.

Not sure what Gary Vee has to do with anything though.

I’d love to go back 20-30 years and buy some vintage baseball cards. You could be very close to a millionaire if you kept the right cards until today...There’s not much else you could “invest” in that would give that type of return.

[todeen]

Originally Posted by notfast

Except the fact that buying 5 acres of land for $20k isn’t even remotely possible in easily 50% of the country. A quick google search shows that successful stories like this are extremely few and far between and more of an “old wives tale” than a reasonable source of income.



Not sure what Gary Vee has to do with anything though.



I’d love to go back 20-30 years and buy some vintage baseball cards. You could be very close to a millionaire if you kept the right cards until today...There’s not much else you could “invest” in that would give that type of return.

I do agree $20k for 5 acres seems highly under priced. In WA State, most rural areas have 10 acre minimums for subdivision. Thus 5 acres would be closer to a city, increasing the property value significantly.

However, regardless of price, the advice to invest in land that is usable is good advice in and of itself.

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[cardsagain74]

Originally Posted by notfast

Not sure what Gary Vee has to do with anything though.

That probably comes from the general views of the crowd that doesn't like talking heads like Gary Vee causing price increases and possible speculative bubbles.

It's as if the very shiny other side of that coin (it causing your own cards to go up in value and providing more liquidity for the market) doesn't even matter much.

Too easy to focus on just the negative sometimes, I guess

[maniac_73]

Originally Posted by notfast

Not sure what Gary Vee has to do with anything though.

Gary Vee has brought in the Day Trading and Gambling "Bros". Hypes up junk wax to his huge audience to raise the prices and then dumps the mass quantities he bought dirt cheap. The bubble bursts on that card and he starts the cycle over again with another card.

[FrankWakefield]

A gentleman once told me that as a kid in 1953 he was taken to a Yankees game. He had saved money to buy stuff. Outside Yankee Stadium, on his way in, he saw a vender had 1952 Topps cards for sale. He bought a pack, and found they were high number cards, cards he and his friends didn't know existed... Mantle was in that pack. He pulled out his saved money and bought the whole box. I mention this to get to something he told me. In the long run, he'd have more value had he saved the box and all of the wrappers, kept them nice and protected, and thrown away the cards....

I'm a bit of a dinosaur and a curmudgeon. But golly, the mass printed cards of the 80s and 90s sure deflated a bunch of would be kid card collectors. COVID isn't helping. We need young kids to care about the game, its history, and old cardboard so we can sell this stuff to someone else one day...

If I had $20k to spend on collectables and I didn't need the money for living expenses, bills, debts, or investments.... I'd try to buy a green white border Cobb, an Old Judge Delehanty, and a T210 Stengel. But I wouldn't call that investing.

[irishdenny]

*** W600 Mr Christy Mathewson! ***

Very Limited in Both Quantity & Availability ~

And When They Make His Movie Depicting His & Mr McGraw's
Completely Different Live together Family Life Styles,
Durin' Their Playing Days...

"It'll SkyRocket!!!"

You Jus Need to FiND One Now!