Making Money in Collectibles Master Class: Flipping, Speculating, Investing & the Markets!
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- Опубліковано 8 лип 2024
- Welcome back to Reserved Investments! This is one of my most important videos on this channel! In this video we discuss and define the differences between flipping, speculating, and investing as well as review some strategies you can employ when investing in antiques or collectibles over the long term. We also review several antique and collectibles markets that are ripe for long term investment.
Link to the article I wrote on the optimal collecting grade: courtesy of Antiques & Auction News:
antiquesandauctionnews.net/ar....
Email for Antique/Collectible Consulting Services: ReservedInvestments@gmail.com
Patreon: / reservedinvestments
Disclaimer: Videos are not intended to provide investment advice. Speculating and investing in the antiques and collectibles is inherently risky. You have been warned.
I promise that as of now, my work will continue. For I am still among you... ;) - Розваги
This is one of your best videos to date, and should be pinned to the top of your channel.
I encourage anyone hoarding modern era collectibles to take just a third of its unrealized value and follow Reserved Investments advice by putting it in an S&P 500 Index Fund… I can almost guarantee within a couple years of watching your Stock Market investment constantly working for you while your Elite Trainer boxes collect dust, you will have a financial mindset paradigm shift.
Agreed the older comics. The vintage Pokémon. The old limited coins and collectibles hold their value over time
Sean is the only guy on collectible UA-cam that preaches speculation vs investing. NO ONE ELSE IS EXPLAINING THIS!!!!
The kids are confused as they think Gamestop and Koss is investing because it's a stock. Today's man baby thinks following what some clown posts on twitter named Kitty is investing. Stuff you'd expect to see on the pink sheets has become mainstream.
Yes this comment ⬆️
Probably because they don’t understand Rule 72
1) Buy sealed video games
2) Lose money
3) Buy more sealed video games
4) Lose more money
5) Buy the dip again
6) Get frustrated and liquidate everything
7) Market pumps again, buy in at the top
8) Market was manipulated and crashes again
9) Cry and just buy s&p funds
Somebody is keeping it real lol. 😂 I felt that..
I collected nes games in the late 90’s / early 2000’s. Picked it back up in 2016.
Sold off about 95% of my collection across 2021-22. Made a killing. Put most of it in the stock market. Mostly S&P but also spread some across Apple and other big companies.
And I kept all my favorite nintendo games.
Very happy with the decision.
an over 20 min vid by Shawn.....You know it's going to be good.
Power is out in my house. Watching this at the gym thanks Shawn :)
been with your channel since day dot, your advise has secured my goal to striving towards a financially free future. every pound i invest, is a pound i am using to buy my financially free future. thank you.
Welcome!
Yes another one! So thankful for your insight in this crazy speculative collectible world.
Flipping is the best way to make easy money. Don't speculate & hold on to items for too long cause once the new shinny toy or card comes out everyone will buy into it.
100% right,always take profits to regain your initial cost, then you can letthe rest sit ❤. No one ever failed taking profits. I think people get caught up in the hype. Thats why 90% of people buy at the top. Its funny how that works. Good show, fabulous information for anyone! A+++++
You’re one of my favourite UA-cam channels to watch. I get so excited when a new video drops
I’ve watched tons of your videos but for some reason the things you said in the last couple minutes stuck with me. For some reason I thought the idea of dealing with collectibles was to take profits and roll it into other collectibles ad infinitum. But makes sense to reallocate profits or a portion of profits to more reliable long term investments (the market).
Thanks for the video Shawn. I appreciate your content as a reminder to curtail my tendencies to be a TKP.
Sean this video is truly a treasure. I lament that so many wolves in sheeps clothing are hunting for Timmy's to lead them astray. Money isn't everything but if you can avoid scams and bad investments it will help you be more financially stable. I want to see people getting hyped collectable finance, not the hype driven UA-camrs. Well done Sean, well done.
Don’t forget poindexter 😂
Amazing content 🤝
Superb advice (again); I hope your KTPs (Kimmies/Timmies & Poindexters 🙂) are listening……. Good video - thank you 👍
Well explained. I am a vinyl record collector, I flip, I speculate, I invest. That's how you finance your hobby....
The OG scalper/reseller I love it haha
Best video so far, I really enjoyed this one! Great job Sean
I had a decent collection of vintage football cards in 1988 / 1989, pre 1970 cards with rookie stars and semi stars. I sold the entire collection because I saw the dip coming. I made money at the time. The market softened, and today it has recovered to the point of 1989 levels
How did you see the dip coming?
Shawn thanks for all you do bro.
Great Video really enjoyed it, keep them coming
GREAT video!!
Interesting that around here (north carolina), a lot of the collectible shows are a WEIRD mix of older gents with very old toys, dolls, games, and hot wheels and younger guys mostly with comics and CCGs. Will be interesting to see what happens when the older crowd goes away. Generations are going to change the bellwether here and I have no idea what that looks like.
It is going to be a blood bath for certain collectibles...
Sean has mentioned it before, but if you want to know what will happen? Just look at Pez, Lionel Trains, or wind up toys from the 50's. The younger guys will become the old guys with stuff nobody want's.
Finally going to be able to get hot wheels and full metal toy trucks for cheap.
excellent breakdown :)
Great content as always, thanks you!
Best spec in collectibles i did was in sorcery contested realm. Then became a player and collector if it. So good
Thank you as always for sharing.
Thank you once again...
I flip speculate and invest in real estate. The flipping has been pretty good for short term gains (and taxed highly)
The speculation has been great and somewhat hit or miss
The investing in real estate long term fundamentally by increasing value through improvements has been a game changer, life changer
A lot of people thing flipping is speculation. But really you know the short term after repair value of the house and it’s sort of an arbitrage not speculating that value will just go up due to short term market shift. This is difference between speculation and flipping. Flipping can be more calculated if you know what you’re doing
@13:25 - Believe it or not, I've seen sellers on Ebay selling GRADED factory sealed 4K UHD discs (and sometimes Blu-Rays)!!!
It kind of makes no sense, considering the 4K or Blu-Ray was meant to be viewed, and not stored away completely unseen. But then again, that's just my opinion.
God bless you
Master class
Nice Video. I will borough some of your explanations for my own video ;)
Yeah, that seems to be an ongoing thing. A lot of UA-camrs generate ad revenue by using my material. lol. 😉
@ReservedInvestments At least I translate it in into german language so you did something good for a lot of people 😉
I don't think the volume available matters too much. Like I've said before there are tons and tons of Twilight Princess HD for the Wii U available yet people still list it at $90. People often only go after the slightly cheaper ones because the $90 ones are driving the prices up even though no one is paying that much.
Thank you very much
You should note that in the last 18 months the return on the S&P 500 has been 47% and just this year has been 18%. Add in dividends and you're over 50% in 18 months. How many antiques and collectibles since the covid pump ended have gone up 50% the last 18 months? My guess is not many.
It’s sad, young investors/ speculators don’t seem to understand investment cycles. It will be difficult to sell your collectibles in hard economic times (usually when the most people want to sell) nobody but millionaires have money to spend, and they tend not to pay premiums in down markets.
Anyone who doesn’t understand what I’m saying, you will when that stale donut hits you in the face.
Some people got hit being in stocks in 2000 and 2008
No, if they simply bought and held an index fund, they didn't lose a single dime. Always remember, the only people who get hurt on a roller coaster are the ones who jump out of the car while it is moving at breakneck speeds. If you don't sell an index fund when the market is low you don't lose money and the index fund will recover as soon as the market does. This is why indexing is much better than buying individual stocks. Much less risk.
@@ReservedInvestments is that same thing buy and hold in crypto. In 15 years from now. These crypto will make you multi millionaire by holding long term. If you do dollars cost of average of crypto. It is like buying stocks or index fund every week for 15 years. In 15 years from now. You will became multi millionaire just less than 15 years compare stock. It takes 40 years to became millionaire compare crypto it will only take you 5-15 years in crypto to became multimillionaire.
@@ReservedInvestmentsproblem was the people that needed their stock money like retired people, people sending kids to college and people that lost their job.
Sure there was panick selling, but not everyone had the luxury to hold their positions.
UA-cam unsubscribed me from your channel, it seems google fears you shawn.
It happens. The algorithm sometimes gets mad at me…lol.
But Sean, you don’t understand… in all seriousness, looking at the supply side of graded items is obviously important, but you also have to assess the demand side. There aren’t as many 3 cent nickels graded as Morgan Dollars, but the demand for them is also significantly lower.
Covered this many times before…
What do you think Kevin Costner western movies. It is the biggest movie flop of the year? How does it affect the western collectibles items? Is it dying category?
Well he turned a two parter into a 4 parter and forgot people still need an engaging plot with conclusions or similar each movie.
Westerners lost most of their appeal decades ago.
Great video. When considering OCG, I have 2 questions: 1) can a collectible (e.g. comics or coins) have more than one OCG where multiple grades trade at a discount to the next grade above it? 2) is there a general rule of thumb as to how much discount (as a %, e.g.) needs to exist between grades to qualify as an OCG? Thanks.
No and no.
@@ReservedInvestmentsthanks for your quick response. A followup: you mentioned in your video that an OCG is one where there is a deep discount relative to the grade just above it. What do you consider a ‘deep discount’?
@@timreierson26 I think a good rule of thumb is you look at the prices and think, "wow that's a deep discount."
I have no problem calling my items in my spare bedroom a speculation instead of an investment.. i cringed anyway when someone called it an investment
Great time investment of beanie babies now. Price cannot go down forever. Beanie babies hsve a huge upside now. Since most people throw their beanie babies now. Remember people throw their Mickey mantle rookie card. Now it worth a lot of money now. Beanie babies will end up the next Mickey mantle rookie card now. Since less supply beanie babies now and it worth a lot of money in the future.
😂
Mickey Mantle cards didn't even go nuts until the later 70's. Plus there's another reason 52 Mantles are so rare. It was included in the high series packs that came out in the late summer/early fall. By then a lot of stores didn't even carry high series as kids were onto football cards by then. Therefore the print run is even lower than the rest of the 52 set. 52 common cards are more valuable too because of this.
The beanie baby market is pretty stable from what I've seen
Pro tip: buy limited edition Warhammer 40k books, thank me in 3 years
I HAVE A QUESTION. FIRST I WOULD LIKE TO SAY I LOVE YOUR CHANNEL. SO CAN I PUT $800 IN A INDEX FUND AND LEAVE IT 15 YEARS AND HAVE 20K AT THE END..
That’s an oddly specific amount and question. 😳
@@ReservedInvestmentsI'm guessing there's one specific item that cost around that and sold for that 15 years later.
But what are the odds someone picked that exact thing to buy and rarely use to sell?
Poindexters😂😂😂😂
I think you should be more specific when talking about an S & P index fund, as some funds are weighted by market capitalization and others are equal weighted. Right now the most popular market capitalization S & P index fund is SPY, and technology stocks make up just under 40% of the fund, and most of that weighting is in the Magnificent Seven stocks, so you’re not really diversified in this ETF. You might as well buy a technology ETF. Also, as you have mentioned you should sell around the top, and technology stocks have been on a fantastic run for years. Perhaps, it’s time to sell or at least trim them back some. However, with SPY you’re stuck with a heavy exposure to technology, as such an equal weighted fund may be a better choice right now.
@@moose10661 any s&p index fund is better than 70-90% losses
I actually disagree strongly here. Do a study on the S & P and you will see that literally going back all the way to the mid-1990's, with few exceptions, the S & P was always top heavy in tech (just not as much as today). As such, it really doesn't matter. Any stock based index fund that has large cap stocks in it is going to most likely be heavily weighted in tech unless s of course if it is a non-tech sector fund (i.e. REIT, healthcare, energy, etc.) People have been complaining about valuations for decades now. I remember when Microsoft was selling for around $20 a share after the dot com bubble crashed and people told me it was overvalued. AI is not equatable to what happened during the dot com era, even though the market is very frothy (I'll gladly acknowledge that). Anyone looking to invest for the long term who has 15-20 years or more, should easily consider an S & P index fund in my opinion and the opinion of many others. Could it fall in the short term? Absolutely, but we have been due a recession for years now...that should not affect the buy and hold long term investor in the slightest. Just my two cents.
@@ReservedInvestments Granted the stock market is a different market than Antiques and Collectibles, but doesn’t this go against your basic philosophy of buying things cheap and selling when they are dear? At some point there will be sector rotation out of technology. My guess is a new bull cycle in commodities will take over the top spot, and I think it will happen sooner than later. This is part of an article from J. P. Morgan Asset Management that was published in February, 2024:
‘In 2024, we do not expect a reversal in big tech, but rather a broadening out in market participation due to valuations and profits:
Valuations: In 2023, 68% of S&P 500 returns were attributable to multiple expansion, leaving valuations somewhat rich. The S&P 500, which is market-cap weighted, is about 26% more expensive than its average valuation of 16.2x back since 2009, while the S&P 500 equal weight is only 5% more expensive. From a valuation perspective, there may be more room to run for a broader set of stocks. In addition, profits, which are estimated to grow by nearly 11% in 2024, should be a key determinant of returns this year.
Profits: Last year, the Magnificent 7 essentially drove all the S&P 500’s returns and profit growth, with profits up an estimated 31% in the Magnificent 7 in 2023 compared to profits contracting 4.3% in the rest of the S&P 500. This year, that leadership should broaden out, with 39% of profit growth projected to come from the Magnificent 7 and 61% coming from the rest of the index.’
They also have an interesting chart in the article comparing when the equal weighted S & P index outperformed and when the market weighted
outperformed from 1990 to 2023. It was about equal between the two. A link probably won’t work, but if you Google “J.P. Morgan asset management “Market Cap or Equal Weight” article Meera Pandit” it should come up.
Granted the stock market is a different market than Antiques and Collectibles, but doesn’t this go against your basic philosophy of buying things cheap and selling when they are dear? At some point there will be sector rotation out of technology. My guess is a new bull cycle in commodities will take over the top spot, and I think it will happen sooner than later. This is part of an article from J. P. Morgan Asset Management that was published in February, 2024:
‘In 2024, we do not expect a reversal in big tech, but rather a broadening out in market participation due to valuations and profits:
Valuations: In 2023, 68% of S&P 500 returns were attributable to multiple expansion, leaving valuations somewhat rich. The S&P 500, which is market-cap weighted, is about 26% more expensive than its average valuation of 16.2x back since 2009, while the S&P 500 equal weight is only 5% more expensive. From a valuation perspective, there may be more room to run for a broader set of stocks. In addition, profits, which are estimated to grow by nearly 11% in 2024, should be a key determinant of returns this year.
Profits: Last year, the Magnificent 7 essentially drove all the S&P 500’s returns and profit growth, with profits up an estimated 31% in the Magnificent 7 in 2023 compared to profits contracting 4.3% in the rest of the S&P 500. This year, that leadership should broaden out, with 39% of profit growth projected to come from the Magnificent 7 and 61% coming from the rest of the index.’
They also have an interesting chart in the article comparing when the equal weighted S & P index outperformed and when the market weighted
outperformed from 1990 to 2023. It was about equal between the two. A link probably won’t work, but if you Google “J.P. Morgan asset management “Market Cap or Equal Weight” article Meera Pandit” it should come up.
Check out the famous 2008 Warren Buffett open bet with hedge funds. It makes no sense for the average person to try and call market tops and bottoms, be it for a single stock, sector of the economy, or the entire S&P 500 index.
Do you love Nintendo tho?
Are you new to this channel? Watch some of my videos and the answer will become clear.
Only invest in Jordan and Kobe, you can’t go wrong investing in the goat 🐐🔥🔥🔥
Invest in the goats 🐐.. Michael Jordan and Kobe and you won’t go wrong🔥
This video is an insult to the PEZ community
To be fair, the PEZ community is a small and shrinking community nowadays any way... ;)
@@ReservedInvestments I've no idea if it is or not! 😀 Pawn stars reference