(Topic ID: 39853)

Create a "Pinball Portfolio"

By nosro

11 years ago


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  • 20 posts
  • 10 Pinsiders participating
  • Latest reply 11 years ago by nosro
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    #1 11 years ago

    I enjoy the investing process. I like pinballs. Two great tastes that taste great together. And with pinball prices going up (http://bostonpinball.biz/ebay_112112.htm), maybe a collection of pinballs as an investment is not so crazy after all.

    With investing, it is important to create a portfolio with different characteristics, much like a football team needs players of different skills such that the group is greater than the sum of its individuals. For example, a diversified investment portfolio might include:

    1) Steady Eddie: these grow OK. They don't grow fantastically but won't make you lose your shirt. Example: Target
    2) Totally speculative: you hate them, you love them, everyone has an opinion. This could double or go to zero in the next year. Example: Facebook
    3) Income: these are all about your current needs. These investments give back a steady stream of dividends. These may never grow, but give you back money today. Example: Verizon
    4) Counter-cyclical: these are likely to go up when others go down, but also lag while others are screaming upwards. Example: Kraft
    5) Cash: zero risk. Doesn't go up, doesn't go down. But hold onto this for too long and you will slowly erode your purchasing power. This is a temporary parking area. Example: Treasury bills.
    6) Alternatives: these fall outside normal classifications. These march to a different beat and do not go up or down with any decent correlation against other widely held investments. Only knowledgeable specialists should even try this: Example: commodity futures.
    7) International: don't keep all your eggs at home. Go abroad with something that doesn't go lock-step with everything going on in the US. Example: Vodafone

    So, what is the Target stock of the pinball world?
    What is the Facebook stock of the pinball world?
    What is the Verizon stock of the pinball world?
    What is the Kraft stock of the pinball world?
    What is the treasury bill of the pinball world?
    What is the commodity futures of the pinball world?
    What is the Vodafone of the pinball world?

    #2 11 years ago

    I don't find this interesting enough to participate. Pinball is a game, not an investment.

    #3 11 years ago

    PINBALLS ARE FOR PLAYING!!!!

    If I had to guess, High Speed and Hurricane are about to drop big time. You should sell now and never look back! Then go invest your $ in stocks. No need to thank me for the inside tip...

    #4 11 years ago
    Quoted from nosro:

    I enjoy the investing process. I like pinballs. Two great tastes that taste great together. And with pinball prices going up (http://bostonpinball.biz/ebay_112112.htm), maybe a collection of pinballs as an investment is not so crazy after all.

    It is crazy.

    #5 11 years ago

    Pinball as an investment is too chancy.

    WHat are the odds of TAF going up in value 10% value every year. I mean come on. with that logic a $4000 TAF today will garner a quick sale at $8000 ten years from now. Surely there is a ceiling of growth. ( says the guy that does not own a MM).

    That would also mean that the NIB Stern Premium will retail at around $10,000+ in ten years.

    #6 11 years ago

    Or , you could corner the market on reasonably priced TAF's. Any time one pops up you snag it. You could create your own supply and demand.

    #7 11 years ago
    Quoted from Whysnow:

    PINBALLS ARE FOR PLAYING!!!!
    If I had to guess, High Speed and Hurricane are about to drop big time. You should sell now and never look back! ...

    Nice.

    #8 11 years ago
    Quoted from Whysnow:

    PINBALLS ARE FOR PLAYING!!!!...

    At one point, people said the same thing about Ferrari's. Now hedge funds are buying them.

    #9 11 years ago

    Here are my ideas so far:

    So, what is the Target stock of the pinball world? Addams Family (perrenial favorite)
    What is the Facebook stock of the pinball world? Monster Bash (hot today, tomorrow...)
    What is the Verizon stock of the pinball world? Whitewater (fun today, to heck with appreciation)
    What is the Kraft stock of the pinball world? Twilight Zone (mostly for enthusiasts and thus may price differently from mainstream popular games)
    What is the treasury bill of the pinball world? Flash (maybe by definition due to the number made)
    What is the commodity futures of the pinball world? Wizard (too old to be mainstream)
    What is the Vodafone of the pinball world?

    #10 11 years ago

    Investing in pinball machines is an impractical idea. You're justifying to yourself buying something you have a romantic attachment to. It's more profitable to invest in things that are small, easy to distribute and fast to buy and sell... Like stocks and shares.

    Reconditioning pinball machines however could make you a nice profit, but you'd have to devote a lot of time, be passionate abouts pins and the people who buy them.

    #11 11 years ago

    I don't invest in pinballs. I play them.

    #12 11 years ago
    Quoted from nosro:

    At one point, people said the same thing about Ferrari's. Now hedge funds are buying them.

    At one point, people invested in baseball cards and beanie babies.

    Attempting to disguise specific examples as empircal evidence is a pretty weak leg to stand on.

    #13 11 years ago

    Isn't the go-to investment disclaimer "Past Performance Is Not an Indication of Future Results"?

    #14 11 years ago
    Quoted from tonymiddendorf:

    At one point, people invested in baseball cards and beanie babies.
    Attempting to disguise specific examples as empircal evidence is a pretty weak leg to stand on.

    w3rd. That's why this is for fun. Anyone who is putting real money on the line based on forum discussion needs to be ... realigned.

    #15 11 years ago
    Quoted from Sympathy:

    Investing in pinball machines is an impractical idea.

    It's impractical, if nothing else, because it is a cinch to buy $100,000 of Kraft stock ten minutes from now. Try doing that with pins!

    #16 11 years ago

    I understand your points, and for most of us it is something we invest $ in, and when we do turn a profit it usually goes into getting the next game... Great hobby but not cheap...

    #17 11 years ago

    invest in stocks or ETFs, you have a ready price every day and you don't have to lift or store or maintain them.

    #18 11 years ago

    Pinball machines are not everlasting gob stoppers. Time and environment can deteriorate them. Cost of storage and maintenance will eat into any profits

    #19 11 years ago

    Way to take the fun out of something.

    Good job!

    #20 11 years ago

    Oh well. I happen to enjoy financial stuff. I thought some people might enjoy this kind of fantasy portfolio daydreaming. I guess I'm weird that way.

    Time to kill this thread.

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