Originally Posted by
ramanujan
The transaction costs and risks are not worth investing real money in cards. Sure, a few thousand is fun, but not 6 figures. The reasons are pretty obvious.
You give up at least 10% in transaction costs right away
You have counterfeit risk (both the risk of getting counterfeit cards and the risk of counterfeits flooding the market)
Risk of getting ripped
The bubble bursts risk (Like what happened to Baseball cards, comic books, an beenie babies, among others)
Inability to move product risk (or haircut your gains if you move to much too fast)
Reprint risk (It is still there)
Power creep risk
Metagame shifts
Ban hammer risks/format support issues (what if legacy is no longer supported)
Mtg looses a lot of popularity risk
You are free to make your own choices, but sinking a fair chunk of a healthy retirement simply for the purpose of financial gain seems foolish to me. It is always easy to look back in time at what did well (like dual lands) and act like it is easy. It is far more difficult to judge what will be tomorrow's big thing. Which of the following strategies is stronger?
You could jump on duals because everyone states with certainty that they are safe.
Buy Modern staples based on the assumption that they won't be reprinted enough to reduce prices.
Jump on vintage cards, vintage decks used to be way more expensive than legacy, perhaps we will see Vintage rise again like when Starcitygames had power 9 tournaments a few short years ago.
Invest in PSA graded 9/10 cards from Unlimited and early expansions. The print runs were tiny and the cards were almost always played because no one understood the fundamentals we all take for granted today?
Again, it is your choice. I would rather buy dividend stocks and sell covered calls on them than any of the above options.
Peace
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