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Posted by Jay G. on 04/12/07 00:53
On Wed, 11 Apr 2007 03:00:52 -0700, MassiveProng wrote:
> On Tue, 10 Apr 2007 23:38:47 -0400, "Jay G." <Jay@tmbg.org> Gave us:
>
>>
>>I really wouldn't use equity as a reason for buying discs. For the
>>majority of discs, DVDs are a bad investment. They lose value as soon as
>>you buy them, and drop in value as time goes on. An occasional OOP disc
>>may go for more than it was orignally worth, but even then most times a
>>newer and better release eventually comes along and the old disc is worth
>>even less.
>>
>
> It really sucks too, since a simple baseball card that ALSO gets
> printed in the millions numbers gains value because of retarded kids,
> and their parents, but these true artistic gems lose value from day
> one.
Baseball cards aren't a good investment either. Thost cars that were
printed in the millions are pretty near worthless:
http://www.sportscardfun.com/baseball-cards-value.asp
"Sports cards were vastly over produced in the 1990's, many cards from
those years have very little value."
http://www.sportscardfun.com/baseball-cards-investments.asp
" It’s important to keep in mind however, that the people making a decent
amount of money are usually the expert full-time collectors/dealers, or the
incredibly lucky few collectors that stumble across great grandpa’s vintage
baseball card collection stored away in the attic. For most people, when
it comes to looking at baseball cards as a primary investment tool, we
recommend you speak to a good financial advisor about other types of
investments available."
One thing to note is the difference between the two "collectables." With
baseball cards, the majority of people who collect them are collectors, for
the purpose of having a collection. Thus a 1999 card of a certain player
doesn't really drop in price because the 2007 cards came out.
DVDs, on the other hand, are much more like books in that most people buy
them for the *content*, not for the purpose of simply owning it. Thus when
OOP, people increase the price since the content is rare as well, but once
the content has been re-released on a new disc, the OOP disc drops
significantly in price.
> At least they aren't as bad as the one realm with the worst
> depreciation rate known to man... the PC.
Electronics in general depreciate in value fairly rapidly. I wouldn't be
surprised if cell phone and digital cameras depreciate about as quickly as
PCs.
-Jay
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