Every single person in the world has a hoard of collectible doodads now. Graded cards, graded comics, graded video games, graded VHS, sealed pokemon cards, funko pops, sneakers, whatever it is every single normie has shelves and shelves full of this shit in their house now. It's like how everyone had a tub full of investment beanie babies in 1997.This has to be some kind of top signal, no? Surely it's not Different This Time?
it doesnt have to be a top signal, it could just be a sign of financialization where its normal to approaching all hobbies from an investment perspective if they were all in massive profit then yes thats worrying
>>62217282yeah my ebay sales are shit.>bearish on doodadswho's the biggest fidget spinner producer? short them
>>62217282Good post.
>>62217453thank you nigga
You leave my 90's pewter warhammer collection alone!!
>>62217477https://youtube.com/shorts/XozaxoMm4_Q
>>62217282People have been hoarding commercial shit since the industrial revolution. The only things different now are:1. An internet platform to cover that shit in extreme detail like an investment market2. Professional grading services expanding from what was once coins and stamps and then maybe the occasional baseball card to fucking everything.Expect to see these collapse with the next recession. People get short on cash, try to unload their funko pops, the whole market collapses.
>>62217282People who can't afford trad assets want to own micro-assets. Why do you think that's weird?
>>62217565>ughh stocks are too expensive>has $10,000 worth of PSA 10 pikamans and lebrons instead
>22 years old>has $50k worth of grooded cardsEveryone is rich now, wow! I guess this is just the new normal. Everyone is so rich that everyone can easily afford to have five figure collections of stupid worthless crap. New paradigm!
>>62217581stock certificates don't give the same dopamine hits as flipping thru tangible binders of rare artwork.besides that, i'm talking about using trending micro-assets as an investment vehicle to shorten the distance to assets normally beyond my reach like property, precious metals, and fine art. holding a basket of stocks is not going to shorten the distance to assets normally beyond my reach. knowledgeable collectors can get absurd 10,000% gains. the clown world is waiting for you to catch up
If you're not willing to buy this man's collectibles, he will elect someone who will make you.
Millenials and zoomers are getting older and have more disposable income. They want Charizard cards the same way that your grandfather wanted a Mickey Mantle or Babe Ruth card. This stuff is obviously going to be volatile, but expect it all to be worth more in the future. It’s not Beanie Babies if you can’t make more of them. There’s only so many rare Pokemon cards, or bitcoin. You think boomers appreciate art? It’s a storage of value. That’s all this stuff is.
>>62217636The problem is though that collectibles are less fungible than actual securities, which hampers your ability to do things like arbitrage
>>62217684crypto in a nutshell
>>62217492Share pictures
>>62217684I'll never buy his overpriced toys. I'll elect someone to flip him off.
>>62217565hitting the nail on the head here. I would add it's also an attempt to justify their consumerist behavior.
>>62217756Vintage Pokemon is like this but the money for some fucking reason is in ultra modern sets still in print.
>>62217897edit: fixed my replythe attributes that decrease fungibility such as being niche, unregulated, subjective, etc. are the same attributes that help insulate the collectibles market from the doomsday crash that every outsider keeps predicting. these unorthodox attributes allow collectibles to defy expectations and thrive during downturns in other fully saturated markets.
Every redditor has a $250k Pokemon card collection, so what? We have entered a new PokeParadigm
>>62217282>Graded VHSLolwut.Anyway, I don't have anything like that. I have my computers and some bluerays, that's about it.
>>62218285I had to check... ohnonono this can't be happening VHS bros!in all seriousness these collectibles derive their value from shared community interest. never too late to start collecting something that suits you, books, guns, antlers, marbles, who gives a shit, just add some flair to your personality
>>62217282
Yeah the only thing worth grading is stuff with value outside of collectibility, like gold/silver coins. Pokémon is retarded and zoomers don’t seem to care about it. The longterm market is weak, GameFreak doesn’t do shit nowadays except push OP sets, and CoL will turn away people from dumb investments like this, especially when they realize how completely illiquid they are. This is the top.
>>62217282For me it's quartz crystals
