What will have more value in ten years? Stocks? Coins? Baseball cards? Bitcoin?
braddick
Posts: 24,233 ✭✭✭✭✭
Say you have $500,000. To invest today. You have 30 days to purchase and use that total amount. In ten years, will coins be worth more than selected (graded?) baseball cards? Will cards be worth more than stocks? Bitcoin?
I'd start a poll, yet I think it would be more interesting to state why you believe what you do.
peacockcoins
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Do these coins have CAC stickers?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
In just two posts, CAC was mentioned!
Speedy, Perry!
Bitcoin. With or without a sticker.
Select stocks. I think Bitcoin will be dead in 10 years (I know I am in the minority view), and most mainstream collectibles haven’t been able to keep up with inflation historically.
I’d invest it in this company https://www.prologis.com/
Because they are the future of how the supply chain problems will be managed. You heard it here first!
Mr_Spud
Hard to answer without knowing upfront which select stocks, coins and cards are to be compared. 20/20 hindsight doesn't count.
Fair point. Excluding outliers, I think index funds will out perform, on average, collectibles and Bitcoin.
I was only half kidding but without knowing which coins were being selected, how can you answer this question? The same can be said for a stock portfolio. Perhaps an index fund that follows the S&P 500 would be a good choice for any comparison.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
This.
You can also compound stock value while the others cannot be compounded.
I have no crystal ball, but I'll put my mouth where my money is...
Besides my house, 95 percent of my wealth is in indexed US equities.
Balanced Portfolio of S&P stocks (small, mid' and large) should provide the best overall return somewhere about 10 years from now. And somewhere about 10 years from then, I would suspect that bundle would still be soundly beating the alternatives.
Like @moursund , who I don't tend to agree with too much it seems
, I also practice that. Well over 90% of my "cash and equivalent's" (which includes my collectables, PM's and the like) is in equities.
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242
With the way things are going, pelts.
Great transactions with oih82w8, JasonGaming, Moose1913.
probably the Stock Market and Solar Energy might be a good way to go.
Let's see how well we agree:
Picard
Dogs
Football
Pepperoni, mushroom, black olive
Cider
West Coast
Cream and sugar
Calvin and Hobbes
Britbox
Stocks and bonds. 😇
Put in $SPY and forget about for however long you can afford to.
BHNC #248 … 130 and counting.
I'd buy a load of near melt value gold and silver coins. I expect the dollar to be worth much less in 10 years(Perhaps totally worthless
)
@moursund
Well, at least you got the pizza, the coast and the comic right ... and maybe the spectator sport too, as long as we are talking College FB!
But sugar? In coffee??! Sacrilege!!
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242
The S&P 500 will blow them all way. Maybe.
Dave
Yeah, I mostly like the NFL...
I guess we'll just have to agree that all your taste is in your mouth 😜
The stock market annual return usually is between 7% to 10%. Let's assume 7%, in 10 years, your money will be doubled. I am not sure about coins.
i would say if you bought a stock market index fund, a coin index fund and a card index fund then no doubt stocks and bitcoin would be the winners with bitcoin leading the pack.
Do you mean value or do you mean value after returning to cash? I'd expect extremely low to no transaction costs for stock, low for bitcoin, and high for cards and coins. Everything else being equal, I'd choose stocks.
I'm sticking with VOO, GEVO, DPLS and Tom Brady rookie cards.
Baseball cards will have collapsed by then.
Cryptocurrencies will have collapsed, been taxed out of existence, or been outlawed by then.
Stocks are currently overpriced and may not perform very well. Stocks whose valuations are based on sizzle and not fundamentals will do especially badly, just as the dot-com stocks of twenty or so years ago did.
I like real estate. It also puts a roof over your head and keeps you warm and dry.
CASH
No debt, no worries.
Give me cash
Time to learn a skill
I can arbitrage cash all year long
Cash for the rest of my days, because_ there are some hard times coming._
When they are touting shadowy Bitcoin and its sister options on Sirius radio... Seriously?
You are astute numismatic mavens and have seen values swell on common items?
Can't find employees to work for $18 an hour?
Afraid to sell your house because you make too much money and can't buy a replacement?
Time to sell... raise cash
BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out
Diversification
Stocks
Coins
Crypto
Cash
Stocks
Chicken stock. Or bullion.
Stocks... Because you have unlimited management options and better tax shelter potential.
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what about Rabbits, they taste like Chicken??
Rabbits prefer Warren Buffett, who prefers stock.
I suspect Elmer Fudd to chime in right about now...
Seriously... this is far to speculative as there are no boundaries on what can be bought or sold within a sector that was identified so there really is no viable method of a straight comparison as to which sector would outperform the others.
Pork bellies... I've got a feeling about Pork bellies.
Experience the World through Numismatics...it's more than you can imagine.
I’ve got enough life insurance to take of final etc. Leave everyone a nice little stash. My collection is my collection. What they do with it after is on them. My hope is that more than what seems popular now I will have taught my kids how to judge a good value in real time. They don’t need today’s info as much as they will need to interpret the proper direction in the future.
Right now they can experiment with their own investments. 🤨
🎶 shout shout, let it all out 🎶
Real Estate and gold.... JMO.... Cheers, RickO
Agree that your home is a good investment since you aren't paying rent somewhere else and you can build equity. Other than your home that you can live in, other real estate investments require maintenance and up-keep. Also, the government knows about it and makes you pay taxes on it. Also, they can confiscate it if they decide they want to build a highway or a shopping center.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
What, sneakers and vintage video games are not on the list? Surely plastic/rubber-based shoes are the key the financial freedom than gold or silver.
And why will baseball cards collapse and not coins?
You're basically arguing that nothing is worth buying.
Even if everything went down, something will outperform the others.
I made no statement in this post about coins.
Finding things that are worth buying is going to difficult.
If I was guessing I'd 100% go with bitcoin.
That said, I would never put a significant % of my assets in that asset class. Securities for me.
Over a lengthy period of time it's almost assured that coins, baseball cards, and precious metals will be at the bottom as far as returns.
Obviously nobody knows.
I was given the advice once to put 10% of my investments in bullion and pray like crazy that it goes down in value.
Personally, I'm using a wide variety of mutual fund classes for the bulk of my retirement planning. Beyond that, I dabble in coins to have fun and possibly recoup a part of what I put in. I'm also building an opportunity fund to participate in the next real estate downturn. It might take a decade, but that's OK.
Crypto will be regulated and taxed at some point. Politicians won't be able to help themselves. At that point its attractiveness drops quite a bit.
In ten years, something tells me we will look back with fondness at the current gold price.
I used to catch rattlesnakes on the road coming home on my motorcycle from night shift working underground at a copper mine in AZ, and they taste like crab when cooked in butter. Has absolutely nothing to do with the OP post, but neither does chicken stock posted by @moursund
I vote gold and silver coins, but I have been wrong so far, so don't rely on me for investment advice
My US Mint Commemorative Medal Set
Crypto it is then ;~
This is where diversity is actually a strength. Put 1/5th into each category based upon know appreciation potentials for each category. The same coins will appreciate as have in the past. The same type stocks will appreciate as have in the past. Either bitcoin or precious metals will appreciate, so gotta hedge either one of them. And finally: Real Estate like farm land is not on the original list, but it is guaranteed to appreciate over the time frame given. As they just aren't making any more of it.
Nothing is worth buying unless you are dealing and can turn it over quickly. Real Estate, coins, cards, stocks...
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Stocks would be the safest bet with at least one Bitcoin. But would diversify including bullion, land, and a few nice coins.
When are you sending me the money?
Are you sirius?
Young Numismatist • My Toned Coins
Life is roadblocks. Don't let nothing stop you, 'cause we ain't stopping. - DJ Khaled
Ever hear of dividends, rents, tax advantages, and market appreciation? There's no need to turn over anything to realize those benefits.
So you're in the "No Inflation" camp, then. Ok.