forget my previous message re: pizza a day
i didnt do the math right at all
So I just have to stop eating for 10 months and I can buy one? That doesn’t seem so bad.
why is this thread subtagged “for fun”? ![]()
I wish I had my current salary back in 2022-2023 when prices were more reasonable lol
in the past when ppl would auction say a 3-4k card u would have like 3 tries to get it coz the winning buyer would never pay
now there are rando ex reverse holos selling for 5-10k that are worth like 5 bux raw max
Putting money into perspective is a useful exercise but it’s something most people don’t do or care to do. My degree is in finance and I have 15+ yrs of professional experience so (unfortunately) family and friends consistently reach out to me for financial advice. The people who most need my advice seldom act on it because it isn’t the answer they want to hear.
Without fail they don’t want, they need. They NEED the expensive wedding, they NEED the new car etc. I imagine if they collected Pokemon cards they would NEED those too.
This is where Pokemon gets dangerous for those with poor financial literacy. With an expensive wedding or a new car they are aware that they can’t comfortably afford it and know they are going to LOSE money on the purchase. They spend anyway because they NEED it.
With Pokemon cards, one can point to data that shows they have historically risen in price over time. In this situation they are aware they can’t comfortably afford it but believe they will MAKE money on the purchase (and likely have in the current market). This is a dangerous recipe.
I believe I’m paraphrasing @wisewailmer here? ‘Everyone thinks they’re the warren buffet of Pokemon these days. The truth is you could’ve purchased pretty much anything a year or two ago and it would be worth more today’.
I tend to agree. Until that trend stops people will continue to justify the costs.
All that to say, you can lead a horse to water but you can’t make it drink.
don’t you think 500 pizzas is fun?
For me 10k would be life changing. 10k would get the new roof i desperately need.
10k would finish off my fund that ive been slowing working on for a complete restoration of my jeep.
10k would pay off the loan for when my cat had cancer, and pay off the credit card that has kore vet bills, car repairs and other emergency expenses.
Also graded cards are overrated bleh.
A lot of the low pop sports cards have similar jumps, so I think there’s some precedent, although it’s still pretty wild to think about. The PSA set registry is a big driver of it where even “commons” can get large multipliers. For bigger name cards though as an example, 1980 Bird/Magic/Irving is $2,500 in an 8, $16k in a 9, and approaches $500k in a 10. The 1956 Topps Koufax sold at $5,700 in an 8 and $37k in a 9.
On the thesis of it’s not just cardboard I thought this one was interesting
10K is honestly a lot of money lmao
Cries in Californian ![]()
I once did this for the Grey felt hat Pikachu when it was going up a ton. I posted on my local FB group that you could literally get a very high end couch for as much as the Pikachu. And the comments were wild.
“But a couch won’t make me money”
“I can’t hold 4 couches in my hand”
But the thing is, my wife and I have been watching home renovation shows recently, and it is
cra:clap:zy how much you can do to your home for $10k. And the home would appreciate for a much longer term and way more steadily than that card.
$10k is a crazy amount of money for Pokemon. I’m of the thought that I don’t think that any card should be more than like $1k. But I’m talking like primo primo cards. And maybe $5k if it’s low pop or old or whatever. But even modern cards, paying $2k on a PSA 10 copy of a card that literally just came out and will be out for 2 years is absurd.
Also I just realized that it’s tax season and people are prolly getting thicc refunds back and they’re spending it on pokemans ![]()