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Are trading cards a good investment

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are trading cards a good investment

Investing and selling trading cards is a fun hobby that can be lucrative, here's how to get started. Sports card investing is the act of treating sports trading cards like assets that appreciate over time and can turn you a profit. If you are investing in baseball sports cards with the thought to get rich overnight, you are at the wrong place. You can invest in them only if. FOREX ROBOT TFOT 7-08 REMINGTON CARTRIDGE Mountain Treasure Bay Golf and Tennis. Used on the the destination host. File Content Encryption.

This new wave of popularity has been fueled by social media, as the boom in interest has picked up due in large part to live breaks, or when card shop owners let buyers claim trading card packs and then watch them get opened by the store owners on Instagram live. If you hit big, you could suddenly be sitting on a six-figure investment.

And I just started collecting again about five years ago, so think about that return on investment. You hit such a wide audience from all over the country and supplement the store sales as you can go live anytime you want. If I wanted to go live on Instagram three or four times a week you could make a very good living but it really depends on how good you are live and keeping it fun and entertaining.

Social media is such a major game-changer for the card industry. Being able to claim a pack or a box from anywhere in the world really opens things up for consumers and business owners alike. No joke, you can get lost in a rabbit hole watching breaks go down for hours and hours. As with any industry that hits this level of interest, where cards are being sold for millions of dollars on a monthly basis, there are challenges.

But just like real estate, the stock market, or anything else, there are inevitably moments when things burst in value due to supply and demand. The main difference with sports cards is that kids would be able to get them in high volume. The inventory is there. Sports cards are like graduation for kids who were flipping sneakers. The investment in sports cards will eventually outpace sneakers in the flip game.

People put a lot of sentimental value on what they grew up with. It just feels good to watch our kids live out what we lived out. One fascinating thing about sports cards is that you can get limited edition items. You can collect signature cards, jersey cards, etc. Once people start finding these cards people will also start getting their betting fix by buying packs of cards. This is going to bring more money and attention to the space. Second, betting enhances the experience of the game.

Betting on the outcome can enhance the experience of watching a game, which is a big reason why people do it. Along similar lines, buying sports cards could get people more invested in watching games. It provides another option for escapism, which is another reason people will be drawn to it.

There was too much supply and not enough demand. There are a few cards right now that I really think will increase in value over the next few years:. Barring any catastrophic injuries, I think Giannis is going to be one of the great players in the NBA in a few years — which means the value of the card is going to go higher.

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Paying with a credit card makes it easier to avoid losses from fraud. When your debit card is used by a thief, the money is missing from your account instantly. Legitimate expenses for which you've scheduled online payments or mailed checks may bounce, triggering insufficient funds fees and affecting your credit. Even if not your fault, these late or missed payments can lower your credit score. By contrast, when your credit card is used fraudulently, you aren't out any money—you just notify your credit card company of the fraud and don't pay for the transactions you didn't make while the credit card company resolves the matter.

Credit card networks like Visa and Mastercard provide zero liability coverage for unauthorized purchases as a way to encourage usage of their cards over cash or check. Credit card companies can also help resolve refund issues when consumers are unable to resolve merchant disputes on their own.

Say you hire a tile setter to set some flooring in your entryway. Workers spend the weekend cutting, measuring, grouting, placing the spacers and tiles and letting the whole thing set. You draw upon your savings account and write a check. But what do you do when, 72 hours later, the tile starts to shift and the grout still hasn't set? Your entryway is now a complete mess, and that vein in your forehead won't stop throbbing.

You can take up the issue with your state licensing board, but that process could take months and the contractor still has your money. That's why, if you can, you should pay for a big-ticket item like this with a credit card. The issuer has an incentive to discourage fraud among its vendors, and if there is a problem, they have a mechanism to try to resolve it.

More important, if you dispute the charge, the card issuer withholds the funds from the tile setter, and not only will you get your money back, you might even get help finding a new contractor. When you make a debit card purchase, your money is gone right away. When you make a credit card purchase, your money remains in your checking account until you pay your credit card bill.

Hanging on to your funds for this extra time can be helpful in two ways. First, the time value of money, however infinitesimal, will save you money. Delaying eventual payment makes your purchase a tiny bit cheaper than it would be otherwise. Beyond that, by paying with a credit card versus your debit card, cash, or check, your cash will spend more time in your bank account.

And if you pay your credit card from an interest-bearing checking account, you will earn money during the grace period. The extra cash will eventually add up to a meaningful amount. Second, when you consistently pay with a credit card you don't have to watch your bank account balance as closely.

Most credit cards automatically come with a number of consumer protections that people don't even realize they have, such as rental car insurance though often secondary to your personal auto insurance , travel insurance , and product warranties that may exceed the manufacturer's warranty. Certain purchases are difficult to make with a debit card.

When you want to rent a car or stay in a hotel room, you'll almost certainly have an easier time if you have a credit card. Rental car companies and hotels want customers to pay with credit cards because it makes it easier to charge customers for any damage they cause to a room or a car.

Another reason is that, unless you have prepaid for your rental or hotel stay, the merchant doesn't know the final amount of your transaction. The merchant, therefore, needs to block out a certain amount of your available credit line to protect themselves from potential charges they didn't anticipate.

So if you want to pay for one of these items with a debit card, the company may insist on putting a hold of several hundred dollars on your account. If you have no credit or are trying to improve your credit score , using a credit card responsibly will help because credit card companies will report your payment activity to the credit bureaus. However, debit card use doesn't appear anywhere on your credit report , so it can't help you build or improve your credit. Even if you need to deposit some funds to get a secured credit card , this can help you build your credit history and eventually qualify for unsecured cards or larger loans.

Paying with credit cards isn't always better than paying with cash. Retailers honor credit cards because they want to make it easy for you to shop there. But the merchants still have to pay the major credit card companies a portion of every sale in the form of a transaction fee. Since a cash sale means more to the retailer's bottom line than an equivalent credit sale, some retailers give discounts for the privilege of immediately taking your cash.

On a big item, like a furniture set, for instance, the difference could be substantial. However, you'll forego the consumer protections offered by credit cards. There are other reasons when paying with credit isn't better, and they have to do with you and your spending habits. Using a credit card may not be right for you if:. Credit cards are best enjoyed by the disciplined, who can remain cognizant of their ability to pay the monthly bill preferably in full on or before the due date. If you already know how to use a credit card responsibly , shift as many of your purchases as possible to your credit card, and don't use your debit card for anything other than ATM access.

If you do, the combination of rewards, buyer protection, and the value of cash-in-hand will put you ahead of those who pay with a debit card, check, or cash. Accessed Mar. Federal Deposit Insurance Corporation. American Airlines. Federal Trade Commission Consumer Information.

What Can I Do? Financial Literacy. Credit Cards. Rewards Credit Cards. Your Money. Personal Finance. Your Practice. Popular Courses. Table of Contents Expand. Error cards are cards that have some kind of misprint on them, which can be valuable. Grading companies evaluate the condition of the card and assign a grade from based on that condition — with 1 being the lowest and 10 being the highest.

Below are the four major grading companies. For more detailed information on grading, check out this article. PSA is currently the top grading company in the hobby. Their recognizable red and white labels are simply the slabs that the industry wants, and after working their way through an astronomical backlog of cards, they seem to be back to churning out huge numbers monthly.

A BGS 9. Their "tuxedo slabs" are unique in comparison to the other grading companies as they have a black background inserted which really make the colors of the cards pop. CSG is an interesting company to look out for. Their slabs are crystal clear and they recently updated their labels after facing some backlash over the look of their previous clunky green ones. They are relatively new to card grading, but are the biggest names in the comic book and coin grading space.

One of the biggest reasons for optimism with CSG is the fact that Michael Rubin, the founder and executive chairman of Fanatics, is an investor in the company. Newer companies such as HGA and ISA offer their own approach to sports and trading card grading, but sticking with one of the top four will likely return you the most value.

But for now, graded cards are the absolute currency of the industry on the premium end. Cards of current players like Luka Doncic or Patrick Mahomes could go up and down based on injuries, how well they play, and a number of other factors.

On the other hand, the argument for buying modern cards is that new people entering the hobby are more excited about - say - Giannis than they are about someone like Julius Erving. There could also be more opportunity for short term gains with modern cards, since a lot of the recent excitement around the hobby is based around current players.

Some people feel that vintage cards are a better investment compared to modern cards because there are less variables. Meaning, players like Wilt Chamberlain and Kareem Abdul-Jabbar have been cemented as icons of basketball, so their price might not fluctuate as much in the day-to-day.

The number of cards in circulation can affect the value in a big way. You can check population reports for PSA-graded cards on their website. And you can find the population of all cards within that set. You can also search by player name , and get a list of all the cards they have in circulation, along with the population numbers of those cards.

Population reports are one important tool you can use to compare cards and find the rarest cards of a player you like. The barrier to entry is often lower for raw cards because of the lower price. Raw cards are generally better for beginners who are just getting into the hobby because they allow more room for mistakes and for learning. Early on, it can be safer to start with raw cards, then move into graded cards as you learn the nuances.

When a grading company grades cards, they pay attention to the surface, corners, edges, creases, and centering of the card. Does the surface have any scratches? Are the corners and edges frayed? Does the card have any creases?

How well is the player centered on the card? Grading is a subjective process with a human element to it. People at these companies will grade cards based on the condition, and these are some of the things they look for. Panini is the company that predominantly is known for basketball and football cards, the reason being that they currently hold the licenses with the professional leagues to distribute player cards with team logos.

Topps currently holds the licenses for baseball cards. For that reason, Topps baseball cards hold more value. Cultural relevance plays an important role in overall demand because it shows how much awareness people have about the player. For example, with all the things that LeBron James does off the court, what does that mean for his cards?

Which players - like Shaq, Dwyane Wade, or Charles Barkley - will stay culturally relevant even after they retire? This is more relevant for flippers than long term investors, but the dynamics are similar to sports betting. If a player has an incredible game or series of games, their card price will probably go up. Also, put yourself into the seller's shoes, why not list at a higher price point than the market at the chance lazy buyers are perusing the market and willing to pay over market value in exchange for the time saved from doing the research?

Major markets overall tend to hold more value than smaller markets. When a player wins with the Yankees, Lakers, or Celtics, it can hold more weight. For example, Zion Williamson is in New Orleans, but if he ever gets traded to a major market team, that might spike the price of his card.

What if they get traded somewhere else? Basketball is a major sport and also has a fanbase in countries like China and around the world. That can influence the demand for basketball cards. Football is extremely popular in America and has a loyal fanbase. The stats show that 75 of the top TV broadcasts in were football. Baseball is the oldest sport out of the group and was the sport that truly popularized sports cards.

Same with baseball, wrestling, and the UFC. Soccer has a huge international audience. International soccer which always dominates TV. Also, the World Cup will be played in the United States , and that could make a difference in the overall awareness around the sport. This is especially true for areas like Pokemon or Yu-Gi-Oh cards that hold a lot of sentimental value for people - people often want to collect the cards that they played with as kids.

Things like Pokemon cards, Magic the Gathering cards, Yu-Gi-Oh cards, and more have been really rising in value in a big way over the past years. It can also be a quick tool you can use to see what a card is selling for. There are a number of sellers who post their cards on Facebook groups or directly on Instagram for sale.

Card shows still happen across the country, the biggest one being the National Sports Collectors Convention. Whatnot is a community marketplace where and shop owners and " breakers " can go live and collectors can buy single cards or participate in a box break.

It has gained massive popularity in the hobby of late, making the selling and shopping process much more seamless than Instagram and Facebook live. As demand for cards increases, the natural reaction of card companies will be to increase the amount of supply in future sets.

It makes sense - card companies like Panini and Topps are trying to get more sales. Like we mentioned earlier, you can check PSA population reports to see how many of a certain card are in circulation and think about whether the market demand outpaces the supply. You can educate yourself on how to tell whether a card is real or fake, and also lean more towards buying graded cards over time.

It offers protection to both buyers and sellers to make sure that the transaction gets carried out properly. If you think about buying cards as a business, the same rules apply as any other investment!

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Are Baseball Cards A Good Investment?

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