What card would you arrange financing to buy?

[Schwertfeger1007]

It's not THAT different than buying a home to me. Borrowing money to buy an asset that could appreciate and should at least hold it's value is very different than spending said money on something like a vacation ect. If things get tough you can usually sell the card you purchased to pay back all/most of the loan right?

[raulus]

Originally Posted by Schwertfeger1007

It's not THAT different than buying a home to me. Borrowing money to buy an asset that could appreciate and should at least hold it's value is very different than spending said money on something like a vacation ect. If things get tough you can usually sell the card you purchased to pay back all/most of the loan right?

I think most of us don't like the idea of being forced to sell our cards, for any reason.

And there's always the theoretical possibility, although it's never happened in real life in the history of the world, that your card might decline in value, in which case you can't actually pay off the loan by selling your card now.

[G1911]

Originally Posted by raulus

And there's always the theoretical possibility, although it's never happened in real life in the history of the world, that your card might decline in value

Never ever. Though the roof and to the moon, inexorably and forever upward, exponential gains. GaryVee told me so. #invest kings

[Peter_Spaeth]

Originally Posted by G1911

Never ever. Though the roof and to the moon, inexorably and forever upward, exponential gains. GaryVee told me so. #invest kings

The weird thing about Vee was if I recall right he was touting some pretty inconsequential cards along with the usual suspects.

[G1911]

Originally Posted by Peter_Spaeth

The weird thing about Vee was if I recall right he was touting some pretty inconsequential cards along with the usual suspects.

He's a shill at least part of the time on the Topps payroll, and a grifter. It worked for him though. He has a bigger audience than anyone else in card land does, his outreach audience is massive. Hype certain cards, ride his own hype train, sell off before they inevitably falter because the demand is a manipulated short-term train he made up.

[Peter_Spaeth]

Originally Posted by G1911

He's a shill at least part of the time on the Topps payroll, and a grifter. It worked for him though. He has a bigger audience than anyone else in card land does, his outreach audience is massive. Hype certain cards, ride his own hype train, sell off before they inevitably falter because the demand is a manipulated short-term train he made up.

You would think that wouldn't work twice.

[G1911]

Originally Posted by Peter_Spaeth

You would think that wouldn't work twice.

You'd think, but people are really stupid and willing to make poor gambles when people they see as successful tell them they can make money off X.