Comment on Should I keep the Zelda OLED for the forseeable future?
callouscomic@lemmy.zip 2 weeks ago$199.99 in February 2015. Stuffing that in an S&P 500 indexed mutual fund would be worth over $700 today without even reinvesting dividends. And that’s more reliable than “maybe this console will be resellable at a much higher amount.” Also the investments are easier to sell. I’m not usually convinced by the future value arguments.
Guitar@lemmy.world 2 weeks ago
You’re comparing apples and potatoes. The question was not “what is the best way to invest $200?” It was, “is it worth it to keep an already owned item for increased value at a later date?” And the answer to that really depends on OP’s opinion on wether or not an increase of 2-300% is enough to justify holding onto it.
callouscomic@lemmy.zip 2 weeks ago
You directly implied holding onto something for its potential investment valuation at a later date. It’s almost certain that a mutual fund investment will be worth more in 10 years, whereas a specialty console is a gamble whether it’ll increase in value and how much, and whether it needs to b mint condition.
Therefore if the goal is future value, as you implied with the Majora’s mask example and setting sentimental value to the side, investing in a mutual fund is the more logical choice. Not apples and oranges when broken down to merely “which option is likely to be worth more.”