Best Investment card?
Overrated
Posts: 454 ✭✭
What else! the 52 topps mantle, what do you think?
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Overrated
Posts: 454 ✭✭
Comments
-- Yogi Berra
<< <i>realestate >>
Not in my area at the moment. Just sold our rental - had to come off our asking price $25,000. Hard to complain about the price overall. Way more than we paid for it when we bought it. Actually feeling good about the price - lots & lots of properties on the market here. Was a seller's market for five years or so. Now a buyer's market - realtors are very very nervous. I'm sure there are a few ants among the grasshoppers that saved away for this day, but many of them are in for lean times if they lived high on the hog while the boom was going.
Geordie
Dodgers collection scans | Brett Butler registry | 1978 Dodgers - straight 9s, homie
according to my values and my needs. Nothing holds dominion over me, I stand alone as the ruler of my life.
But, the 52T #311, Mantle - PSA 10 has done well in the past.
I remember back in the early 90s Beckett ran an article how a guy who was in the music business in NYC bought one of the PSA 10s for around 100 grand and there was a comment that this was crazy.
For a guy with the funds, he would go bananas if he could pick it up for that kind of money!
mike
Very kinky and tasteful at the same time
Julen
RIP GURU
~ms
Now most modern stuff, I would say good luck with that. I'm not knocking modern cards, they are lots of fun to collect. But in terms of making a good investment, not so sure about that.
Jeff
your heroes for ghosts?
Soccer cards
<< <i>A good looking girl.. a website.. and a webcam.
this guy knows stuff.
2004 Tommie Harris SPX Printing Plate (White Whale will pay top $$$)
1994 SP Football Die Cuts PSA 10s
<< <i>I would invest in glass butt plugs.
Very kinky and tasteful at the same time
Julen >>
C'mon man that is so yesterday, you know everything is plastic now!
ALWAYS Looking for Chris Sabo cards!
I bought several one year ago and now they are selling for around 3-4x what I paid. Huge increase in demand lately. Small sets and great looking cards. Easy for set collectors.
Oscar Wilde
Collect for the love of the hobby, the beauty of the coins, and enjoy the ride.
Clothes make the man. Naked people have little or no influence on society.
However, stocks listed on the major exchanges have instant liquidity...and their value can be determined by a variety of factors (p/e ratio, etc) that have nothing to do with supply/demand .
<< <i>Cards and collectables are not "investments" because there is no inherent worth in any card. You can only sell it if you find a buyer willing to pay. Cards are mainly valued by supply and demand...its more speculation than a true investment.
However, stocks listed on the major exchanges have instant liquidity...and their value can be determined by a variety of factors (p/e ratio, etc) that have nothing to do with supply/demand . >>
Definition of investment...
"An asset or item that is purchased with the hope that it will generate income or appreciate in the future. In an economic sense, an investment is the purchase of goods that are not consumed today but are used in the future to create wealth. In finance, an investment is a monetary asset purchased with the idea that the asset will provide income in the future or appreciate and be sold at a higher price. "
Also, speculation plays a HUGE role in the value of stocks!
your heroes for ghosts?
<< <i>Cards and collectables are not "investments" because there is no inherent worth in any card. You can only sell it if you find a buyer willing to pay. Cards are mainly valued by supply and demand...its more speculation than a true investment.
However, stocks listed on the major exchanges have instant liquidity...and their value can be determined by a variety of factors (p/e ratio, etc) that have nothing to do with supply/demand . >>
I agree.
Stock, bonds, mutual funds, real estate etc. are for investment of funds and the divident is earnings while sports cards, collectibles etc. are for investment of time and funds and the dividend is enjoyment IMO.
mike
<< <i>
<< <i>Cards and collectables are not "investments" because there is no inherent worth in any card. You can only sell it if you find a buyer willing to pay. Cards are mainly valued by supply and demand...its more speculation than a true investment.
However, stocks listed on the major exchanges have instant liquidity...and their value can be determined by a variety of factors (p/e ratio, etc) that have nothing to do with supply/demand . >>
Definition of investment...
"An asset or item that is purchased with the hope that it will generate income or appreciate in the future. In an economic sense, an investment is the purchase of goods that are not consumed today but are used in the future to create wealth. In finance, an investment is a monetary asset purchased with the idea that the asset will provide income in the future or appreciate and be sold at a higher price. "
Also, speculation plays a HUGE role in the value of stocks! >>
Bicem
I don't know much about the market but my understanding is that the value of the stock is based on how many people plunk down money for that particular entity.
A "Speculation" will play a role in the value of a stock but if the stock is highly rated, there is NO speculation but rather an expectation of performance and a fair dividend.
To me speculation is gambling - there's way less gambling with blue chip investments - but if you're talking about low rated stocks and a gamble - sure - speculation is playing a big role in temporarily pumping up the value of that stock but if the stock doesn't PERFORM, people will bolt and the stock will plummet.
IMO:
Speculation vs. investment - I think speculation is an attempt to take a little money and make a lot. Whereas, an investment is an effort to prevent a lot of money from becoming a little amount.
There are way different EXPECTATIONS with respect to wise investing and speculation.
So, all and all IMO, putting money in cards is speculating and not a wise investment - in a general sense.
mike
<< <i>I would say the same principal works with the us dollar(currency) The dollar is only worth something because the government says it is. Same principal basically as buyer/seller. Since the Us is no longer on the gold standard the only value the dollar has is what the Us government says it is worth. >>
TB
Or a corrollary:
What the "people" say it's worth in a sense of trust and faith in the economy?
mike
The people will have more say on what goods or services the dollar buys, How much "stuff" can they get for a dollar. Supply/demand
Please lets not get into Economics, I thought I was through with that stuff.
There are a group of "speculators" which does not connote taking a risk on shaky stocks that may hit the high note and provide a big dividend in a short period of time. Like a tech stock e.g.
This kind of speculator is someone that seeks to buy and sell in order to take advantage of market price fluctuations. As opposed to an investor who is someone who holds on to securities that provide a good income or capital gain by virtue of them being based on something of real and increasing value.
These type of dudes trade my the minute! They live and die by whats going on each and every minute in the stock exchange.
To me these are like on-line poker players.
mike
<< <i>What the "people" say it's worth in a sense of trust and faith in the economy?
The people will have more say on what goods or services the dollar buys, How much "stuff" can they get for a dollar. Supply/demand
Please lets not get into Economics, I thought I was through with that stuff. >>
That's why the money says: "In God We Trust"