Friday StockTwits Banter: Nostalgia Investing

It’s a slow news day, and my post onĀ investing in collectibles spurred an interesting StockTwits conversation about “nostalgia investing.”

Worthless: Thoughts on Investing in Collectibles – Sizemore Insights http://stks.co/b0hVe $STUDY

— Charles Sizemore (@CharlesSizemore) Jun. 27 at 09:01 AM

@CharlesSizemore Funny last night and this morning going through my 4k baseball cards from the 50s and 60s. They have been an attic forever.

— scott deitler (@scottd) Jun. 27 at 10:01 AM

@scottd You know, if they are in good condition, 1950s and 1960s cards might be worth something. 1980s and 1990s cards? Not so much…

— Charles Sizemore (@CharlesSizemore) Jun. 27 at 10:03 AM

@CharlesSizemore Have 2 Nolan Ryan rookie perfect. Ted W, Stan the Man, Willie M, etc etc etc etc

— scott deitler (@scottd) Jun. 27 at 10:09 AM

@CharlesSizemore I don't want to die with the cards sitting in the attic. Problem is 1000s of my cards dont have much value. Top 10% yes

— scott deitler (@scottd) Jun. 27 at 10:15 AM

@scottd All morbid joking aside, I wouldn't expect Gen X of Millennial collectors to pay as much for those cards.

— Charles Sizemore (@CharlesSizemore) Jun. 27 at 10:17 AM

@scottd It's very much a "Baby Boomer nostalgia" trade.

— Charles Sizemore (@CharlesSizemore) Jun. 27 at 10:18 AM

@scottd I noticed a similar dynamic with classic cars. The "it" classic car is determined by what generation is having its midlife crisis.

— Charles Sizemore (@CharlesSizemore) Jun. 27 at 10:19 AM

@scottd Guys in my cohort will be buying mid-1990s Mustangs and Cameros in another 10-15 years, reliving our youths.

— Charles Sizemore (@CharlesSizemore) Jun. 27 at 10:20 AM

@CharlesSizemore Yes I think perceptive people with LT outlook could do well buying 10 years ahead of time. Not with cards but cars.

— scott deitler (@scottd) Jun. 27 at 10:22 AM