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Invest4thefuture
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- Aug 17, 2008
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Would it work at all? Granted that the manager was experienced and had a good track record.
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Those are pretty huge increases.GAbballplayer148 said:I think it could work, depending on the goals of the investment group. If 7/10 people who invested are looking to make a 300% profit every year I think that is a little unrealistic, and would make the idea implausible. However, if there was a group with realistic (125-150%) yearly increase I think it could succeed.
Topnotchsy said:Those are pretty huge increases.GAbballplayer148 said:I think it could work, depending on the goals of the investment group. If 7/10 people who invested are looking to make a 300% profit every year I think that is a little unrealistic, and would make the idea implausible. However, if there was a group with realistic (125-150%) yearly increase I think it could succeed.
Buynhisellnlow said:The real issue would be liquidity and volume. Doesn't matter how good someone is - there is a vast difference between obtaining the appropriate volume of and liquidating stocks, commodities, options or bonds and doing the same with cards. There are cards of players that I'd invest several thousand more into at current market prices but they just aren't available in the open market to be had at this time.
GAbballplayer148 said:Topnotchsy said:Those are pretty huge increases.GAbballplayer148 said:I think it could work, depending on the goals of the investment group. If 7/10 people who invested are looking to make a 300% profit every year I think that is a little unrealistic, and would make the idea implausible. However, if there was a group with realistic (125-150%) yearly increase I think it could succeed.
125-150? I've averaged 170% over the past 3 years, so I don't think it is too unrealistic. I also havent really hit on Heyward, Stanton, or any of the 5-700% return guys, so its really just been buying at the right time, selling at the right time, grading certain cards, etc.
Edit: When I use the term 125-150%, that includes making back my initial investment, so 25-50% are probably the numbers you are looking for.
Buynhisellnlow said:The real issue would be liquidity and volume. Doesn't matter how good someone is - there is a vast difference between obtaining the appropriate volume of and liquidating stocks, commodities, options or bonds and doing the same with cards. There are cards of players that I'd invest several thousand more into at current market prices but they just aren't available in the open market to be had at this time.
GAbballplayer148 said:Topnotchsy said:Those are pretty huge increases.GAbballplayer148 said:I think it could work, depending on the goals of the investment group. If 7/10 people who invested are looking to make a 300% profit every year I think that is a little unrealistic, and would make the idea implausible. However, if there was a group with realistic (125-150%) yearly increase I think it could succeed.
125-150? I've averaged 170% over the past 3 years, so I don't think it is too unrealistic. I also havent really hit on Heyward, Stanton, or any of the 5-700% return guys, so its really just been buying at the right time, selling at the right time, grading certain cards, etc.
Edit: When I use the term 125-150%, that includes making back my initial investment, so 25-50% are probably the numbers you are looking for.
GAbballplayer148 said:Topnotchsy said:Those are pretty huge increases.GAbballplayer148 said:I think it could work, depending on the goals of the investment group. If 7/10 people who invested are looking to make a 300% profit every year I think that is a little unrealistic, and would make the idea implausible. However, if there was a group with realistic (125-150%) yearly increase I think it could succeed.
125-150? I've averaged 170% over the past 3 years, so I don't think it is too unrealistic. I also havent really hit on Heyward, Stanton, or any of the 5-700% return guys, so its really just been buying at the right time, selling at the right time, grading certain cards, etc.
Edit: When I use the term 125-150%, that includes making back my initial investment, so 25-50% are probably the numbers you are looking for.
Drew said:If a group invested heavily into a few prospects couldn't they, in a way, corner the market? If the group starts with a small time prospect and buys up alot of his refractors, xfractors, and blue refractors, wouldn't that group have control over the market? They could then set their price for a certain card, and if there's not many left out there, the collector would then have to buy from you for that price or not have the card.
Does that make sense? Could that be applied to prospecting? Or am I just feeling the effects of a Friday morning ?
Mudcatsfan said:I think a huge problem would be agreeing on decision maker.
Any prospector worth his salt thinks he knows better than the next guy.
Would i put 100 bucks in for fun? Maybe.
Would i put a serious amount in based on someone else's decision making, heck no.
ALL_THE_HYPE said:Mudcatsfan said:I think a huge problem would be agreeing on decision maker.
Any prospector worth his salt thinks he knows better than the next guy.
Would i put 100 bucks in for fun? Maybe.
Would i put a serious amount in based on someone else's decision making, heck no.
Exactly. I actually like the idea of a group of people investing in a big card (say splitting the price and then the profit on a superfractor three ways) and have actually done this successfully before, but I'd much rather have control over my 100 bucks and what it goes toward purchasing.