Collecting During a Time of Inflation 4 4

[tth2]

On 3/5/2022 at 2:33 AM, shadroch said:

In the 70s, banks only wanted to lend money to people who didn't need it. If Citibank gave you a loan, they were locking in a relationship with you for the next twenty years.  In the 90s, the idea was to make the loan and quickly sell it to another bank, locking in a small profit but reducing the risk to nil.

This is a very good point.

[adamstrange]

On 3/4/2022 at 1:47 PM, Robot Man said:

It is amazing how cheap a pretty driver Camaro muscle car is now compared to comics. I jumped in on one plus a nice side shift Indian last year.

Sweet!

I always wanted the sister model from Pontiac circa '76.  Though I doubt I will own one.

[tth2]

On 3/5/2022 at 1:56 AM, adamstrange said:

It's also possible that the tax value of donating comics to charity provides a better overall return than selling them.

The newly formed TTH2 Charitable Trust stands ready to receive donations from the Adamstrange collection!  

Edited March 5, 2022 by tth2

[adamstrange]

On 3/5/2022 at 12:14 AM, tth2 said:

The newly formed TTH2 Charitable Trust stands ready to receive donations from the Adamstrange collection! 

A package of Photo Cover Westerns is on it's way. 

[tth2]

On 3/5/2022 at 1:16 PM, adamstrange said:

On 3/5/2022 at 1:14 PM, tth2 said:

The newly formed TTH2 Charitable Trust stands ready to receive donations from the Adamstrange collection! 

A package of Photo Cover Westerns is on it's way. 

How is deducting $0 from your taxes going to help?

[buttock]

On 3/4/2022 at 10:18 PM, tth2 said:

How is deducting $0 from your taxes going to help?

He can write off the postage & you get stuck with the books. 

[adamstrange]

On 3/5/2022 at 12:18 AM, tth2 said:

On 3/5/2022 at 12:16 AM, adamstrange said:

On 3/5/2022 at 12:14 AM, tth2 said:

The newly formed TTH2 Charitable Trust stands ready to receive donations from the Adamstrange collection! 

A package of Photo Cover Westerns is on it's way. 

How is deducting $0 from your taxes going to help?

If I had any, I would be very offended. 

[Robot Man]

On 3/4/2022 at 9:11 PM, adamstrange said:

Sweet!

I always wanted the sister model from Pontiac circa '76.  Though I doubt I will own one.

How much do you want one?

I’ll speak to many here in their language. How about “diversiving your portfolio”. Sell a few of those high grade comics that you can live without and buy one?

A ‘76 Firebird like that could be bought for lunch money compared to most of the Promise books. And SO much more fun!

[Colin The Librarian]

With hindsight it's now clear that inflation in collectibles was the canary in the coalmine for generalised inflation.

As life's essentials now experience similar inflationary pressure I would expect the collectables market to slow down/go into reverse measured by disposal income. You can't eat comics.

At some point it will become a buyer's market once again. These things are cyclical.

Let's live by Warren Buffet's credo - when people are greedy, get cautious. And when people are cautious, get greedy.

[adamstrange]

On 3/5/2022 at 10:42 AM, Robot Man said:

How about “diversiving your portfolio”.

I would need garage space to properly store such diversified goods.  Until then, I'll have to get by with just my comics. 

[MrBedrock]

On 3/5/2022 at 12:18 AM, adamstrange said:

On 3/4/2022 at 11:18 PM, tth2 said:

On 3/4/2022 at 11:16 PM, adamstrange said:

On 3/4/2022 at 11:14 PM, tth2 said:

The newly formed TTH2 Charitable Trust stands ready to receive donations from the Adamstrange collection! 

A package of Photo Cover Westerns is on it's way. 

How is deducting $0 from your taxes going to help?

If I had any, I would be very offended. 

 

[GreatCaesarsGhost]

On 3/5/2022 at 2:59 PM, MrBedrock said:

 

[Courageous Cat]

Inflation....massive understatment. But I'm prepared to eat whats left of my comics if need be 

[adamstrange]

On 3/5/2022 at 3:59 PM, MrBedrock said:

 

A Western, a Romance and a Photo cover.  I believe this is one of the signs of the Apocolypse. 

[PDGray]

Loved Victor Borge - but have never seen that clip.

 

PDG

[adamstrange]

On 3/5/2022 at 4:40 PM, PDGray said:

Loved Victor Borge - but have never seen that clip.

 

PDG

My father was a huuuuuge fan of his.  I grew up listening to that routine and the equally brilliant Phonetic punctuation.

[MrBedrock]

On 3/5/2022 at 3:04 PM, GreatCaesarsGhost said:

On 3/5/2022 at 2:59 PM, MrBedrock said:

 

Expand  

I have the rest of the run to go with it - all raw in high grade. Would you want those too?

[adamstrange]

On 3/5/2022 at 5:15 PM, MrBedrock said:

I have the rest of the run to go with it - all raw in high grade. 

You are willing to admit that, in public! 

[GreatCaesarsGhost]

On 3/5/2022 at 4:15 PM, MrBedrock said:

I have the rest of the run to go with it - all raw in high grade. Would you want those too?

Yes, if you throw in the Mystics

[MrBedrock]

On 3/5/2022 at 4:44 PM, GreatCaesarsGhost said:

On 3/5/2022 at 4:15 PM, MrBedrock said:

I have the rest of the run to go with it - all raw in high grade. Would you want those too?

Yes, if you throw in the Mystics

I can probably round up a few fortune tellers for you.