kav Posted March 9, 2015 Share Posted March 9, 2015 Something is very wrong with that pic of Alf and the seal.... Link to comment Share on other sites More sharing options...
Poe Posted March 9, 2015 Share Posted March 9, 2015 Something is very wrong with that pic of Alf and the seal.... You mean something very right. Link to comment Share on other sites More sharing options...
c_mkv Posted September 7, 2018 Share Posted September 7, 2018 Really hope the OP went with IH181 Link to comment Share on other sites More sharing options...
jason4 Posted September 7, 2018 Share Posted September 7, 2018 If you had 700 dollars would you buy a gsx1 or amazing Spider-Man 2? Or 700 copies of that Alf comic...my god what is that Link to comment Share on other sites More sharing options...
ADAMANTIUM Posted September 7, 2018 Share Posted September 7, 2018 5 minutes ago, jason4 said: If you had 700 dollars would you buy a gsx1 or amazing Spider-Man 2? Or 700 copies of that Alf comic...my god what is that Since this is now 2018, what grade of gsxm #1 do you think that you'll get? Link to comment Share on other sites More sharing options...
ADAMANTIUM Posted September 7, 2018 Share Posted September 7, 2018 (edited) Dang this thread is 35 pages long... Odd, but I did the same last year I bought 181 (although i already owned a lower grade) and this year the GSXM. I haven't noticed to much change in 7.0 and lower of the X-Men and that's what I own, but 8.5 and higher wahhooo Edited September 7, 2018 by ADAMANTIUM WolverineX 1 Link to comment Share on other sites More sharing options...
jason4 Posted September 8, 2018 Share Posted September 8, 2018 12 hours ago, ADAMANTIUM said: Since this is now 2018, what grade of gsxm #1 do you think that you'll get? Probably only a cgc 4.0. Spider-Man 2 would only be a 2.0ish. I won’t be buying until end of September so they better not go up Link to comment Share on other sites More sharing options...
the blob Posted September 8, 2018 Share Posted September 8, 2018 Put the $800 in an IRA In an index fund of large or mid cap stocks.In 30 years, depending on the market, you probably have $15-23k. Do you see any of these mid or low grade books being worth that much? Only in a world where a hamburger costs $75. With that said, I would be hesitant doing that right now as the current stock market is likely inflated. Same can be said of comics though. Link to comment Share on other sites More sharing options...
the blob Posted September 8, 2018 Share Posted September 8, 2018 Did not realize the original post was 3.5 years ago. Curious how the proposed purchases did vs. The stock market. My 401k has done pretty well, although I know nothing is forever. Link to comment Share on other sites More sharing options...
LordRahl Posted September 8, 2018 Share Posted September 8, 2018 3 hours ago, the blob said: Put the $800 in an IRA In an index fund of large or mid cap stocks.In 30 years, depending on the market, you probably have $15-23k. Do you see any of these mid or low grade books being worth that much? Only in a world where a hamburger costs $75. With that said, I would be hesitant doing that right now as the current stock market is likely inflated. Same can be said of comics though. Nonsense. In 2005 I had a 1 year contracting gig, when the contract was up I needed to do something with the 401K I had for the previous year so I rolled it over to a Vanguard IRA. Mid cap index fund. I opened the IRA with $10K. A couple years later during the crash that $10K was worth 4K. Now it’s at around 17K and I can guarantee you that it won’t be worth $200K in another 16 years, which it would need to be to hit your multiplier. Not to say that GSX 1 should be used as an investment but the numbers you (and others) throw around regarding the stock market are a pipe dream. Especially since there is another “correction” coming. Link to comment Share on other sites More sharing options...
the blob Posted September 8, 2018 Share Posted September 8, 2018 (edited) 2 hours ago, LordRahl said: Nonsense. In 2005 I had a 1 year contracting gig, when the contract was up I needed to do something with the 401K I had for the previous year so I rolled it over to a Vanguard IRA. Mid cap index fund. I opened the IRA with $10K. A couple years later during the crash that $10K was worth 4K. Now it’s at around 17K and I can guarantee you that it won’t be worth $200K in another 16 years, which it would need to be to hit your multiplier. Not to say that GSX 1 should be used as an investment but the numbers you (and others) throw around regarding the stock market are a pipe dream. Especially since there is another “correction” coming. My 401k has tripled since 2005 (I have not contributed since 2004). I have a boring mix of index funds. We are also talking about a 30 year horizon, not 13. The s&p 500 with dividend reinvestment has made 12% a year over the last 30 Give or take, or so I read. $23k would be using 12%. I think that is high going forward which is why I gave a $15-23k range. You can run scenarios on any free online investment calculator. The finance types on this board can probably lay it out better than I can. A doubling every 7 years, which is not nuts, gets you close to the $15k maybe $12-15k is a safer range. Sure, some comics have done better... If you had sunk $800 into the nicest AF 15 you could find 30 years ago you would probably have more than $23k. Are these books AF 15? Will we have a similar appreciation going forward. Edited September 8, 2018 by the blob Link to comment Share on other sites More sharing options...
the blob Posted September 8, 2018 Share Posted September 8, 2018 (edited) The S&p dropped 37% in 2008.i don't know how you lost 60% to get down to $4k especially after the market was up in 2006-7. The losses were gained back by the end of 2010. $10k invested in TBE s&p then should be $25-28k now. With that said, I don't disagree that there could be another correction. There always is. Blue chip Comics have orrections too, although they seem less frequent. I just don't see buying an already expensive common book as a great 30 year investment. Maybe I am wrong. I have been before. I told my parents to sell their Manhattan apartment in 1998 because I thought prices were nuts. It has nearly quadrupled since then. Edited September 8, 2018 by the blob Link to comment Share on other sites More sharing options...
the blob Posted September 8, 2018 Share Posted September 8, 2018 I ran an $800 investment in the s&p 500 in a historical investment calculator with dividend reinvestment and it comes out to $13618. That includes several stock market crashes. The Dave Ramsey calculator said returns have been 12%, I think that may be wrong, others have shown more like 10%, which is in line with doubling every 7. Of course, s&p 500 is only one index. So do you think a low grade hulk 181 will be worth $13k in 30 years? I dunno. WolverineX 1 Link to comment Share on other sites More sharing options...
the blob Posted September 8, 2018 Share Posted September 8, 2018 Sorry to beat a dead horse. I am in my mid 40s scared about retirement phase and I am constantly running calculations on these things and might be overdoing it. Link to comment Share on other sites More sharing options...
LordRahl Posted September 8, 2018 Share Posted September 8, 2018 58 minutes ago, the blob said: Sorry to beat a dead horse. I am in my mid 40s scared about retirement phase and I am constantly running calculations on these things and might be overdoing it. I’m not suggesting investing in comics. All I’m saying is the silly 20x in 30 years type numbers that people on this board throw out as what the stock market will return simply aren’t realistic. Your 401K has tripled since 2005. That was 14 years ago. Do you really think it will go another 15-17x in the next 16 years? That’s what it would need to do to reach your $800 invested now becoming $15-23K in 30 years. I get the anxiety over investing, I’m in a similar position as you. I don’t know the answer but I do know that stocks aren’t returning 20x your investment, at least not in my lifetime. I think using 80-90 year historic numbers isn’t realistic. Everything is very different now than it was in decades past, the room for growth that we saw just isn’t there. Link to comment Share on other sites More sharing options...
the blob Posted September 9, 2018 Share Posted September 9, 2018 (edited) 1 hour ago, LordRahl said: I’m not suggesting investing in comics. All I’m saying is the silly 20x in 30 years type numbers that people on this board throw out as what the stock market will return simply aren’t realistic. Your 401K has tripled since 2005. That was 14 years ago. Do you really think it will go another 15-17x in the next 16 years? That’s what it would need to do to reach your $800 invested now becoming $15-23K in 30 years. I get the anxiety over investing, I’m in a similar position as you. I don’t know the answer but I do know that stocks aren’t returning 20x your investment, at least not in my lifetime. I think using 80-90 year historic numbers isn’t realistic. Everything is very different now than it was in decades past, the room for growth that we saw just isn’t there. $15-23k was using 11-12%, which was wrong. 9-10% puts you in the $13ks. Gains do not get you there on average. Dividend reinvestment is critical and you get to do that best in a retirement account where you aren't paying taxes on the dividends while being reinvested. I don't know the OP's situation, and it was 3 years ago, but particularly If He is a young guy it is amazing how much stocking away some money now in a tax deferred (or free) account can grow in 30-40 years. Most people retiring now could have seven figures even with modest savings. If he has $800 he wants to grow into something real for when he is older I would be concerned with a comic. If you are taking care of yourself already and $800 is your fun investment, then sure. Edited September 9, 2018 by the blob Link to comment Share on other sites More sharing options...
oakman29 Posted September 9, 2018 Share Posted September 9, 2018 1 hour ago, LordRahl said: I’m not suggesting investing in comics. All I’m saying is the silly 20x in 30 years type numbers that people on this board throw out as what the stock market will return simply aren’t realistic. Your 401K has tripled since 2005. That was 14 years ago. Do you really think it will go another 15-17x in the next 16 years? That’s what it would need to do to reach your $800 invested now becoming $15-23K in 30 years. I get the anxiety over investing, I’m in a similar position as you. I don’t know the answer but I do know that stocks aren’t returning 20x your investment, at least not in my lifetime. I think using 80-90 year historic numbers isn’t realistic. Everything is very different now than it was in decades past, the room for growth that we saw just isn’t there. I have a progressive 401K . It started with 2% 1st year to 4% 2nd year, on up to 14% of my paycheck, and Ive been putting into it for the last 25 years. Now Ive maxed out 14% of my paycheck+ company matches the dollar amount each paycheck. By the time I retire I will have life changing F.U. money. ComicConnoisseur and ADAMANTIUM 2 Link to comment Share on other sites More sharing options...
the blob Posted September 9, 2018 Share Posted September 9, 2018 (edited) 9 minutes ago, oakman29 said: I have a progressive 401K . It started with 2% 1st year to 4% 2nd year, on up to 14% of my paycheck, and Ive been putting into it for the last 25 years. Now Ive maxed out 14% of my paycheck+ company matches the dollar amount each paycheck. By the time I retire I will have life changing F.U. money. That's it. It needs time to build. Need to start early. I actually only put in for 4.5 years from 99-2004. From 96-99 after I graduated from law school every penny went to paying off student loans (over $80k) and getting a down payment for my 1st apartment. And comics...i got hit by the crash, and then the next one, but as of right now my number isn't bad. Wish it was better. But I saved before I had kids and responsibilities. I have not saved squat since having kids, getting married, etc Edited September 9, 2018 by the blob Link to comment Share on other sites More sharing options...
ComicConnoisseur Posted September 9, 2018 Share Posted September 9, 2018 (edited) Simple answer invest in both stocks and key comics. It doesn't have to be one or the other. With comics just try to pick 4 or 5 keys each from silver age bronze age copper age modern age You most likely won't do as good as the stock market but those 4 or 5 keys from each comic age will beat leaving your money in a savings account in a bank or a bond. Also Number one place to invest is your health. It doesn't matter how much money you have if your health is extremely poor. I had two uncles both millionaires who died in their early 60s recently because of smoking related diseases. All that money they had couldn't beat cancer. So health would be the number one investment. Edited September 9, 2018 by ComicConnoisseur Link to comment Share on other sites More sharing options...
LordRahl Posted September 9, 2018 Share Posted September 9, 2018 8 minutes ago, oakman29 said: I have a progressive 401K . It started with 2% 1st year to 4% 2nd year, on up to 14% of my paycheck, and Ive been putting into it for the last 25 years. Now Ive maxed out 14% of my paycheck+ company matches the dollar amount each paycheck. By the time I retire I will have life changing F.U. money. Well of course you will. I’m in no way saying to not invest in a 401K. Quite the opposite, you should. I max mine out every year. But what you are describing is very different from putting in x amount of dollars into a fund today and waiting for it to multiply 20x in 30 years. BTW, I’d love to know where you work that matches 401K contributions dollar for dollar with no cap. I need to go get a job there. Link to comment Share on other sites More sharing options...
