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Old 10-13-2010, 03:43 PM
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glchen glchen is offline
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It's not easy to flip because ebay/paypal take ~20% cut, and auction houses are similar with the buyer/seller premiums. So basically, when you buy a card, you need to allocate that % when you sell the card in order to just break even. And cards are not nearly as liquid as CD's, stocks, etc. When you sell the cards on ebay, you can run into buyer problems like they don't pay, they open cases, return cards, etc.

Saying all of that, it is possible to flip and make money. You just have to be very selective in what you buy and the prices that you are buying at. And you should be in good financial position where you shouldn't be forced to sell these cards you bought when the timing or prices aren't right.

Last edited by glchen; 10-13-2010 at 03:43 PM. Reason: formatting
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