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by pc86 718 days ago
At some point you have to think you'd be better off selling at a loss and reallocating the funds, especially if there are tax implications of being able to show a loss in business inventory (which you may not be able to if it's just some guy buying a box of watches and not an actual business venture).
1 comments

If you hold the inventory, there is still hope of a rebound. Eating the loss and taking a bath has got to be painful.

Given how unpredictable the collector's market is, investing for short-term swing collecting seems a high variance strategy. Only winning move would be to pick up the goods, stack them in the attic for 20 years, and see what got lucky. Anything else would be too much mental stress trying to monitor the present value.