Are prices for 'important' sports cards set to rise? Check out Pristine Auction here: prstn.co/sportscarddad Use Code sportscarddad for $10 off your first auction win at Pristine $25 OFF your 1s PSA grading submission (1 Card Minimum!) Follow the link below and use promo code SCD25 to get started: It is very important that you add the promo code at the "Shipping & Billing" screen to receive the discount Link: bit.ly/3MA7CHr PROMO CODE: SCD25 Don't forget to check out our website: sportscarddad.com Check out @clearvaluetax9382 's video referenced here: ua-cam.com/video/Hj6Vm520PIs/v-deo.html If you have a sports card collection to sell, I have resources to assist. Please email me at the address below. For all non-sports card related collectibles videos, visit my 2nd channel at @collectiblesdad For all your Card Supply & Card Case Needs, check out Card Capsule here: www.cardcapsule.us/sportscarddad Try out Market Movers here for quick and easy sales history data: www.sportscardinvestor.com/pl... Coupon Code: SCD Users will get a 14 day free trial and a 20% lifetime discount on any subscription at any level, monthly or annual. The only place on the internet w/ 10% off Slabmags! Check out SlabMags here: slabmags.com/discount/sportsc... Use Promo Code 'sportscarddad' at Checkout for 10% off your entire order! *Affiliate Link: I may receive a commission from purchases via this link Check out the latest sports card auctions on Ebay here: ebay.us/3cOQx0 #ad *Affiliate Link: I may receive a commission from purchases via this link
I got out of spending big money on cards earlier this year. I will never understand why people pay such high prices for unproven careers. I mean I like some of the rookies in a lot sports but not spending the money people are asking for their cards. I instead bought some Brady (my PC) and some other favorite players who were also considered really good players (Tiger Woods auto cards, Serena Williams auto's, Nolan Ryan, Walter Payton, Wayne Gretsky, etc...) I have always been good with investing my money first and played with what was left over. I have seen incredible growth with my Apple, Tesla, Nvidia, Taiwan Semi, ARM, and Palantir stocks over the years. I have since took my initial investments out of those and moved them to others, so whatever happens with the rest it is what it is. Now looking to get more involved with real estate. Sports cards will always be a guilty pleasure when it makes sense.
Good stuff...the problem with any type of crash or correction is all assets go down at the same time. I feel nothing is safe anymore since we have physical and digital money and all the physical is accessed through digital. If you don't already have physical at that time it will be very difficult to obtain. Plus you need that extra cash to buy into the crash to come out on top when it rises again. I do also feel we are in a nobody wants to lose at the top and they just won't let it ever fully crash. 😊
I think the best investment in cards are a few areas…. but are all the same.. HIGH END name HOFS… pre war, vintage, modern, and ultra modern… those BIG names cards and especially rookie cards are the investment cards… I enjoy collecting them and hope they are investment cards.. if not I will enjoy owning them and HOLDING them in my hand… its a special feeling of the hobby...
@@TheSportsCardDad Wages were less but worth more. $1 in 1980 is worth, roughly, $4 in 2024. However, the average home price in 1980 was $47,000 and the average home price in 2024 is $420,400. One increased 4 times and the other increased 10 times. On top of that, the average yearly wages in 1980 were about $12k. In 2024, they're $62k. So, in both cases, the rising cost of housing has far outpaced the increase in dollar value and average salary.
@@LoganNickysCards 1980's house for middle class, did not have anywhere near the amount of features that the same type of house today, driving up costs considerably, so truly not a valid comparison. So it was less of a house, with 12-18% mortages rates, vs today, much more of a house, for a moderate increase cost, but with a much lower interest rate. Actually easier today than in 1980 for home ownership. Real problem is, in 1980, a limited education got you a decent paying job. Today, that same level of education, gets you a lifetime of struggle, just that simple. Times changed, those that changed with the times, are doing more than fine. Those that sat on their thumbs are suffering.
@@theboringchannel2027 Even at 18% interest rates, based on inflation, the average mortgage from 1980 would be $200 less per month than the average cost of a house now at 7.425%. And interest rates can go down. Refinancing is a thing. So interest rates only matter for a period of time unlike the actual price of the house. And you're wrong. It's widely considered more difficult to buy a house now than it was in 1980 mostly due to the house price to income ratio that's doubled since then. And there's certainly more than one real problem affecting this. Not the least of which being that housing values have increased 33% just in the last 5 years. Wages certainly haven't. Not even for those with PhDs and Masters degrees. But, yeah, all of those kids that are entering their mid-to-late 20s, early 30s were all just sitting on their thumbs by not buying a house when they were teenagers or in college.
good points about collectors ages and positions in life. You should not spend what you do not have. Your first responsibility is to your family and your future. cards should never be in that equation.
Opportunity cost. They produce $0 cash flow in and of themselves. So if you're stuck with a $100 card that in five years is still $100, you lost all that interest along the way. It's a harsh way to put it, but tying your money up into an asset, in this case cards, is the liability of the decision.
@ it’s not meant to be taken literally as a true liability. It’s meant as a $0 cash flow asset that isn’t likely to appreciate. In short, yeah, that’s a liability. Have to do work to try to get your money back.
@@pveldboom09 You can NOT use "opportunity cost" and "liability" interchangeably. For example, you assume someone is buying many cards that would take work to move and are unlikely to appreciate. Many collectors buy a small handful of cards they deem likely to appreciate and can be moved with minimal work. So yeah... your collection might be a liability, but that's a YOU problem. And if you didn't mean it "literally," how did you mean it? Ironically? Metaphorically? Or are you just using even more words you don't understand to blow smoke over the first set of words you don't understand? I meant "smoke" metaphorically. There's not really smoke here in the comments. It's a metaphor. I asked you those questions "rhetorically" because you obviously don't understand the terms you are using. "Rhetorically" means I'm asking a question to prove a point and don't need to answer. Unless you feel the need to embarrass yourself further. The more you know.
@@Rockpile79 can and did. If I take a $100 bill and acquire a $100 asset with no upside and no hope of dividends or interest paid, what's the difference? At that point you might as well say you added a certain dollar amount of liability to your overall portfolio.
@@TheSportsCardDad Correct. Deflation is generally bad for the economy. People are going to have to accept we're in a new stratosphere of pricing now. Corporations that have been making record inflation using "inflation" as the big bad boogie man (despite them creating it) aren't going back to pre-covid prices. Same goes for housing until investment firms aren't allowed to snatch up 40% of them like they have been.
@ 2% has been the Fed Target for decades. You say that as if the current inflation rate of 2.4-2.6 is some abnormality, when it’s actually just the high end of normality when we don’t have oil shocks and post-recession recoveries
My current play is silver (mostly coins). Silver has solar and medical utility, among others. Gold is another excellent inflation hedge. Sports cards are an awful "investment", as well as, a terrible inflation hedge. Sports cards have no utility, unless you need to use them as kindling to start a fire 🔥 to keep you warm and cook your food because you live outside. Sports cards are nothing more than a collectible, like beanie babies, tulips and Disney stuffed animals. Caveat emptor!
“The government is putting Bitcoin into ETFs.” Dude you need to be learning about how this stuff works instead of just pumping out daily videos. That’s not how ETFs work.
@@TheSportsCardDad There's a pretty big difference between approving companies to have the choice to possibly add bitcoin to an ETF and the government suddenly running its own ETFs and adding bitcoin to them, especially if someone is considering investing in Bitcoin and being told, "Bitcoin isn't going anywhere." I do appreciate you adjusting that section of the video.
For the love of all that is holy do not take financial advice from this guy and his buddy. There were at least 4 foundational misunderstandings in this video alone. Doesn’t even have the good sense to state “this is not financial advice” and protect himself from liability.
I relistened to the opening the 3 minutes and the closing 2 minutes. There’s no disclaimers about this not being financial advice. I didn’t hear any on my first full listen either. You really need to stop deflecting feedback like this and just do better. Once you stop talking casually about comics, cards, hoverboards, and Alf puppets and you start giving advice about stocks, bonds, and crypto you are playing on a whole ballfield.
Thank you. Predicting something as silly and fluffy as 'sports card values' using moves by the Fed as your explainer is, um, a bit of a stretch. And bitcoin is all the beauty of a well-backed security without the, well, backing.
@@Rockpile79 There is a full disclaimer in the video description, and the info was presented in an easy to understand manner, stating multiple times 'nobody can see the future' in a variety of different ways. Maybe I'm not your cup of tea, and that's perfectly ok. You would probably like the guy whose video I referenced in my vid, he does a great job of explaining his position.
@@kenrogers1948 I think sports card values do clearly follow and/or react to major economic trends and that it’s worthwhile for people to consider that if they have an expensive collection. But this video went way beyond that and just had basic definitions and concepts wrong. Saying something similar to “The government is putting Bitcoin into ETFs so Bitcoin isn’t going anywhere” is definitely financial advice and is factually incorrect at its core premise.
I see you have haters because you spend your money on experiences with your children. Sorry he doesn’t waste his money on Anthony Richardson cards and now you live in your mother basement.
Are prices for 'important' sports cards set to rise?
Check out Pristine Auction here: prstn.co/sportscarddad
Use Code sportscarddad for $10 off your first auction win at Pristine
$25 OFF your 1s PSA grading submission (1 Card Minimum!) Follow the link below and use promo code SCD25 to get started:
It is very important that you add the promo code at the "Shipping & Billing" screen to receive the discount
Link: bit.ly/3MA7CHr
PROMO CODE: SCD25
Don't forget to check out our website: sportscarddad.com
Check out @clearvaluetax9382 's video referenced here:
ua-cam.com/video/Hj6Vm520PIs/v-deo.html
If you have a sports card collection to sell, I have resources to assist. Please email me at the address below.
For all non-sports card related collectibles videos, visit my 2nd channel at @collectiblesdad
For all your Card Supply & Card Case Needs, check out Card Capsule here:
www.cardcapsule.us/sportscarddad
Try out Market Movers here for quick and easy sales history data:
www.sportscardinvestor.com/pl...
Coupon Code: SCD
Users will get a 14 day free trial and a 20% lifetime discount on any subscription at any level, monthly or annual.
The only place on the internet w/ 10% off Slabmags!
Check out SlabMags here:
slabmags.com/discount/sportsc...
Use Promo Code 'sportscarddad' at Checkout for 10% off your entire order!
*Affiliate Link: I may receive a commission from purchases via this link
Check out the latest sports card auctions on Ebay here:
ebay.us/3cOQx0 #ad
*Affiliate Link: I may receive a commission from purchases via this link
I got out of spending big money on cards earlier this year. I will never understand why people pay such high prices for unproven careers. I mean I like some of the rookies in a lot sports but not spending the money people are asking for their cards. I instead bought some Brady (my PC) and some other favorite players who were also considered really good players (Tiger Woods auto cards, Serena Williams auto's, Nolan Ryan, Walter Payton, Wayne Gretsky, etc...) I have always been good with investing my money first and played with what was left over. I have seen incredible growth with my Apple, Tesla, Nvidia, Taiwan Semi, ARM, and Palantir stocks over the years. I have since took my initial investments out of those and moved them to others, so whatever happens with the rest it is what it is. Now looking to get more involved with real estate. Sports cards will always be a guilty pleasure when it makes sense.
Would you like a medal?
Good stuff...the problem with any type of crash or correction is all assets go down at the same time. I feel nothing is safe anymore since we have physical and digital money and all the physical is accessed through digital. If you don't already have physical at that time it will be very difficult to obtain. Plus you need that extra cash to buy into the crash to come out on top when it rises again. I do also feel we are in a nobody wants to lose at the top and they just won't let it ever fully crash. 😊
I think the best investment in cards are a few areas…. but are all the same.. HIGH END name HOFS… pre war, vintage, modern, and ultra modern… those BIG names cards and especially rookie cards are the investment cards… I enjoy collecting them and hope they are investment cards.. if not I will enjoy owning them and HOLDING them in my hand… its a special feeling of the hobby...
Collect pre-panini Kobes and Jordans and other HOFers. Exquisite, Ultimate, Chronology, UD Black and 90s inserts/parallels. Your Welcome !
Funny, I saw this video right after seeing Brian's (clearvaluetax's) video
Same!
Same here.
Houses were 50k when rates were at 17% so not apples to apples there.
But wages were also far less
@ but the wage scale hasnt multiplied as much as home prices have multiplied in that amount of time on average
@@TheSportsCardDad Wages were less but worth more. $1 in 1980 is worth, roughly, $4 in 2024. However, the average home price in 1980 was $47,000 and the average home price in 2024 is $420,400. One increased 4 times and the other increased 10 times. On top of that, the average yearly wages in 1980 were about $12k. In 2024, they're $62k. So, in both cases, the rising cost of housing has far outpaced the increase in dollar value and average salary.
@@LoganNickysCards 1980's house for middle class, did not have anywhere near the amount of features that the same type of house today, driving up costs considerably,
so truly not a valid comparison.
So it was less of a house, with 12-18% mortages rates,
vs today, much more of a house, for a moderate increase cost,
but with a much lower interest rate.
Actually easier today than in 1980 for home ownership.
Real problem is, in 1980, a limited education got you a decent paying job.
Today, that same level of education, gets you a lifetime of struggle,
just that simple.
Times changed, those that changed with the times, are doing more than fine.
Those that sat on their thumbs are suffering.
@@theboringchannel2027 Even at 18% interest rates, based on inflation, the average mortgage from 1980 would be $200 less per month than the average cost of a house now at 7.425%. And interest rates can go down. Refinancing is a thing. So interest rates only matter for a period of time unlike the actual price of the house.
And you're wrong. It's widely considered more difficult to buy a house now than it was in 1980 mostly due to the house price to income ratio that's doubled since then.
And there's certainly more than one real problem affecting this. Not the least of which being that housing values have increased 33% just in the last 5 years. Wages certainly haven't. Not even for those with PhDs and Masters degrees.
But, yeah, all of those kids that are entering their mid-to-late 20s, early 30s were all just sitting on their thumbs by not buying a house when they were teenagers or in college.
Love that you watch Brian. His content is great-and apolitical.
100% cards are going up.
good points about collectors ages and positions in life. You should not spend what you do not have. Your first responsibility is to your family and your future. cards should never be in that equation.
Hope all is well!
If you bought Josh Allen ..the NFL .MONSTER ..
Oh my god. Did you just say “sports cards are liabilities?” You need to learn what these words mean.
Opportunity cost. They produce $0 cash flow in and of themselves. So if you're stuck with a $100 card that in five years is still $100, you lost all that interest along the way. It's a harsh way to put it, but tying your money up into an asset, in this case cards, is the liability of the decision.
@ you are joking right? Opportunity cost is not synonymous with liability. That’s why they are two different terms.
@ it’s not meant to be taken literally as a true liability. It’s meant as a $0 cash flow asset that isn’t likely to appreciate. In short, yeah, that’s a liability. Have to do work to try to get your money back.
@@pveldboom09 You can NOT use "opportunity cost" and "liability" interchangeably.
For example, you assume someone is buying many cards that would take work to move and are unlikely to appreciate. Many collectors buy a small handful of cards they deem likely to appreciate and can be moved with minimal work.
So yeah... your collection might be a liability, but that's a YOU problem.
And if you didn't mean it "literally," how did you mean it? Ironically? Metaphorically?
Or are you just using even more words you don't understand to blow smoke over the first set of words you don't understand?
I meant "smoke" metaphorically. There's not really smoke here in the comments. It's a metaphor.
I asked you those questions "rhetorically" because you obviously don't understand the terms you are using.
"Rhetorically" means I'm asking a question to prove a point and don't need to answer. Unless you feel the need to embarrass yourself further.
The more you know.
@@Rockpile79 can and did. If I take a $100 bill and acquire a $100 asset with no upside and no hope of dividends or interest paid, what's the difference? At that point you might as well say you added a certain dollar amount of liability to your overall portfolio.
Argentina 🇦🇷. Here we come!!! 🤯 🔥 🇺🇸 🇦🇷 🔥 🇺🇸 🇺🇸 🔥 🤯
I’m lucky- my two favorite athletes are andre Agassi and BJ Armstrong - really inexpensive players to collect 😊👍🏻
Sounds like New Orleans was a great time!
Amazing 🙌
There is always a hug melt up before the 2-4 year of rekt city :)
My poor Mahomes Psa 10 rookies 😢
Inflation has been constantly decreasing since the height of the supply chain crisis. Hyperinflation? LOL
No, the rate of inflation has been decreasing, but it's still sitting at 2.5-3%
@@TheSportsCardDad Tariffs are the number one way to ensure Hyperinflation
@@TheSportsCardDad Correct. Deflation is generally bad for the economy. People are going to have to accept we're in a new stratosphere of pricing now. Corporations that have been making record inflation using "inflation" as the big bad boogie man (despite them creating it) aren't going back to pre-covid prices. Same goes for housing until investment firms aren't allowed to snatch up 40% of them like they have been.
@ 2% has been the Fed Target for decades. You say that as if the current inflation rate of 2.4-2.6 is some abnormality, when it’s actually just the high end of normality when we don’t have oil shocks and post-recession recoveries
Ouuu wow! You should change your name to personal finance dad after this vid!
👍
I didn’t know if I was watching the sportscarddad or personal financedad for a moment -Brad chugs large Ice matcha with giant piece of cake
😂
Let’s geoux Saints!
YES! Let's goooo
My current play is silver (mostly coins). Silver has solar and medical utility, among others. Gold is another excellent inflation hedge. Sports cards are an awful "investment", as well as, a terrible inflation hedge. Sports cards have no utility, unless you need to use them as kindling to start a fire 🔥 to keep you warm and cook your food because you live outside. Sports cards are nothing more than a collectible, like beanie babies, tulips and Disney stuffed animals. Caveat emptor!
No way, they're just a collectible?! Is that why they're referred to as "collectibles"? I never knew!
@ 🤣
Gold and silver US treasury minted coins. A new currency will be needed that reverts to constitutional money.
Yes but a rising tide lifts all boats. If basically everything goes up nominally, so will collectibles.
“The government is putting Bitcoin into ETFs.” Dude you need to be learning about how this stuff works instead of just pumping out daily videos. That’s not how ETFs work.
The SEC did approve Bitcoin in ETFs
alright Rockpile, I adjusted it for you. Took out the piece you didn't like how I worded 👍
Tell the people how smart you are buddy or relax
@@HarvestMtHow do you suggest relaxing? Breathing deeply in and out of your mouth for 10 minutes? Or do you just do that naturally?
@@TheSportsCardDad There's a pretty big difference between approving companies to have the choice to possibly add bitcoin to an ETF and the government suddenly running its own ETFs and adding bitcoin to them, especially if someone is considering investing in Bitcoin and being told, "Bitcoin isn't going anywhere." I do appreciate you adjusting that section of the video.
You must be loaded, you always traveling and buying nice cards.
Not 'loaded' at all, but I guess it's all relative
Must be those sponsors
He's white. Parents probably left him money.😂
Loaded? He wears shirts and sweaters he’s owned since the 80s!
The original commenter is a clown to think that. Take a look at his clothes and the places he stays for some of his videos. Bozo
For the love of all that is holy do not take financial advice from this guy and his buddy. There were at least 4 foundational misunderstandings in this video alone. Doesn’t even have the good sense to state “this is not financial advice” and protect himself from liability.
lol all the disclaimers are there. Maybe this one wasn’t a fit for you. There will be a new video tomorrow 👍
I relistened to the opening the 3 minutes and the closing 2 minutes. There’s no disclaimers about this not being financial advice. I didn’t hear any on my first full listen either. You really need to stop deflecting feedback like this and just do better. Once you stop talking casually about comics, cards, hoverboards, and Alf puppets and you start giving advice about stocks, bonds, and crypto you are playing on a whole ballfield.
Thank you. Predicting something as silly and fluffy as 'sports card values' using moves by the Fed as your explainer is, um, a bit of a stretch. And bitcoin is all the beauty of a well-backed security without the, well, backing.
@@Rockpile79 There is a full disclaimer in the video description, and the info was presented in an easy to understand manner, stating multiple times 'nobody can see the future' in a variety of different ways. Maybe I'm not your cup of tea, and that's perfectly ok. You would probably like the guy whose video I referenced in my vid, he does a great job of explaining his position.
@@kenrogers1948 I think sports card values do clearly follow and/or react to major economic trends and that it’s worthwhile for people to consider that if they have an expensive collection. But this video went way beyond that and just had basic definitions and concepts wrong. Saying something similar to “The government is putting Bitcoin into ETFs so Bitcoin isn’t going anywhere” is definitely financial advice and is factually incorrect at its core premise.
I see you have haters because you spend your money on experiences with your children. Sorry he doesn’t waste his money on Anthony Richardson cards and now you live in your mother basement.
appreciate the back up!
Sell Josh Allen now before he gets eliminated in the playoffs again
We already pulled out of the recession 8 months ago. But nice try.
What about the next one??
@ there’s always a next one. What’s your point?
@Rockpile79 if it's sooner rather than later.
@@magicbanding1095 really insightful analysis
@Rockpile79 sorry, I was unaware you look for insights in UA-cam comment section. Makes a whole lotta sense.