How To Invest In Sports Cards With ZERO RISK!

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  • Опубліковано 24 гру 2024

КОМЕНТАРІ • 23

  • @v6ll5000
    @v6ll5000 Рік тому +6

    What if it graded PSA 7 and ended in BGS 7,5. While getting better grade is possible, going down on grade can also happen or not really?

  • @speedyjustice4you
    @speedyjustice4you Рік тому +16

    What about final value fees from eBay?
    13.25% of the final sale = $1,590 and 2.35% of the sale over $7,500 = $105.75
    Total eBay fees = $1,695.75
    $950-$1,695.75 = -745.75
    Unless I'm missing something, it looks like this was a loss.

    • @voyagerhapsody
      @voyagerhapsody Рік тому +6

      This was my exact thought. 10% profit (but forgets to mention the 12.35% eBay fees, and whether this was promoted for at least 2%)

    • @johnvondercrone8485
      @johnvondercrone8485 Рік тому +1

      This was my question too. I enjoyed the video and info, but I don’t know how selling fees were not mentioned. This was a loss if I sell it on eBay. He should respond to this seemingly obvious question.

    • @yodakazam
      @yodakazam Рік тому

      And he never replied haha this guy is full of crap

    • @rmk1283
      @rmk1283 8 місяців тому

      As someone who has collected cards as a kid but never sold, could he sell the card at a card shop or show and do ok? Just curious.

    • @speedyjustice4you
      @speedyjustice4you 8 місяців тому

      @@rmk1283 if you’re selling to a dealer at a show, you’ll probably get 70%-85% of recent eBay comps.
      It is similar, and sometimes even lower, for shops.

  • @joshuamorgan1269
    @joshuamorgan1269 Рік тому +8

    Hello! Love the information, but my question is how were you not worried the card would grade lower? Especially if you bought it on eBay and couldn't do a close inspection.

  • @teetoo3790
    @teetoo3790 Рік тому +4

    In a high yield savings bank account at 5 percent that $10600 would have got you a $530 profit with a lot less work. Also there are CDs out there with 6 percent and that 10600 would get you $636 profit. No work for both and guaranteed. This why sports cards,comic books and Funkos are getting crushed with lower sales. Putting the money in banks is a safer bet.

  • @larrysclassicsports
    @larrysclassicsports Рік тому +2

    FEES, Shipping Insurance. Lets be honest with actual cost.

  • @jeffreyknapp74
    @jeffreyknapp74 Рік тому +2

    I'd love to see people put out videos for those who are not spending $10,000. Regular people might want to start with $150 to $200 to be on the safe side.

  • @eddymendez4628
    @eddymendez4628 10 місяців тому

    How do you do it as far as taxes

  • @jmondo
    @jmondo 11 місяців тому

    The key is you have ro be really food at "pre grading" cards... That's the hardest part

  • @markmaguire4727
    @markmaguire4727 Рік тому +1

    This only works if you are flipping. You can't hold the card for too long

  • @hanksproteinplus1341
    @hanksproteinplus1341 11 місяців тому

    I believe you are missing out on a lot of potential customers

  • @MultiBrodeur
    @MultiBrodeur Рік тому

    Except you had to risk 10k+ up front and hope the player stays healthy

  • @David-fv7zg
    @David-fv7zg Рік тому +12

    Zero VAlue in this, sorry. This is truly gambling.

  • @TheWhitechocolit18
    @TheWhitechocolit18 Рік тому +1

    Based off the title this video should be all about lebron rookies