Bankrupt By Beanies
Вставка
- Опубліковано 14 тра 2009
- A short documentary about my family's sordid past with Beanie Babies. Made for my Documentary Production class at The University of Arizona.
If you like the film, please check out "Bastard: An Illegitimate Film" on Vimeo: vimeo.com/14632320 - Комедії
There is one guy who got rich off of Beanie Babies
His name is Ty
hey i also made a killing i made $5000 profit by selling of my collection right before the crash.
Tai*
sgreen4 damn asian lol
@@anarchyandempires5452 dammit wish i did.
Ty Warner - Net Worth - 2.4 billion USD (2018)
If they don't replace the battery in that beeping smoke detector, they may end up losing them all to a fire anyway.
Dude. SERIOUSLY!! Driving me bonkers over here!
I was going to say the same thing, LOL I bet they are selling the house, I see lots of homes with the same issue when for sale.
Brilliant comment
Nicholas Hutchind 🤣🤣🤣🤣🤣🤣
Lmao 🤣
Sure this family made a mistake, but kudos to them for being brave enough to come out and describe the lesson they learned.
@verbadum22 well, in marriage you share financial responsibility and decisions, that's the reason why during divorce the funds are halved. If she was against it, she should have prevented that. If she allowed that to happen, that was her decision too to keep it going.
@verbadum22 once he spent $2, 000 for stuffed animal I would have left his ass!
My family's got no room to talk. Back in the 90's, ostrich meat was supposed to be the next big thing, and my grandparents jumped on board. They had all the equipment for incubating the eggs (these kiln like things), 10 acres of fenced in property for raising them, and even a side operation for rheas. I was a little kid and thought it cool as fuck, these giant ass birds hanging out basically in the backyard. They also had a ceramic shop for painting those huge eggs that grandma would take to craft shows. They had that business ironed out pretty good.
And then, all the huge corporate farmers hopped on board, bought a shitton of birds, and just totally flooded the market, destroying all the small time operators in the process.
Apparently, the birds were so worthless at the end, they just ended up putting down the ones they had for a loss. Shit happens when you jump on a fad. It could be bitcoin good, or it could be beanie baby bad.
...for some people, it’s happy meal toys..or old ps1 games...antique furniture or antique trinkets like cameras...at least these people didn’t go bankrupt because of button pins or antique play boys lol..and beanie babies have a massive re-sale value even today. I saw 20 beanies from my childhood that I would LOOOVVE to own again 🤩 who doesn’t love beanie babies?
@@StormDogg fucken copyright that last sentence bruh, it's brilliant
LOL I was like you guys. But one day I realized I was pregnant with my second child and I needed a bigger house. I went and sold my entire collection and got the down payment on my house. Then about six or seven months later the beanie baby crash happened. And I still look back and smile and say wow I did good on that one
You did well. But Jeff Bezos made 10 billion dollars last month, and didn't have to pay taxes on it. We need to tax the rich, and kill anybody who tries to stop us. Enough is enough.
since nobody else is saying it, congratulations!
btw love "sloth mom"!
Yes! Congratulations! Best decision and great timing.
lying for internet clout nice!
the Heisenberg of Beanie Babies :P
The M.K.M. Sounds exactly like Walter White.
The M.K.M. I hope he's givig some away. because im going to bring a truck if they are.
lol
God I thought the same thing! I thought Cranston was doing the voiceover before we saw his father, crazy!
They can't even afford to buy batteries for their smoke detectors anymore. =(
For a minute I was being very critical, of the stupid way they wasted their money but then realized most of us have made stupid financial desitions one way or another.
Papi Chulo Pokémon for me or my dad really
And we deserve to be criticized when we make silly financial decisions so, criticize away lol
Not on beanie babies
yeah like my t h o u s a n d s o f p o k e m o n c a r d s, r a c e c a r s, b e a n i e b a b i e s, b e a n i e b o o s, a n y t h i n g f r o m b o o k s a m i l l i o n t h a t l o o k s n e a t
@@ticket7161 Pokémon is still relevant.
Funko Pop Vinyl in a nutshell
That's how I found this. Researching funkos stock. A big deference to me is funkos licensing deals with marvel/ Disney etc.
they're over
fucknos are dead LUL
Funkos have never appealed, they are ugly as fuck.
feonixo I think they’re neat
Not even close Funko makes fully licensed toys for brands people actually care about. People actually care about star wars Disney game of thrones ect compared to beanie babies which are just stuffed fucking bears yeah no shit they aren't worth anything now😂
Always take profits.
Always be prepared for the bubble to burst, because it always bursts.
This time is not different.
About 18-20 years ago I bought about $2k of Apple stock. When it tripled in value I sold a some to “take profits”, when it doubled from there I sold some more. What I kept is now worth $130k. If I had not sold those two times I did it would be more like almost $2M. Taking profits is not always the best approach.
At a thrift store where I live I can get a bag of 15-20 Beanies for $1.00!
Garfield1980332 where....
.
..
Garfield1980332 Ausome
Na it’s .49 cents at mines they’re worthless now
I get one for onley 63 cents to this day i still love them...
Omg me too we got a couple of bags of them for 50$
This family shows a lot of character admitting their mistake to the public. Kudos to them and best of luck!
I recently bought three of my most favorite Beanie Babies (from when I was kid) at a local antique store for about 2 dollars a piece. They were in perfect condition with tags still attached!
6Fuhu?ni
They're still worth $2 a piece.
Imagine the work to individually sell 20k of em on ebay,, packaging costs on top. Wounded for them .
It's sad how so many people were fooled into the idea that something that was so mass produced would later have a high resale value. Nothing that is mass produced and mass collected like this will have a high resale value. I mean, maybe they'll eventually have some antique value one day, but that remains to be seen.
Probably never. Its a bit different with OG Pokemon Cards from the 90s When the crazyness started.
Pokémon cards are killing it in 2021. my base set Charizard is worth $25k now 🤣
@@mrn234 what separates pokemon cards vs Beanies or similar in terms of investment is Pokémon is backed by Nintendo which alone opens so many doors of opportunities for content, there are games, tv shows, collectors, trading and an actual competitive game surrounding Pokémon. Pokémon has a greater reputation and fan base history than Beanies. A piece of cardboard ungraded in 10 years remaining in Near mint condition is an attractive standpoint to collectors. When a Pokémon set is in print the market has collectors but mostly people whom play the TCG competitively; once the set is out of print collectors and investors also flock to the market. Kids from current generation that remain in the hobby will want to potentially purchase cards and sealed product that they didn’t get to buy when they’re were younger without an independent source of income of their own..
I got 5k for my peace bear and 700 dollars for patti the playtupus and Clyde the crab. You have to have certain ones
like bitcoin
I go into thrift stores and nearly all of them have laundry baskets full of beanie babies for $1.00 each. this hobby went very cold!
I'm gonna be rich soon. I'm just waiting for my collection of pet rocks to be worth something again.
Honestly if they were sealed mint kits they would be worth a bit.
Me too lol
Unfortunately, Meth rocks don't keep their potency very long. As much as it sucks, you'd do best to sell for a loss at this point, IMO. In fact, crystal meth is one of those investments where it's better to buy certified bonds from the dealer rather than the product itself simply due to its poor storage.
My backyard has them for free
Open a beanies museum. I'm sure people would pay to visit! Oh and i'm sure people would still pay 5-10$ for one.
"I'm sure people would pay to visit! "
Who? Who would do that??
"Oh and i'm sure people would still pay 5-10$ for one."
Lol, go search Beanie Babies on Ebay. They can't be given away for free.
Jeremy Kreis the same people that go to this museum thesaltandpeppershakermuseum.com/
Michael Elfassy
And who would pay $5-$10 for one? Go search them on Ebay. There are tens of thousands of them listed (mostly starting around $1) and I can't find any that have a single bid. They can't be given away because no one would pay the shipping cost.
+Jeremy Kreis Gosh Do you even know how to search ebay? If you look at sold listings on ebay, there are plenty of beanie babies being sold, most from 2-10 dollars. There are even one that have sold for a couple thousand dollars. I certainly don't think that his collection is worth that much but stop making misinformed comments.
Michael Elfassy Brilliant!
The family was well off to start with, just to afford these things and, today, to still have their nice home and branded clothes.
MartenFerret don’t you just hate those people better off than you?
I’m a little late to comment but it does seem like they lost their family. Mother and father have no rings and the mothers last name is different than the rest.
They use different names because of being in show business. I didn't notice about the jewelry but just wanted to explain about that. You can look him up, his career has been very successful.
@@BradShreds My ability to make observations isn't hampered by my income I'm not exactly broke, either. :3
The dad was a successful soap opera actor at one time. He was on General Hospital when it was at the peak of the whole Luke & Laura craze.
Yeah I think it's a joke you guys come on he's an actor
@@tennisball6793could be. They never show more than 100 or so beanie babies or open up any of those boxes
In a way, buying these toys was like a tradition for this family. And it sounds like they have some pretty good memories. I wouldn't say it was completely wasted.
I just bought 16 of them with tag protectors for 88 cents each at the goodwill just for the heck of they are pretty cute
lav1031 this is how it starts....
3 years later; how many do you have now?
I got 70 for $20 dollars on a bid
No beanie boos are cuties
Well, obviously one of their kids got into college, he made this documentary for a film class.
Then again, he was in film class, so...
Ouch.
This is exactly how baseball cards from the 80's and 90's were. I and other kids spent 100's and maybe even a few 1000 on cards that went totally worthless.
Yeah. Same with hockey cards. I bought boxes of Upper Deck, Pro Set, and Score Hockey back then for collectible purposes and now they're not worth the card stock they're printed on.
That era sure went quick didn’t it? I was lucky enough to sell everything right when they started going down. I had a few thousand invested and made about 3k so doubling my investment. I bought about a year’s worth of rent at the time.
GI Joe became collectible again after the 60's kids made it into the 80's. Stretch Armstrong is collectible. So is Atari 2600. The difference is, Beanie Babies were purchased for the sole purpose of collecting and so most will still be in mint condition years and years into the future. Vintage toys were played with roughly and many destroyed and discarded along the way, that's why old toys are worth something now.
The best things to the world of real collectibles were kids playing with their toys and Moms, grandmothers, and aunts throwing your shit out or giving it away....
@@dancalmpeaceful3903 - Indeed.
@@Fucknuts4u I wonder if their shoes that they have all spent millions on will EVER be worth anything? Haw, haw, haw! Yeah...right. Women's shoes are the BIGGEST con job EVER.
@@dancalmpeaceful3903 - And how about purses and handbags? Holy crap, they really reeled the dimwits in with that garbage.
@@Fucknuts4u Dude - I am with YOU 100%. It's amazing how they have most women suckered into buying that crap. Didja EVER try to sell clothes at a garage sale before? No one wants your old shit. The ONLY thing that sells, for ANY money at all, is young children's clothes...the rest, well hell, just donate it to Goodwill and take a write-off on your taxes. Whoops - let me take that back - OLD rock concert T-Shirts sell quite nicely. I get anywhere from $15 to $25 for my old ones.
Sadly, I can't see these ever going back up in value, it was a fad and now it's over, future generations are not going to care that much. It's not like a collectable tied to a lasting franchises, like Super Man, The Beatles, or Nintendo, or they don't have much historical significance, like election posters/ buttons.
larryinc64 You know what's funny, when I was younger I collected election posters and they're still up in my room. A great hobby as they're completely free. Who knows? They could be worth something one day, and even if they aren't, I haven't lost any money
larryinc64 Remember Cabbage Patch Kids?
+larryinc64 I feel bad for the local guy I knew who had an entire collection of Nintendo cartridges with cases.. problem is they're re-releasing the classic nintendo games on digital, eventually most of them will be ported over making any collection worth half of what it could have been.
+HermannTheGreat Digital smigital, I'd still rather have originals than some virtual copy. The same with digital photography, 50-75 years from now people aren't going to be able to access those so-called permanent images unless they have the latest technology, which seems to change every few weeks.
HermannTheGreat Digital releases do not effect the value of the original cartridges at all, if not very minimal. Emulators and Roms have existed for over a decade, any retro game can be easily downloaded and played, it may not be completely legal, but the people who just want to play the game can in other ways, and the collectors are the people mostly keeping retro games their worth, and don't care much for re-releases. I own Super Mario Bros. in around 15 different formats. I had it on Wii, then later got the cart.
For proof, look at Earthbound, the Wii U release has had no effect on the cart. Some 3DS physical games are selling more than the downloads, like Star Fox 64 or, at a time before a reprint, Zelda OOT.
It may effect newer games that are harder to emulate more. This is because the market of 'just want to play' and 'collectors' cross over, as the only way to play is the disk or cart. This is for mostly 3D games and other hard to emulate systems. A re-release is removing people who want it so the value goes down.
TL;DR - Re-Releases don't effect the cart's value much. Prices are still going up for most.
It's like Vinyl, a CD is not going to effect the value.
Lmao Funko pop collectors, this is gonna be you
Then Stanley cups by the thousands
Anyone else see the parallels between this and Breaking Bad? He even sounds like Walt.
Sad part is if he didn't get so greedy and sold them at the right time, he'd be a millionaire from them.
empire true. I know people who made a lot of money because they worked in cinemas and got access to hundreds of rare pokemon cards that were given free with the ticket for the pokemon film. One of them, who managed to collect hundreds of them waited 2 years before going to the local Comic Book Guy to get an evaluation. The CBG informed him that had he come at the right time it was worth several thousands dollar. By then it dropped to maybe 50$...
ghostdog7575 lol there worth about 6 dollars now. People like your friend flooded the market with them so now they are worthless xD.
I love how you capsized the words "Comic Book Guy" like that's the dude name or something. Do you live in Springfield?
+Fatblue246 joke is on you they're actually worth thousands of dollars.
i don't think he was being greedy. i think he just assumed that time would make them more valuable.
lmao "GET IN THE CAR, KIDS! BEANIE BEAR #62 IS ON SALE!" ...Probably the best quote of this film
Unfortunately just like the Tulip Craze.. From all I've learned about boom and busts the best thing you can do is try to sell along the way such as 25% gain, then more at 50% gain, then more at 75% gain, increasing how much you sell as the price rices if possible. Seems impossible to catch any boom at the top and most of us usually buy near the top or on the way down. So to protect yourself you need to sell on the way up and not worry about catching a top point.
I invested my kids' money in Pepes.
How rare are they?
+Wyatt Townsend I bet they aren't even that rare. Fucking normie.
I know how it feels to be surrounded by the thing that made you bankrupt. I’m stuck with a giant collection of hot wheels and now I work as a McDonalds employee.
I’m calling bullshit
I've been collecting for almost 33 years. I can relate to what you do. Thanks for sharing.
Somebody please change the battery in the smoke detector.
And this hoarder guy is the reason alot of kids never got beanie babies to play with...
Matt Jees which is why the market for them went up. But then Pokemon happened, and every kid wanted a toy Pikachu, Squirtle, or Charazard, you know, really cool looking cute monsters instead stuffed animals you can get at the dollar store.
Don’t try to deny it everyone. We all know why Beanie Babies went out of business.
@@issacflores2010 actually the market for plush was down because of video games and beanie babies brought it back up
More that when you constantly retire things people will get used to it.
That and when couple hundred thousand are sold, it's not rare anymore and the future demand for a huge number of "rare" items just isn't there either
(Esp when kids (future buyers) are sick of them bc of the adults)
Really strong piece, touched me as a (I hope) reformed collector and a person with family who have done the same.
Wait are NFTs just beanie babies?
At Least You can Play with a Beanie Baby .JPEG Not So Much...
There is nothing wrong with collecting Beanie babies if you enjoy having them, only problem is they collected them hoping to make money off of them not because they enjoyed them. Moral of the story "collect something because you love it, and enjoy it, not because you think you are gonna profit from it. I collect beanie babies also, I buy them usually for a dollar a piece or less, (a few I spent like $2 on) But I like them and understand they aren't worth anything
Even though the investment aspect totally backfired, I'm glad to see that at least this family seems to be holding onto some fond memories of collecting these things, and don't utterly regret having done so, although if they could do things over I don't imagine they'd not do this differently.
he's lucky his wife still stuck with him and that she can still find some humor out of their predicament
As a family we bought probably 20 of them at the most, thankfully. I would play with them, but I remember putting those little plastic covers on the tags "just in case" haha. It's a good thing I was just a little kid who didn't understand investments, and my parents didn't want to spend too much money on it.
Collectibles were all the rage in the '90s. Those were the days...
This is what happens when you turn an innocent toy for children into a greedy ploy.
NFT's are the new Beanie Babies.
Perhaps you'd like to hear about Bitcoin
Jason The Rock Blaha And beanie babies would have made them rich before the crash. But why gamble?
I hope you invested you would’ve been rich right now
Imagine 5 years later, bitcoin value now is high
Boy this didn’t age well
glaco Yes it did
When BB's were big on ebay I knew a guy that would have his friends bid up prices.
doing that shit with alot of friends until this day. When i sell something there that has some value and it looks like it would go too low i just write 2-3 people and we get it in the right area
That's called Shill bidding. Sneaky people do that
@@mrn234 that's what sneaky people do
I’ve done that before and had the buyer not bid anymore then I’m stuck with an item that didn’t sell and have to relist
Were you all just completely deaf and oblivious to the smoke detector low battery warning beeping throughout your mom's interview?
A custom granite kitchen with tile back splash and French cabinetry, yes. But no money left for new batteries for the smoke detector or college for the kids.
They talk about going "bankrupt" yet they live in a fucking nicer house than any of my family.
Hyperbole. Not literally bankrupt
Remember that Trump has declared bankruptcy multiple times.
I really want to see him get his beanie babies assessed!
This is a neat albeit unfortunate story about your family that I enjoyed many years ago. Still do today upon rewatching by happy accident. I hope things worked out for you all and the Beanies.
this is how we are gonna view vinyl and bitcoin in 20 years
Ryan exactly
Only vinyl
Nah, Bitcoin has gone up.
I think vinyl will hang in there...but not bitcoin....
bitcoin is not going away, especially with democrats making fiat less valuable with mass spending & stimulus cheques.
Breaking Beanie
Waiting for the Bankrupt By Funko Pops video. 😂
I think to really show the scale of this you should have shown us the beanie babies, or even just the "inventory" in more detail. Apart from that, I sincerely hope they come round again for your sake. Or you start a museum or something.
And now we wait and see whether crypto suffers the same fate
Notice that neither of the parents are wearing rings anymore. This probably ended their marriage.
The Onion: "Beanie Baby Collection Stares At Owner With 226 Cold, Dead Eyes"
This is classic bubble mentality. If you are truly investing you should understand and carefully consider all investment risks, objectives, and expenses. While historical performance doesn't guarantee future results there is a strong likelihood that asset classes will perform in the future similar to the way they have in the past. Historically stocks have outperformed every other asset class. If they had invested the same money into a DJIA Index Fund they would have well over $400k today on just capital gains much less dividends. Long story short: choose asset classes that have strong historical track records and have strong diversification.
I remember when I was little and me and my friends were really into Beanie Babies, but we also played with them, not just mindlessly collected them. Kind of annoying how adults have to ruin everything and blow it out of proportion thinking little childhood fads are going to be worth millions someday. Adults would get nasty about it too. Picked up my aunts beanie baby when I was little an she was like DONT TOUCH IT!
I also remember offering to trade a retailer one of my beanie babies for one that he had and he was like "Are you kidding?? I could get 12 of those for this one...". I could now buy that beanie baby for 7 dollars on ebay if I wanted. People were just retarded.
Kind of a similar parallel w squishmallows now. They’re not worth anything, but scalpers seem to think so. It’s terrible for those who just want a stuffed animal because it’s a TOY not a collectible.
@@Perihelion0102 I “collect” beanie boos and squishmallows cause they’re really cute not because I wanna sell them, Pokémon cards on the other hand I actually collect and I enjoy the hobby
This family is one of many THOUSANDS of families across the US who were doing the EXACT thing.
Not sure how i got here i was watching makeup tutorials on how to do a Bratz makeup look so i could do it on my daughter for Halloween and now im here.. thanks UA-cam!
They HAVE to have Bryan Cranston playing this guy in the movie.
There are still beanies out there that are selling for hundreds of dollars. Those however are the very very early ones no one bought because the craze didn't start until about 95 96.
What a beautiful documentary! It's so good, my guess is Chris has spoofed us with a wonderful take-down (in a gentle funny way) of the documentary genre itself. I want more. The wife is fantastic as she describes spending weekends putting tag protectors on....excellent!!
The editing and pace, the vibe, everything!
If only they invested in Gold instead.
Bitcoin?
Gold doesn't lose value you dense fool.
@@SpanishDuck bitcoin released in 2009, this guy been collecting for decades. How can he invest on that if it didn't exist. Gold definitely a good investment
Google or apple's stock
Gold 100% loses value. It doesn’t just stay the same or go up. Sometimes it goes down for awhile. In 2011ish it was $1900 ounce low it’s around 1,500 ounce.
There needs to be a follow up video in 2039 because of the "we will see who is crazy in 20 years" I'd say by then they will be going for the same price as they are now
This guy is like the nerdiest version of Walter White
I bought a trash bag of beanie babies at a flea market and gave it to my younger sister for her 30th birthday. She was obsessed about them when she was younger. Had the value books and everything.
I really enjoyed watching this documentary. Hey, if it makes you feel better my Mom used to scope the various pharmacies for her medication addition, which she had in the '70's....way before prescription drug addiction was a topic for the evening news. I think your family went through an addiction episode just like mine and thankfully both were legal. Hopefully the beanies can be sold at some point, or at least provide a life long supply of Christmas gift swaps for the grand kids. Using it as a subject for a college project documentary is brilliant move. Good for you and good for your family.
Open your own Beanie Babies store
Him opening his own Beanie Babies store would just put him and his family into more financial ruin. The problem here is that this dad got caught up in a huge craze of the 90s that had a huge demand at the time. However it does not have that high demand now. That's why he lost so much money, he bought them by the truck load than, thinking they'll be worth a ton in the future. Now the future is here and he can't make sell those Beanies for a third of what he paid for them.
J491 yea
Probably part of it was OCD as well...maybe not clinical, but the whole excitement of the hunt and the chase...the fiction in the back of you mind these will be worth something one day.
People collect crazy things and spend HUGE money on it, this is just one example...i do remember this era though, I always thought it was bonkers these things could be worth anything. Of course I was 17 at the time so what the F did I know ;)
Ya I don't think it's mental illness, OCD is just that, I don't think it's technically clinical, if it is I definitely wasn't using it in that context. I know a few people who are "ocd" and I wouldn't call them clinical.
You are right though, there are a number of complicated reasons I'm completely unqualified to diagnose ;).
I also wouldn't hold anyone against anything they did because of it (unless it harmed someone else). People are complicated as hell and I can't even begin to pretend I understand how their minds work.
OCD is a mental disorder that involves fulfilling compulsions to prevent something horrible, often imagined or fantastical, from happening. This was NOT OCD.
Just a good Dad with good intentions who got a little obsessed. He didn’t put up boundaries and things went a little too far. It happens.
Something so touching about Dr. Rick Webber being such a sweet dad. Very nice job on the film. Best of luck to the whole family.
I was REALLY into BB as a kid from 8-10. Neighbors would give me BBs for yard work or pet sitting. I remember finding out which stores would release the BBs. My friend's grandmother would take us to "Beanie Baby Conventions" & I'd get in free as a kid. Now, while it sounded like a stupid hobby, I probably made about $1,000. Luckily, my parents required that I'd put 75% into my savings account. As a kid, it was fun for a while. My parents only paid for the first few & I'd trade up or sell.
Well its been 9 years
Beanie babies are like crypto. Either you're an early adopter, or you're a sucker.
What a lovely documentary! I thoroughly enjoyed it.
So they lied and scammed their way into buying more than allowed, knocking other collectors out of a chance? Karma.
90's baseball cards are pretty similar. They were so mass produced that they're really not rare. People have tons of them thinking one day they're gonna get rich.
I remember when beanie babys were popular. People would always say "They're going to worth a lot one day, so it's worth buying them." I feel bad for this family, maybe they can get some of that cash back with ebay. It's funny how he did this to pay for his kids education, but if he had spent $100,000 on beanie babies, didn't he already have the money to put his kids through college? He's a good dad overall! :)
I had a friend whose mother and father jumped into the beanie baby craze, they took out I think like 80-90% of the equity in their fully paid off house and put my friend's college fund into buying beanie babies in bulk, their house had rooms full of boxes of beanie babies. This reminds me of being over at their house.
That was a good documentary or mock-umentary! The editing was superb and the contrast in styles between the charaters as they each spoke about the same things was refreshing. The candor of the people concerning the subject was enlightening in that they weren't talking to the "camera" but rather it was about the relationship between interviewer and subject. This video demonstrates the interview as a magnification of that relationship. Bravo!
Never ever collect anything for an investment never works out
It can work...but it's tricky as hell. You have GOT to be very clever..and VERY shrewd....and very attentive to the trends. Best to just collect what you love and expect to NEVER get your money back.
look at the current price of sports cards.....
@@Jonfishman5624 You are very much correct - sport cards are making quite a comeback and I'm seeing really high prices and climbing. This is a GREAT time for any old collector to sell and make some good money.
@@dancalmpeaceful3903 hopefully those old collectors have vintage cards and not 90's junk wax. The high end vintage cards have outperformed most stocks over the years.
Try looking at Pokémon trading cards.
Sincerely filmed. I'm just glad that your brother and you have grown up without any animosity towards your father. For that alone I think it was worth it. Good luck, see you in 16 years!
Fascinating thanks for making this Chris!
he looks crazed, bitter and disillusioned
My family just went through our beanie babies. We probably had a couple hundred, and I saw fit to hang on to three of them. A dragon (I'm big into Dungeons and Dragons now), a Rooster (My Zodiac sign), and an inch-worm (Which was my favorite as a kid). Just a little reminder of what once was...
reminds me of buying all these Lego sets thinking one day I could resell them n get the money back….😅
Depends... You Got Lego Soccer Bro ?
so this is in 2009 . Now they are worth even less.
Where do you go down in value from $0? Do you now have to pay people to take them?
Like all those people paying $10,000 for tickle me elmo, go see how much they are now...
What was so special about it that made people pay that kind of money for it?
Wow, his ties in directly to a song I wrote for my first CD, Songs About Stuff. The song is called Beer cans and Beanie Babies.
Can't be completely bankrupt. He did have a sweet "Bankrupt By Beanies" shirt made.
He could turn each beanie baby into an NFT in a beanie baby collection and become a millionaire
Just want to add in all seriousness that showing this to someone who has a similar problem might just help them snap out of it before they lose all of their money to a spending/collecting/hoarding habit like this. I know it sounds silly, but if they won't listen to hints, being direct with something like this might work.
Thank you so much for creating this
When I found out about the beanie babies I wondered whod buy into that
Apparently it's the same people that aren't bothered by a beeping fire alarm
Jokes besides I feel for everyone who lost that much trying to do good
At least they're more tangible than any NFTs
Now can't even afford smoke alarm batteries...
The real crime here is the Comic Sans
this is great, I can totally relate to this! It was such a thrill. Beautifully constructed I have a composer that would add a melody to it...this should be at festivals!!!
If Pokemon made a huge comeback. I think these will too. Good luck to this family. I'm sure the dad had good intentions. I hope he manages to make millions
Same thing happened with collectible Barbie. In the 90's, Barbie was a great investmen (so they thought). Now, you buy most of them for a lot less than their originally price.
He's blaming the kids really?