I'm wondering if anyone else has experience with items becoming investments over time due to massive appreciation in value. Last year, I bought a couple of vaunted Magic cards from its early history, such as a Black Lotus, figuring that it was the only chance to own one after a 500% increase in the past few years. I had no expectation of it doubling again in price, which makes me second guess holding a 5 figure piece of cardboard. I bought an apartment for an eyewatering amount of money a few years ago in a HCOL city and I never consider housing to be an investment. Every day, I'm wondering if I'm sitting on a ticking time bomb in that the bubble might burst, or that I should hold onto dear life, since owning property is the best hedge against further property appreciation.
Thoughts?
Submitted May 05, 2021 at 04:38AM by shimszy https://ift.tt/3eTwqZv
