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TopicCollectibles are a terrible investment
Monopoman
09/11/20 4:41:21 PM
#19:


CarefreeDude posted...
They can recover. Your burned up comic collection won't. (Not saying you have one just using as an example)

My parents and beanie babies. I recall my mom spending more than 300 on one.

That said though I sold a Lego millennium falcon for over 5k. Then like a year later an updated version came out so it was still a bad idea I just got lucky

Beanie Babies, are a horrible example the problem with a good chunk of collectibles is they are flash in the pan shit. Beanie Babies were huge for like 7-8 years which is typical of a flash in the pan and temporary collectible, once the desire for them went out they crashed hard.

Meanwhile other collectibles have stood the test of time, old useful MTG cards have for the most part only gone up. Very old baseball cards of note have also for the most part only gone up. Very old and sought after comic books have for the most part only gone up. The problem is people get bought into hype on a hot new collectible or in baseball cards instance heavily investing in new baseball cards that were being flooded into the market and then they get burned once people stop caring.
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