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eddly

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Posts posted by eddly

  1. 33 minutes ago, VintageComics said:

    No, it was obvious leading up to 2007-08 to anyone who didn't listen to headlines or get sucked into the massive bubble that was forming. We even had a thread about it started by a boardie before the crash.

    I had a close friend who was telling me it was going to happen from about 2004-2005 onward and that it was going to happen soon.

    When it finally happened in 2008 everything he outlined happened.

    The problem is that most people had rose colored glasses or (like me) just couldn't believe that the status quo could change and that major institutions would either make blatantly poor decisions or even go under.

    Thankfully, I listened to him.

    There were others out there that saw it coming but they were heckled because

    • a) it didn't fit the public narrative
    • b) there was lots of money to be lost if it was true
    • c) there was lots of illegal stuff going on if it was true

    I remember there being quite a few housing crash threads prior to 2008. Here is one I started back in 2005 (aman619 even posted in this thread):

     

  2. Back in 2009 I purchased an Incredible Hulk 181 CGC 9.4 for ~$2850. I mentioned it to a few people where I worked at the time (as part of a conversation of investments we were having) and they were clearly bewildered. As time progressed they really couldn't get over it and it continued as a joke for them.

    Unfortunately I sold it long ago, but I'm just curious, do you think graded comics are becoming more respected as an investment over the past 15 years outside of the comic collecting community? Especially interested in hearing feedback from dealers, have your customers changed much over time?

    If you meet with a financial advisor I'm guessing they are still not recommending you to have 10% of your portfolio in graded comics...