Will this stock market madness affect cards?

[Huysmans]

Originally Posted by Goudey77

Hank you must be from the pre war era. I don’t blame you for your philosophy. Stick to your beliefs and live your best life.

Martin, you sound like you were born five minutes ago, in the modern shiny junk era - which is fitting. I'm sure you don't even have a philosophy yet, how could you? Don't stick to any juvenile beliefs, because as you mature and get wiser, your views will undoubtedly change. This you'll learn. I'd add more youngster, but I'm getting tired and it's starting to get hard to see the monitor, plus your young mind is probably already drifting to video games, taking photos of your food, social media complaining/whining and learning the latest cool slang word to impress your "peeps"

[bbcard1]

It's interesting Gary Vee has been pushing baseball cards as an investment pretty hard. I am happy to report he's bullish on shiny and seems to care little about mid grade reward cards.

[sportscardpete]

I think baseball cards are just like any other collectible - you have rare items that will always have a bid and you have some "momentum" type cards that will lose a lot of money when the buying pool is trimmed. People that have big money into cards (for the most part) are usually not affected by wild market swings. The real issue will be the over-leveraged collections that need liquidity.

I also think we've been a bit lucky in terms of not seeing that many drawdowns over the years. They happen. You save some cash, deploy what you can, and the collection should grow over time. If you're using discretionary spending wisely any discount in cards should be well received.

[Nunzio11]

What market volatility? As of Jan 12th the PWCC 100 Index is up 290% since Jan 2008.

[Johnny630]

Who are the ones actually buying these cards at record numbers?

I’m not buying it, neither the cards or the whole premise, are you?

[Republicaninmass]

Who is selling stocks at record lows? Just doesnt make sense

[Shoeless Moe]

You need to watch the King of Queens episode where they buy the stock. The 1st day it goes up. They are excited. Next day goes down a little. Next day, down a little more. So they then panic and think we are going to lose it all, so they think better to sell now and get something. They sell, then it goes up. They buy back in.

Moral of the story is just let it sit there. But there are people out there who panic, or people close to retirement counting on it, but if you got 10-20-30 years til retirement, ignore it.

Hey I've stopped drinking Corona beer, I don't want to catch that virus.

[Hankphenom]

Originally Posted by Republicaninmass

Who is selling stocks at record lows? Just doesnt make sense

Wha? Eleven years ago the Dow was at 8,500, now it's 24,000.

[Goudey77]

Hi Brent, My words were of support and agreement of doing things with a personal perspective. I'm not about online bullying or pushing my beliefs onto others.

Thanks for the comment.

Martin.

Originally Posted by Huysmans

Martin, you sound like you were born five minutes ago, in the modern shiny junk era - which is fitting. I'm sure you don't even have a philosophy yet, how could you? Don't stick to any juvenile beliefs, because as you mature and get wiser, your views will undoubtedly change. This you'll learn. I'd add more youngster, but I'm getting tired and it's starting to get hard to see the monitor, plus your young mind is probably already drifting to video games, taking photos of your food, social media complaining/whining and learning the latest cool slang word to impress your "peeps"

[Touch'EmAll]

Thank goodness I have more than just stocks. I have baseball cards...whew! Diversify they say.

[todeen]

Originally Posted by 100backstroke

Thank goodness I have more than just stocks. I have baseball cards...whew! Diversify they say.

Lol

Sent from my SAMSUNG-SM-G930A using Tapatalk

[Johnny630]

Has Anyone Heard about the Status is this Years National due to the Coronavirus?

[ullmandds]

Originally Posted by Johnny630

Has Anyone Heard about the Status is this Years National due to the Coronavirus?

Highly unlikely you will be hearing anything about the national 5 months prior to the event.

[Exhibitman]

Coronavirus vs. traveling to AC is a push as far as I am concerned...