s14roller

At the end of the day, we need to make decisions on how much risk we can tolerate, and approach our purchases/investments that way. Can't swallow a stock market crash? Put less money in it. Will you think about jumping into a river if an AF15 crashes? Time to sell it off.

 

It is true, but I would add that you need to take into account that less than 3% of Americans approaching retirement age have greater than $50K in their retirement savings ( USA Today )...

 

This means that there are likely people on this site who have >$10k tied-up in comics and to them a comic bubble bust could be far more impactful to their "retirement" than the stock market.

 

We often make the mistake of assuming that people are appropriately planning for the future or that they buy comics with disposable income post maximizing savings when the reality is that the opposite is true far more often.

 

Food for thought.

Really fair point, Speed. I would say if there are people that have decided to use discretionary spending on comics and decided that it would be their retirement, they would indeed be in trouble. Not because of the value per se, but because of how they have planned their financial futures (to your point). If so, the impact to their "retirement" is less so because of the downfall of comic values, but rather, because of their lack of financial planning. We buy comics because we love them, and sure, the value growth is a nice plus, but by no means should anyone be buying strictly comics for investment/retirement purposes. If you want to diversify your portfolio and part of that means fine art or other collectables, fine, but if someone has everything tied into one thing, I would seriously advise them to re-consider.

Totally understand...and if the global economy goes down in flames, honestly, there will be bigger things to worry about than the value of collections. I'd assume between your retirement fund and anything else that has value and tied to the economy, those would all take a larger hit in absolute dollars that the value loss in comics.

Everyone has their opinion, and I'm sure to some degree it's all valid. We can all speculate and make arguments, but at the end of the day, even the most intelligent people in the world can't predict this. I often talk to one of my best friend's who is an economist, finance professor, Harvard/MIT educated, and he looks me dead in the eye and often says he has no idea about the answers to these topics that people discuss.

The supply side is higher than the top 2 books, but this book is at least somewhat obtainable. The other 2 books might as well not exist for collectors...

 

So the people who have a lot of money are not collectors...sorry I mean TRUE collectors?

Of course they are. I'm saying it's not exactly fair game comparing AF15 to the other two. Most well to do people may be able to afford a nice copy of AF15, not sure that can be said about an Action 1 or Tec27 in comparable grade or even a lower grade.

The supply side is higher than the top 2 books, but this book is at least somewhat obtainable. The other 2 books might as well not exist for collectors...

Just to provide definition to everyone :

 

A secular bear market is characterized by below average stock market returns as characterized by the S&P 500 for a long time, typically ten to twenty years. On the other hand, a cyclical bear market typically lasts from a few months to a year.

 

-bc

 

So which are we in?

That's the thing, depending on who you ask, some will say we are already in a secular bear market...

I think topics like this are interesting and worth discussing, but at the end of the day, we might as well be trying to time the market.

Remember folks, please PM me to allow me to save you from this crash before it happens.

Did it turn in 2008/2009?

Yeah, he should be looking at the top right.

 

(Yeah, yeah, I see the actions too....)

This is what comes to mind for me as well

Too risky getting sigs, can only buy pre-signed books!

Just wondering, is there a story behind the cockroach? or he just did it randomly?

Looks like he was trying to draw a spider

Really looking forward to this!

Nice copy!

I have the back cover scan for it, as Gator said 3 separate tears repaired on the back with tape.

 

Makes you wonder if the state of the back cover is the reason the book came back on the market so fast. Or maybe a year isn't that fast for a copy of AF 15 these days!

 

Who knows could be one of those deals where the owner felt he could live with it but kept waking up to "Tape,Tape, Tape.." in the middle of the night.

I'm sure the new slab and QC is taking up more time, and while I wish it would be faster, I certainly understand and prefer if there is a delay as they try to get it perfect.

No back cover pics?

Beauty! Congrats!

I'm back in the club.

 

 

I have seen that ''MK'' written on a few other AF15's wonder who wrote that? Congrats on your AF15!!

 

Michael Kors when he was young.

 

And who would that be exactly?

, I assume it was a joke, but Michael Kors is a fashion designer.

ASM3...

Wow, good box.

Did you make sure to check the address? It should be to my place!

Definitely want to add this book!

And there you have it!