Keeping a Stock of Sealed Modern Product

[stevethemagicguy]

I personally plan to take a position in hidden gates it never sits on the shelf and agree the market is absorbing it very well. It will have a lot of future fun opening potential if nothing else.

[ccrntrade]

Modern boxes sell for what $80-$90? If it can double to $160-$180 within 10 years you made an average gain of 10% per year which is better than the stock market average. Not factoring in compound interest for stocks, which can be huge over a long period of time.

Edit: 7% avg gain, not 10!

[zorloth]

@ccrntrade

Modern boxes sell for what $80-$90? If it can double to $160-$180 within 10 years you made an average gain of 10% per year which is better than the stock market average. Not factoring in compound interest for stocks, which can be huge over a long period of time.

If the value of the box doubles from 90 to 180, it’s a ~7% return per year. That’s roughly on par with stocks, but by purchasing modern boxes you are assuming many risks that you aren’t assuming when putting money in an ETF or the like (the boxes are physical objects that take up space and have risk of getting damaged, the product could end up not doubling in 10 years because no one gives a shit about it or they reprinted it, etc.). And this is all with the generous assumption that the box has actually grown from $90 to ~$215 (which will, after fees, shipping costs, etc. yield $180). And then there’s the time investment, the risk of falling victim to mail fraud, etc. Let’s just say I would much rather put my money in an ETF or mutual fund. If you want to collect modern product because you enjoy collecting it, then go for it. But it’s a low reward, high risk investment (although many here will argue that; but the reality is almost every collectible category is high risk relative to traditional investments).

[ccrntrade]

@zorloth

@ccrntrade

Modern boxes sell for what $80-$90? If it can double to $160-$180 within 10 years you made an average gain of 10% per year which is better than the stock market average. Not factoring in compound interest for stocks, which can be huge over a long period of time.

If the value of the box doubles from 90 to 180, it’s a ~7% return per year. That’s roughly on par with stocks, but by purchasing modern boxes you are assuming many risks that you aren’t assuming when putting money in an ETF or the like (the boxes are physical objects that take up space and have risk of getting damaged, the product could end up not doubling in 10 years because no one gives a shit about it or they reprinted it, etc.). And this is all with the generous assumption that the box has actually grown from $90 to ~$215 (which will, after fees, shipping costs, etc. yield $180). And then there’s the time investment, the risk of falling victim to mail fraud, etc. Let’s just say I would much rather put my money in an ETF or mutual fund. If you want to collect modern product because you enjoy collecting it, then go for it. But it’s a low reward, high risk investment (although many here will argue that; but the reality is almost every collectible category is high risk relative to traditional investments).

Thank you for that correction, not sure why I bother to try and do math in my head…

I’m not trying to say it is a better investment than stocks, nor did I say I enjoy collecting modern sealed product. More or less I was trying to say I don’t think it is a bad investment to have a few boxes especially if you plan to hold them for 10+ years and enjoy modern cards. Personally I would also rather invest more into stocks than modern product.