Hobby Resilience - Long Term

[Yoda]

I agree, and it is all too clear to me that buying and flipping high value modern stuff, particularly basketball, is not for the faint of heart.

[Johnny630]

I’ve been saying for the past several years I thought higher end vintage and mostly all lower end would slow down or pull back a little bit in pricing. I have been wrong the whole way, I don’t see any of this stopping its Up Up and Away.

[Hankphenom]

Originally Posted by Johnny630

I’ve been saying for the past several years I thought higher end vintage and mostly all lower end would slow down or pull back a little bit in pricing. I have been wrong the whole way, I don’t see any of this stopping its Up Up and Away.

It's looking more and more to me that this is going to be a bumpy year for the economy, and especially for the markets. That might at least lower the altitudes reached by our stuff temporarily, but those dampers never seem to last long.

[jchcollins]

My investments are with my financial guy, and come with a lot of quarterly statements that have a lot of fine print. My cards might turn out to be investments, but they are first and foremost for fun, for ridding myself of those "work-a-day cares" as Mr. Burdick put it so long ago. I will agree with the modern market sentiment that cards I thought I overpaid for 3-5 years ago now seem like bargains (many I sold for decent profit) - and the ones I kept - well, I'm planning on keeping for a good long while.

I don't know if postwar stars remain as viable long term if there are more of them than say, T206 HOF'ers - but if not, so be it. I'd love to fill in some gaps in my 70's and 60's set efforts and various other postwar star wants at half price or less from today's mayhem.