ibritton
Collector in Training
Posts: 47
My Collection
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- Posted: July 15, 2010 10:13:55 pm
scaldwell1982 said: I think you are winning as long as you purchase a comic book and enjoy the story and art. This is the true pay off. If you are looking to make money, time is probably best spent elsewhere. Like selling drugs. Running kids in the slave trade. applying for corporate bail outs.
Hmm apparently there are some diversifications to my portfolio that I overlooked. Thank!
By the way does anybody have any kids?
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weinreich
Wise Beyond the Years
lifetime member Location: Denmark
Posts: 1225
My Collection
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Spa-fon
Wise Beyond the Years
lifetime member Location: Tampa Bay Florida
Posts: 3780
My Collection
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scaldwell1982
Collector in Training
Location: Terre Haute, IN
Posts: 11
My Collection
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ibritton
Collector in Training
Posts: 47
My Collection
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- Posted: July 16, 2010 12:11:26 pm
- So it looks like we are pretty much in agreement spa-fon comic books=fun 1st investment 2nd.
As for me comparing investing in comic books to playing the lottery; I wasn't being clear, I was refering to buying a comic at newsstand price and assuming you'd get a big return. Most modern comics are not going to show a profit so I must assume that most of your profit is based off of silver and golden age comics you purchased in that 20 year period.
Lastly comic book shops don't operate with investment in mind they general work off short term speculation and quick turn around or "flipping" of a book they bought cheaply generally from someone who does not know the market as well or has to make money quick. Chuck Rozanski sold 99% of the Edgar Church collection in 5 years. He could have made more money if he held on to the collection but then he wouldn't have had a comic book store for very long.
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hodapprp
Collector in Training
lifetime member
Posts: 3
My Collection
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- Posted: September 22, 2010 3:51:54 pm
- What I've tended to do (outside of some of my higher dollar silver age gems) over the past ten years is periodically look for a whole slew of random first appearance comics in the $5 - 20 range (typically 5 - 10). By doing so, over time I've picked up first appearances of characters like Gambit, Deadpool, Jason Todd, Rhodey, etc. for some pretty cheap prices. I'm not planning to get rich, but I'd be lying if I told you that I didn't get a grin on my face when I see those books go up to $40, $60, $80, $100, etc. It's a fun way to play the thrill of the chase without breaking the bank!
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