Justifying a Big Purchase

[boneheadandrube]

A couple posters have mentioned avoiding "escoteric" cards. I'd love for that to be more clearly defined, what cards are considered escoteric by the posters who only think about "Ruth,Cobb,Wagner..."?

[packs]

Originally Posted by boneheadandrube

A couple posters have mentioned avoiding "escoteric" cards. I'd love for that to be more clearly defined, what cards are considered escoteric by the posters who only think about "Ruth,Cobb,Wagner..."?

An esoteric card is a card that has a very limited audience. Here are some examples:

Jimmy Claxton ZeeNut
Ten Million Obak
That Uncle Sam card in the T209 set
"Rare" Old Judge team cards

All of these cards are valuable and they all have their buyers. But those buyers are never going to outnumber the buyers for a green Cobb T206, which you'll never have any trouble selling.

You might have to wait for the right buyer in other circumstances, which makes it harder to get your money out when you need it back.

[oldjudge]

The bottom line is that no one can predict the future. If you have enough cash to live for six months in your current lifestyle and you feel your job would be secure, even in a harsher than predicted recession, then I would consider the purchase. Otherwise, I would pass and work to add to my savings.