Business Tips: Are You the Type of Person That Needs to Start Investing in Pokemon Cards? | Tea With GaryVee
Awesome Tip: Are You the Type of Person That Needs to Start Investing in Pokemon Cards? | Tea With GaryVee
In this episode, Gary has fellow trading card enthusiasts, PokeRev, on the show to talk about the rapidly growing market of Pokemon cards. During their conversation, a viewer commented on how it seemed out-of-character for Gary to be talking so much about money and profit. Gary used the opportunity to clarify that while there is a great opportunity to make some extra money in this space, you should only get involved if you are educated, interested, and excited by doing so. If you are strictly in it for the money and do not have an underlying interest in Pokemon (or any trading card) it can do more harm than good. They also talk about why Pokemon cards are exciting, what is causing the growth, and open 2 packs of cards on the spot! Have you jumped into the world of trading cards yet? Let us know in the comments… Enjoy!
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23 Replies to “Business Tips: Are You the Type of Person That Needs to Start Investing in Pokemon Cards? | Tea With GaryVee”
Texas unfortunately can’t get it
Help each other is just not about money.
So, I made an Instagram bot to help all of you, to Unfollow accounts or Unfollow people who not follow you back and various other features.
PSA 10?
Well leonhart a big poke you tuber left a successful lawyer firm to open pokemon cards
I recently started making a product & sell it at a low price of only US$3 for everyone who wants to Auto Liker and Comment on Instagram and several other features.
Richandlawless.com
Absolute click today Gary – feeling like I’m right on the edge of the upswing. I’ll be sending you a text soon.
Great one, thanks Gary.
question for anyone in the comments – how do you know which cards will go up in value?
I make an Instagram bot to help Business Builders and Grow your Business on Instagram.
Pokemon is very speculative and a passionate audience is not enough to make it a good long term investment. 10, 15, 20 years.
Short term flips is not a long term strategy for any one particular collectible. Being a speculator does not make you an investor. The market manipulation is real.
The same factors in a market that makes a Pokemon card jump up in value by the thousands seemingly overnight, is also what makes them drop in value out of nowhere. Price stablilization will occur for the Pokemon market once this speculative bubble ends. If people love Pokemon to such a high degree, this is the inevitable future of it eventually becoming more established.
Buying and keeping wrapped booster boxes is probably the only smart long term move when it comes to Pokemon cards. Other than that, the opportunity cost and risk for most of the market makes for bad investment.
Collectibles are linear in their growth. Antiques in established markets are cyclical and can actually help preserve wealth.
When market stabilization or any future dip happens for Pokemon, it won't magically start rising again like an an already established market does (think graded coins, historical documents, or 1st edition rare books etc.) There will be no 'trickle down' long term. Only the top 1 to 3% of cards will be high value.
Ask yourself, what impact has free Coronavirus stimulus money to millions had on Pokemon and other collectible markets?
I cannot wait till the economy floors. Thats when the Millennial's who took action will be booming. This aint fairy tale land baby. This is reality.
7:30 to 10:30 is where you grow your business…Love it. Thank you Gary!
I love this channel garyvee is the man
Can I get some support on my YouTube channel pls
https://youtu.be/pPQ-9JEJNx0
I have pokemon cards from 15 years ago for sale. Message me if interested.
Digging the Jets hat!!!
The Diablo deck.
This show is Litterally like my coffee in the morning really gets you going!
Will there be a show tomorrow ?
Lot of great insights in this
LeonHart is a prime example of doing what makes you happy he left being an attorney to open pokemon cards !!!
love this episode. Thank you Gary
Facts Pokemon trading card was my thing. Everyone was battling each other . I had no clue how to do that so i collected them.squrtle warturtle blastoise and up in order.widh i could talk to my younger self lol