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leonI will have to respectfully disagree with those that say cards are not an investment. I think they are. One of the reasons they have done so well is that they are an investment that you can enjoy too. I don't buy cards "as" an investment but to not think of them as one is foolish, imo. I have only had resources to be in the stock market the last 12-13 years. I have been collecting cards, as an adult, for about 10 years. Want to guess which has performed better? Want to guess which has given me greater pleasure? I am NOT saying that cards should be your ONLY investment or be a major part of your asset portfolio (I am addicted and mine is, what can I say?) but to have them be a part of it is not a bad idea...again, just my opinion. For the record I get quite a few calls from folks that do a google search and find my personal website and collection and ask about buying something from it...which I politely answer "no" to almost every time. Each time I ask them how long they have been collecting they usually tell me a year or two. they usually say they collected as a kid and now as an adult want to collect pre-war stuff..I then point them to this forum and let them know they can interact with other collectors and have a lot of fun here. Last thing...my old story about Microsoft stock and my fave card. Back in about 1999-2000 I sold 300 shares of Microsoft at $71 ea. I put in another $5000 and bought my Four Base Hits Kelly (from a valued board member no less). I have about $26,500 into it...Microsoft is about $30 today...so that would be $9000 if I were to have kept it. I think the Four Base Hits is worth a little more than $14,500 today.....but had I not bought the card that is what I would have. I know this is isolated to one transaction but most rare, pre-war, baseball cards bought 8 years ago have done extremely well compared to the stock market in general. I have to mostly agree with the Dorskind Group, better known as "we", on this matter.....regards
08-31-2007, 08:58 AM
Baseball cards as an asset class
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