Inventory vs Funds

[Zithy]

Other thread got me thinking. Funds are safe in bank or Paypal account, but not growing or doing anything for you. Inventory is nice because sales can provide nice profit, but either the prospect could tank or someone break into your house and steal everything. Or fire, flood or another natural disaster, I suppose.

Sure, it's late night rambling, but why not?

If you think the options should have been equal inventory vs equal funds, vote as if they were equal (or any other amounts you'd like to use) and post an explanation. Has to be one or the other, all your money tied up in inventory, or all in the bank.

 

[WoundedDuck]

I'll let you know when I have either

 

[rainmanesq]

Cash is always king. People almost always overvalue their inventory + think of it as profit when the reality is, it’s NOT cash until it’s sold...and by the time it IS sold, it usually does NOT get what they valued it @.

 

[KC37]

I suppose it might matter as to what makes up the 20K, but Jen is right. You can't pay a bill at a nice restaurant with 30 Gary Carter GU cards.

 

[J.O.]

i'd take the 20k in cards, sell immediately, and then have 20k in cash


if it were 20 K in cards and we're talking 3 pujols bgs 9 chrome autos ( about 10K) and about five ichiro ultimate autos, then i might take the cards. but if it were 20K in $50 and $100 cards, no chance

 

[HoustonTeams4Me]

Cash is always king. People almost always overvalue their inventory + think of it as profit when the reality is, it’s NOT cash until it’s sold...and by the time it IS sold, it usually does NOT get what they valued it @.

I voted with the $20K collection (SV) because the OP stated in the initial poll question that it is $20,000 (SV) sell value, not $20K "estimated" sv by the individual whom has the card's (& if that were stated in the original post then I would agree with what you wrote in your response on how "people almost always overvalue thier inventory" in this situation & I would have immediately chosen the 10K option with no debate)!
The reason I didn't think that choosing the 10K is the correct move is because $20K SV= $20,000 which is > $10,000 anyway you split it (even if you want to calculate/deduct selling fee's, the $20K SV is going to be more than the $10K... BUT if you're going to get techinal & "assume" that the $20K SV hasn't already deducted fee's/cost's then you might as well go ahead & deduct taxes & transfer fee's out of BOTH the $20K SV & the $10K....which seems like an awful lot of assuming to me :lol. Why not just go off of what the initial post gives us (that $20K SV will = $20,000 dollars & $10K straight up = $10,000 dollars)?
I'll take the $20K over $10K everyday of the week!