What are some tips on making money in this hobby?

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#25

06-06-2018, 03:04 PM

AGuinness

Garth Guibord

Member

Join Date: Jan 2016

Location: Portland, OR

Posts: 1,032

Set your collecting goals and have reasonable expectations around how to get there.

Investment cards are more fun if you focus on cards you'd be happy to have if they lost all their value (opposed to the stock market, where if the stock crashes you don't have a little picture to enjoy).

I think modern cards are riskier (injuries, PED suspensions and the like do happen - gotta think investors in Robinson Cano cards are not having a good spring) and busting boxes isn't a get rich quick scheme. That said, I flip some on COMC and do use some proceeds to open a box or two each year. If I can make my money back or get some profit, that's great, but if I lose a little money on it all, I'm okay with that. Opening a box or two is fun and there is some value to be had in that experience, IMO.

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