Rudy: Most people starting out will use binders and those white cardboard boxes and all that. Me, organizing my cards while watching the vid: Why you gotta call me out like that?
Pretty ridiculous though, to say get a house first before investing in magic...how would you get the money for real estate in the first place if not by investing in cheaper assets first?
@@WinterblastHalls Fair to say if you have a house, youre deeply in debt with a mortgage so investing doesn't really make sense either way. A risk is a risk, but on average apartment fires do happen and you have no time to collect boxes on the way out.
I literally had this conversation with a shop yesterday about the safe/vault and it’s quality. You guys with products of value in a sentry safes from Walmart may as well leave them on the floor. Please take the advice Rudy is offering!! Me - a locksmith of 18 years.
@@thedarkness125 Sure they can lol. By that logic, anybody can perform surgery, and they pay doctors way too much to do it. Lockpicking isn't a basic skill.
Mountain Dew has fire retardant in it; I just pour mountain dew all over my sealed boxes and stick it under a bed; keep some fresh Dew on it every 3 months and you're good ;)
fsmoura if you drink enough mountain dew, the short term memory loss lets you get over that pretty quick;) you know about the short term memory loss, discovered when Halo 3 Gamer Fuel launched back in like whenever that was; dudes brought a buddy in who was marathoning Halo with Halo Flavor Mountain Dew and he had to be brought to the ER cause he was panicing over his memory going or something; I drink that much daily so, it's just a fire retardant by the time I am moving boxes, forget it's even a drink;)
I've been watching this guy for YEARS. I have no idea about any of the cards he deals with and collect none of them. I just find him fascinating to watch! Really cool and informative guy.
the safe makes so much sense. i've heard SO MANY stories of stores that have gone under because someone broke in, broke the glass case, and stole all the high value cards.
That's always been weird for me. If I had a shop I'd make sure to have it in the building I live in. Now that is thinking with portals. The security and savings is through the roof.
Rudy, you want media/data safes. The insulation in a standard gun safe will protect against a fire, but will also release a ton of moisture onto all of your cardboard in the event of a fire. That precious cardboard will be effectively stuck & melted together. Get a safe for media storage which will protect from both fire and be insulated to also keep humidity in check. My 2 cents.
I saw Rudy from Alpha Investments at a grocery store in Jacksonville the other day. I told him how cool it was to meet him in person, but I didn’t want to be a douche and bother him and ask him for photos or anything. He said, “Oh, like you’re doing now?” I was taken aback, and all I could say was “Huh?” but he kept cutting me off and going “huh? huh? huh?” and closing his hand shut in front of my face. I walked away and continued with my shopping, and I heard him chuckle as I walked off. When I came to pay for my stuff up front I saw him trying to walk out the doors with like fifteen Milky Ways in his hands without paying. The girl at the counter was very nice about it and professional, and was like “Sir, you need to pay for those first.” At first he kept pretending to be tired and not hear her, but eventually turned back around and brought them to the counter. When she took one of the bars and started scanning it multiple times, he stopped her and told her to scan them each individually “to prevent any electrical infetterence,” and then turned around and winked at me. I don’t even think that’s a word. After she scanned each bar and put them in a bag and started to say the price, he kept interrupting her by yawning really loudly.
As I get closer to opening my own shop I love coming back and watching videos like this. Important food for thought as I plan everything out. Thanks again Rudy
I always budget 10% of whatever I spend on security. If I can afford $10,000 for cards then I can afford $1000 to secure those cards. Sometimes more depending if that security has regular upkeep...
Rudy forgets to mention having traps like knockout gas, poison darts, pressure plates, laser beams, huge boulders and man eating crocodiles surrounding your magic collection too.
Very good advice. I appreciate the bit about insurance and how difficult it is to basically not have a corporation screw you in the end. Protect your house in case of the end of the world, for specialized things like Magic, do your best to protect it in a security vault, get cameras, keep Mother Nature out, so on. I had the same thought processes when I bought my first house and stored my expensive collection.
Agreed, glad you were able to address this Rudy. Covering opportunity costs, storage space, storage costs, securities costs, etc. Is something that your average viewer does not consider. I actually doubt your average Patreon member considers the related costs. When people bring up the single card (RL, graded Alpha) vs sealed product, many people don't consider all the costs to compare apples to apples. For me, my restriction is 1 closet in my office for all my collection (graded, EDH, Legacy, Modern, etc.), as the wife doesn't care about the unregulated, uninsured returns I have gotten from MTG cards that can be stolen or burned in an instant (yes, even a 2 hour fireproof safe has issues). So I collect graded Alpha and graded Reserved List because it takes up far less space than sealed product and is way more fun to show my MTG friends. MTG investments have been good overall for many of us, just different restrictions for different people.
Amazing life advice sir. From one once upon a Tampa Bay, it used to be nothing to live comfortably in FL, but now - cost of living has surprisingly skyrocketed. Pensacola to Jacksonville, North FL has also gone up dramatically. Stay safe and financially sound, strange days lie ahead.
Pokemon collector here. Dude you vids are perfect. Great information! It's crazy how far this can go. My only issues is I'm just starting to collect at 30. I don't have my cards from 20 years ago . Moved around my entire life with divorced parents . My life didn't set me up for this .
Love these videos on how to store cards and BBs. Can you also talk about humidity and other stuff to factor in for short/mid/long term storage? Should we use silica gel packs ? Thanks!
On top of all the sneaky sub limits, exclusions, endorsements, and general lava claw reach arounds in an insurance policy, everyone should also remember that the whole point of insurance is to make the group facing the risk pay more to cover their risks than the risks actually cost if they occur uncovered. So if you and 1,000 people buy magic card policies, they have a formula to figure out the average number of those collections that will get wiped out, and you'll all pay more than that would cost to replace. In other words even with no security and a policy that will actually cover you (haha), there's a decent chance you're still financially better off just rebuying your whole collection if it's destroyed than you'd be having the policy. This is why more and more policy types are trying to get the government to force you to buy their policies, because the policies on their own merits simply aren't worth buying.
Thank you Rudy, whenever you choose to part ways with UA-cam just know you inspired a lot of collectors to stay the fucking course ❤️ love from Mickey Mouse Town
I'm a small business owner, so I speak from experience. Rudy is giving everyone here a master class in how to run a successful business... for FREE! You guys better be paying attention.
I appreciate the video mate! Honestly you mix the world of Magic (that i love) and the investment finance industry that I'm learning for a career so keep up the good work!
Liberty, Fort Knox, and if you're on a budget Cannon are all good safes. Definitely bolt them down. Don't keep your safe by the window or on the ground floor if it can be helped, because a tow strap and a truck will pull it out. But also remember that a safe can be defeated quickly with a harbor freight angle grinder.
Most LGS around me IF they have a display case with expensive cards ($75-100+) do NOT even take them out of their safes to put in display during business hours. They stay in their at all times until somebody wants to look at one. The display case just has jewel cases with printed photos of the cards + price and condition. This seems to be the ideal approach: although it means in order to show even 1 card from safe you gotta open it. So EVERY owner of an LGS should be concealed carrying IMO. That way if somebody tries the ol' armed robbery you're packing and don't lose your stuff still.
I had actually been going back and forth on the idea of insurance on my collection for a while. I don't invest though, just my own personally on hand collection but its good to hear your thoughts. It made me think a bit more on this front.
There are other reasons for not making an insurance: - Too high prices for the insurance, the same with a safe at the bank. It costs you only money. - If something happens the insurance will try to rip you off - The insurance wants every 3 months a list of what you have. With that list they will rise and rise your monthly payments. - There were several cases in the last decade where the insurance man is a thief, but he checks it out and sends you his crew to empty you. Hollywood made films about that, so why show an unknown person all the wealth you have? - The insurance wants for example when you have over 5k of Silver/Gold Coins at home that you have to install an Alarm System. That will cost you also extra money on top every month. - The insurance will say that at a specific point you have to rent a better/more secure place or they will raise/cancel the contract. Over all in out times it makes no sense to make an insurance contract. You will lose in every possible way. The best thing is to secure it by yourself and don´t tell people/show pictures of the amount of stuff you have. This is like holding up a sign "Here is something worth it, come and try to get it." What no one knows, won´t bring any trouble in the house.
Great video. I stack gold and silver, and would give the same advice for safes. Big ass bolted safe is the only way to go. Home owner's insurance doesn't cover precious metals either.
Yeah. Tell that to the 17 year olds who bought Bitcoins in 2011? Sometimes a little bit of speculation goes a long way. I'm not talking Rudy style invests, but a small hundred or two a month is no different than throwing it in an IRA.
You might want to invest in a dog at some point. Even if it is tiny. If they smell their owners fear they will react and they don’t understand guns. If you collection gets big and you don’t need to access it right away invest in time based doors, which open after 24 hours (obviously with a second key). Invest in security that shows up if you don’t call them prior to opening your safe. Rule number 1: never tell anyone how much worth you have stacked. The good thing is you cannot liquidize large or exotic collections easily, so rudys collection is worth at least 10 times more to him than some oceans 17 crew that have to find a buyer for the whole crap.
Aww 😒 i thought there might be some sort of Easter Egg at the end. Some seconds of black screen at the end is always suspicous 😂 like a fast and short "gigitty" 😉
Not bolts, wedge anchors, you could use epoxy and concrete bolts, but wedge anchors are 100 times easier. Most G word "safes" are garbage, lots of fancy carpet and paint where you could get a AMSEC or other TL-15 for similar money. As far as insurance, if you are paying $100 a month for a collectors policy you are getting hosed. 50K of collectables insurance should run about $30 a month, this is from an A rated insurance company.
Rudy hit on a very important subject that I feel should be talked about more. If you are in a situation where it would be very taxing on your income or living situation. Do not invest in magic cards. Seriously work on yourself. Build up your savings. Start a 401k or IRA. Get a stock portfolio started. Go back to school or learn a trade. Work on yourself! Magic is a great product and game. Nothing else like it. I love the game as a player and I enjoy doing small investments (around $10,000) of sealed product. But I didnt do this until I first finished my degree, bought a house, and started a retirement plan. Please take yourself seriously and invest in yourself before you invest in magic.
Yea, Im prettty sure the owner of my LGS lives directly above his store. Its a converted house where the entire main floor is a self contained unit, with a seperate-entrance apartment upsatairs. An inside job, at a warwhouse type place is prob going to take at least a half-hour to pull off. Thats assuming the crook has a pretty direct means of entry, and knows where the pallet jacks or forklifts are stored. Even at that they'd have to be hustling, it would prob take closer to an hour to pull the job off to the point where youre driving away in a loaded cube van high-fiving your friends that you just ruined little Rudys college fund...
Recently a burglar tried to rob the place I work at, they failed. But now I feel like I want to know some Rudy stories of him going full SWAT with a shotgun and his floppy lucky taco hat on a pauper thief.
8:23 Thought for sure Rudy was going to say, "There's two types of risk, mother nature and mother f****rs."
You can see the wheels turning because he was going to but he wants to keep his stuff monetized.
More quotable than Samuel L Jackson
Rudy: Most people starting out will use binders and those white cardboard boxes and all that.
Me, organizing my cards while watching the vid: Why you gotta call me out like that?
Hey man, we aren't to the point of fuck it I need shelves lol
"Two types of risks... Mother Nature and Mother Fuckers."
And the mf'rs are worse
perfect (hearts)
Funny on at least three levels. Well done, Felixxx9.
I WAS THINKING THE SAME THING!
Just imagine how much more security Rudy has on his taco collection.
We're the government goes when fort Knox and area 51 are to public
Rudy: "The sun will give your cards skin cancer."
That's why I avoid it at all costs.
@@fsmoura don't worry about cancer. Go outside and talk to some girls.😀
REEEEEEEEEEEE
So will windmills.
Don’t joke about cancer
This video played immediately after the one where Rudy shows us his bathroom full of Pokemon cards
Got click baited by that thumb nail!! I was Soo ready to see Rudy's secret locker room
Best line by far: "If you live in an apartment, you should not be investing in sealed products." I spit up my water on that one Rudy, you ole dawg.
Pretty ridiculous though, to say get a house first before investing in magic...how would you get the money for real estate in the first place if not by investing in cheaper assets first?
@@WinterblastHalls yeah disagree too. real estate here is overpriced and not a good investment. I'm in an apartment and invest in TCGs instead lol
@@WinterblastHalls Fair to say if you have a house, youre deeply in debt with a mortgage so investing doesn't really make sense either way. A risk is a risk, but on average apartment fires do happen and you have no time to collect boxes on the way out.
I literally had this conversation with a shop yesterday about the safe/vault and it’s quality.
You guys with products of value in a sentry safes from Walmart may as well leave them on the floor.
Please take the advice Rudy is offering!!
Me - a locksmith of 18 years.
But anyone can open a lock. People just pay you too much to do it.
Whats a good brand?
@@thedarkness125 Sure they can lol. By that logic, anybody can perform surgery, and they pay doctors way too much to do it. Lockpicking isn't a basic skill.
Mountain Dew has fire retardant in it; I just pour mountain dew all over my sealed boxes and stick it under a bed; keep some fresh Dew on it every 3 months and you're good ;)
I wouldn't be able to withstand the pain of spilling perfectly good Mountain Dew.
fsmoura if you drink enough mountain dew, the short term memory loss lets you get over that pretty quick;) you know about the short term memory loss, discovered when Halo 3 Gamer Fuel launched back in like whenever that was; dudes brought a buddy in who was marathoning Halo with Halo Flavor Mountain Dew and he had to be brought to the ER cause he was panicing over his memory going or something; I drink that much daily so, it's just a fire retardant by the time I am moving boxes, forget it's even a drink;)
So if I drink enough Mountain Dew (let's say any unspecific amount, like 2.64 litres a day), can I get fireproof from the inside?
Be cautious Canadian Mountain Dew is different. Since there is no caffeine your cards will be lazy and do not perform as well
I've been watching this guy for YEARS. I have no idea about any of the cards he deals with and collect none of them. I just find him fascinating to watch! Really cool and informative guy.
The best way of keeping your stuff, is not letting people you know you have it.
Planning on setting up a lazer security grid throughout my entire house, nobody is getting my desolate lighthouse
A defense grid if you will
Sharks with lazer beams
i had a huge laser security system protecting my stash but it malfunctioned and burned all my cards to the ground
mephisto40 surely it’s more of a clifftop retreat
the safe makes so much sense. i've heard SO MANY stories of stores that have gone under because someone broke in, broke the glass case, and stole all the high value cards.
That's always been weird for me. If I had a shop I'd make sure to have it in the building I live in. Now that is thinking with portals. The security and savings is through the roof.
Rudy, you want media/data safes. The insulation in a standard gun safe will protect against a fire, but will also release a ton of moisture onto all of your cardboard in the event of a fire. That precious cardboard will be effectively stuck & melted together. Get a safe for media storage which will protect from both fire and be insulated to also keep humidity in check. My 2 cents.
Rudy: "if you're living in a 1 bedroom, 3rd floor apartment you shouldnt even be thinking about racks"
I literally laughed out loud when he said that
What about a 2 bedroom, 2nd floor? 😂
Rudy: "you're going to need an Oceans 11 type crew to rob my inventory"
Nah he's next level ocean 12 at Least
All they need is a Oceans 8 crew ( BooBs)
@@partyendsat9235 and tacos
I own no magic products and I still love this video
Many Timmys ask the question: Can I store my magic cards in my goldfish's watertank at my parents basement?
only if you change the filter regularly
@@G33KST4R hahahaha
When you get to Rudy's level you need the Magic the Gathering Fort Knox.
rudy, i just want to point out that i leave my boxes outside uncovered, i just apply sunscreen and they do just fine
I don't know why I watch these videos. I've never played magic or even opened a pack. Rudy just has a calming voice I guess.
Why not play magic?
I saw Rudy from Alpha Investments at a grocery store in Jacksonville the other day. I told him how cool it was to meet him in person, but I didn’t want to be a douche and bother him and ask him for photos or anything.
He said, “Oh, like you’re doing now?”
I was taken aback, and all I could say was “Huh?” but he kept cutting me off and going “huh? huh? huh?” and closing his hand shut in front of my face. I walked away and continued with my shopping, and I heard him chuckle as I walked off. When I came to pay for my stuff up front I saw him trying to walk out the doors with like fifteen Milky Ways in his hands without paying.
The girl at the counter was very nice about it and professional, and was like “Sir, you need to pay for those first.” At first he kept pretending to be tired and not hear her, but eventually turned back around and brought them to the counter.
When she took one of the bars and started scanning it multiple times, he stopped her and told her to scan them each individually “to prevent any electrical infetterence,” and then turned around and winked at me. I don’t even think that’s a word. After she scanned each bar and put them in a bag and started to say the price, he kept interrupting her by yawning really loudly.
Not one “gigitty” in a video about protection. Disappointed
so much wasted potential
Been storing my boxes out in my front yard as garden ornaments for 6 years and only now I come across this video gee thanks a lot Rudy
I’m really happy you made a video on this Rudy. I’ve been wondering how to store my growing collection of sealed repacked I’ve purchased on eBay.
I keep my valuable MtG cards in basic cardboard boxes that are labelled "90's Marvel Superheroes cards". Nobody wants those.
I keep my 90's Superhero cards in a box labeled "MTG 93-94" so that if someone breaks in and takes them, they are finaly wanted.
Brilliant!
I tried that. Someone broke in and took them. Then they brought them back the next day.
Lol this comment she’s great.
As I get closer to opening my own shop I love coming back and watching videos like this. Important food for thought as I plan everything out. Thanks again Rudy
I always budget 10% of whatever I spend on security. If I can afford $10,000 for cards then I can afford $1000 to secure those cards. Sometimes more depending if that security has regular upkeep...
I keep hearing, "Card board condoms. No protection."
Same.
they're really susceptible to moisture
Rudy forgets to mention having traps like knockout gas, poison darts, pressure plates, laser beams, huge boulders and man eating crocodiles surrounding your magic collection too.
I was going to comment this, but you already said it two years ago.
Watched this video, now I have adverts for safes popping up on fb.
Seeing all the sealed boxes stacked up is so fascinating. You should do a warehouse tour.
Wait. So you don't just throw them in your closet?
It's like Rudy read my mind.. I was organizing my cardboard products last night, and I was wondering how I should change my whole setup. Thanks Rudy 😎
Rudy edits make my day. He has no time to do some fancy schmancy edits being an evil investor .
Very good advice. I appreciate the bit about insurance and how difficult it is to basically not have a corporation screw you in the end. Protect your house in case of the end of the world, for specialized things like Magic, do your best to protect it in a security vault, get cameras, keep Mother Nature out, so on. I had the same thought processes when I bought my first house and stored my expensive collection.
Agreed, glad you were able to address this Rudy. Covering opportunity costs, storage space, storage costs, securities costs, etc. Is something that your average viewer does not consider. I actually doubt your average Patreon member considers the related costs. When people bring up the single card (RL, graded Alpha) vs sealed product, many people don't consider all the costs to compare apples to apples. For me, my restriction is 1 closet in my office for all my collection (graded, EDH, Legacy, Modern, etc.), as the wife doesn't care about the unregulated, uninsured returns I have gotten from MTG cards that can be stolen or burned in an instant (yes, even a 2 hour fireproof safe has issues). So I collect graded Alpha and graded Reserved List because it takes up far less space than sealed product and is way more fun to show my MTG friends. MTG investments have been good overall for many of us, just different restrictions for different people.
What you need is a Yawgmoth, Thran Physician to protect you from those human risks.
One of the best CCG content creators love the channel! Keep up the great work!
Amazing life advice sir. From one once upon a Tampa Bay, it used to be nothing to live comfortably in FL, but now - cost of living has surprisingly skyrocketed. Pensacola to Jacksonville, North FL has also gone up dramatically. Stay safe and financially sound, strange days lie ahead.
i want to be that guy in the warehouse just eating tacos next to the booster box, thats my life goal
I really liked this video! You should definitely do more of them on this topic!
Pokemon collector here. Dude you vids are perfect. Great information! It's crazy how far this can go. My only issues is I'm just starting to collect at 30. I don't have my cards from 20 years ago . Moved around my entire life with divorced parents . My life didn't set me up for this .
Thank yoy Rudy for this great lesson
Also i love your paranoia and way of thinking about security,top stuff
I really wanted Rudy to classify the risks of nature and other people as "Mother Nature" and "Mother..."
It's the internet, you can say fuck
Love these videos on how to store cards and BBs. Can you also talk about humidity and other stuff to factor in for short/mid/long term storage? Should we use silica gel packs ? Thanks!
On top of all the sneaky sub limits, exclusions, endorsements, and general lava claw reach arounds in an insurance policy, everyone should also remember that the whole point of insurance is to make the group facing the risk pay more to cover their risks than the risks actually cost if they occur uncovered. So if you and 1,000 people buy magic card policies, they have a formula to figure out the average number of those collections that will get wiped out, and you'll all pay more than that would cost to replace.
In other words even with no security and a policy that will actually cover you (haha), there's a decent chance you're still financially better off just rebuying your whole collection if it's destroyed than you'd be having the policy. This is why more and more policy types are trying to get the government to force you to buy their policies, because the policies on their own merits simply aren't worth buying.
Around 13:19 is some of the best advice I've heard in awhile thanks Rudy
Alternate title: “Security flaws in sealed product storage: how to exploit their weaknesses”
Thank you Rudy, whenever you choose to part ways with UA-cam just know you inspired a lot of collectors to stay the fucking course ❤️ love from Mickey Mouse Town
Thank you rudy. I'm currently evaluating my life and I appreciate the good honest words of wisdom. I will have the space one day.
Throw it into the everglades and let it age for 40 years. The same principle also makes tacos taste better.
Dave Moreno swamp taco = best taco, they’re also extra floppy mmmmm.
Its amazing how this can applied not only to MTG, but to other hobbies and businesses.
0:00 "WELCOME BACK EVERYBODY FRUITY"
I'm a small business owner, so I speak from experience. Rudy is giving everyone here a master class in how to run a successful business... for FREE! You guys better be paying attention.
“In and out in a minute or so” and no giggity 5:45
I appreciate the video mate! Honestly you mix the world of Magic (that i love) and the investment finance industry that I'm learning for a career so keep up the good work!
Rudy teatching us how to break in to wearehouses-.-
May be a boring video, but it's 100% useful information
My security system when I am at home: A Glock
My security system when I am not at home: A big loud stupid dog.
Big loud stupid dog when you're not at home: Chewing your Beta Lotus.
i trained my dog to only eat bulk rares
I use a Les Baer 1911. >:)
My favorite video in the channel
Look forward to watching this on my lunch break. Been wanting ti hear rudys input on proper storage protocol
Wow, you just about covered every question I had, especially insurance. Great vid!
Rudy - How can I protect against the zombie apocalypse? Those zombies loves brains as well as black lotuses and dual lands.
Liberty, Fort Knox, and if you're on a budget Cannon are all good safes. Definitely bolt them down. Don't keep your safe by the window or on the ground floor if it can be helped, because a tow strap and a truck will pull it out. But also remember that a safe can be defeated quickly with a harbor freight angle grinder.
Don’t be like Rudy and forget to secure the vents
All I want for Christmas is a Tropical Island from Rudy and an Alpha Investments T-Shirt
I store all mine directly above the taco cooker to help combat the pringle effect!
Fishing line, metal pipe, mouse trap, 12 gauge 00 Buck, concrete anchors.
For dealing with those *really* big rats...
This is the content I'm looking for. Thanks RUDY!
Thanks for the advice
You're a good man Rudy. I think some people have a go at you because they secretly admire you and want the trade secrets to do what you do.
Stealing Rudy's cards sounds like it would be Ocean's 11 on a budget.
THANK YOU RUDY!!!! More of this topic please!!!
Wrap everything with cling film. Put inside garbage bag. Tie garbage bag to big rock. Drop both into local river. Easy.
The shelves you have are nice. Looks even better with homelands stacked on it
5:27 And now we all know how Rudy had all Commander 2018 in the world.
Love the honesty in your videos, keep it up!!
Most LGS around me IF they have a display case with expensive cards ($75-100+) do NOT even take them out of their safes to put in display during business hours. They stay in their at all times until somebody wants to look at one.
The display case just has jewel cases with printed photos of the cards + price and condition.
This seems to be the ideal approach: although it means in order to show even 1 card from safe you gotta open it. So EVERY owner of an LGS should be concealed carrying IMO. That way if somebody tries the ol' armed robbery you're packing and don't lose your stuff still.
I thought this was going to be a cool video on how to store and sort cards, and now I'm stressed about not having a safe or security guard on duty
Just ordered a metal cage and concrete bolts. And a moat filled with big, mean sharks.
Evil Rudy: You can't lift and move thousands of pounds of sealed boxes in and out in a minute or so!
Danny Ocean: Challenge Accepted.
I had actually been going back and forth on the idea of insurance on my collection for a while. I don't invest though, just my own personally on hand collection but its good to hear your thoughts. It made me think a bit more on this front.
There are other reasons for not making an insurance:
- Too high prices for the insurance, the same with a safe at the bank. It costs you only money.
- If something happens the insurance will try to rip you off
- The insurance wants every 3 months a list of what you have. With that list they will rise and rise your monthly payments.
- There were several cases in the last decade where the insurance man is a thief, but he checks it out and sends you his crew to empty you.
Hollywood made films about that, so why show an unknown person all the wealth you have?
- The insurance wants for example when you have over 5k of Silver/Gold Coins at home that you have to install an Alarm System.
That will cost you also extra money on top every month.
- The insurance will say that at a specific point you have to rent a better/more secure place or they will raise/cancel the contract.
Over all in out times it makes no sense to make an insurance contract. You will lose in every possible way.
The best thing is to secure it by yourself and don´t tell people/show pictures of the amount of stuff you have.
This is like holding up a sign "Here is something worth it, come and try to get it."
What no one knows, won´t bring any trouble in the house.
Great video. I stack gold and silver, and would give the same advice for safes. Big ass bolted safe is the only way to go. Home owner's insurance doesn't cover precious metals either.
Damn, Rudy hitting hard there at the end.
Don't invest unless you got your life together, actual great advice
Yeah. Tell that to the 17 year olds who bought Bitcoins in 2011?
Sometimes a little bit of speculation goes a long way. I'm not talking Rudy style invests, but a small hundred or two a month is no different than throwing it in an IRA.
You might want to invest in a dog at some point. Even if it is tiny. If they smell their owners fear they will react and they don’t understand guns.
If you collection gets big and you don’t need to access it right away invest in time based doors, which open after 24 hours (obviously with a second key).
Invest in security that shows up if you don’t call them prior to opening your safe.
Rule number 1: never tell anyone how much worth you have stacked. The good thing is you cannot liquidize large or exotic collections easily, so rudys collection is worth at least 10 times more to him than some oceans 17 crew that have to find a buyer for the whole crap.
What if you’re living in a van down by the river?
Aww 😒 i thought there might be some sort of Easter Egg at the end. Some seconds of black screen at the end is always suspicous 😂 like a fast and short "gigitty" 😉
Thank you Rudy
This should've been a TCC collab. I give this video a 7.8 out of 10 not enough Prof.
I just use a safe for all my vintage stuff
Hands down, a great video!
Not bolts, wedge anchors, you could use epoxy and concrete bolts, but wedge anchors are 100 times easier. Most G word "safes" are garbage, lots of fancy carpet and paint where you could get a AMSEC or other TL-15 for similar money. As far as insurance, if you are paying $100 a month for a collectors policy you are getting hosed. 50K of collectables insurance should run about $30 a month, this is from an A rated insurance company.
"Protect it yourself."
Best advice ever.
Great content Rudy!
Rudy hit on a very important subject that I feel should be talked about more.
If you are in a situation where it would be very taxing on your income or living situation. Do not invest in magic cards. Seriously work on yourself. Build up your savings. Start a 401k or IRA. Get a stock portfolio started. Go back to school or learn a trade. Work on yourself!
Magic is a great product and game. Nothing else like it. I love the game as a player and I enjoy doing small investments (around $10,000) of sealed product. But I didnt do this until I first finished my degree, bought a house, and started a retirement plan. Please take yourself seriously and invest in yourself before you invest in magic.
Yea, Im prettty sure the owner of my LGS lives directly above his store. Its a converted house where the entire main floor is a self contained unit, with a seperate-entrance apartment upsatairs.
An inside job, at a warwhouse type place is prob going to take at least a half-hour to pull off. Thats assuming the crook has a pretty direct means of entry, and knows where the pallet jacks or forklifts are stored. Even at that they'd have to be hustling, it would prob take closer to an hour to pull the job off to the point where youre driving away in a loaded cube van high-fiving your friends that you just ruined little Rudys college fund...
I keep thinking the string hanging the greed monster is a cat hair on my screen.
Recently a burglar tried to rob the place I work at, they failed. But now I feel like I want to know some Rudy stories of him going full SWAT with a shotgun and his floppy lucky taco hat on a pauper thief.