Postcards: Explain This to My Wife

Sometimes people buy things that make no sense to the other person. There's a plan.

Dear Fellow Expat:

I’ve been helping my family sell baseball cards from the 1950s.

My father had lots of cards a long time ago.

He sold the pristine stuff thirty or forty years ago but kept a lot of commons.

But along the way, I keep finding great cards… It’s cool to see a few second-year Ernie Banks cards or Bart Starr Bowmans from the past.

I decided that out of this, I wanted to start buying cards that I wanted to own.

So, yesterday, I went on Fanatics and found a few reasonably priced cards I want to own.

This is important. I want to own them… forever, just as investors should want to own specific companies forever.

That brought me to specific cards. I want to share them with you.

These are alternative assets. They’re largely illiquid, and they’ll appreciate over time. There will be crises in the markets along the way, but the long-term appreciation scale is upward and to the right.

I didn’t buy highly graded cards.

I don’t have that kind of pull. But I bought the cards in grades t…