📈Is the correction over? What cards look attractive with an upside potential?📈

[cms11]

Originally Posted by hermanotarjeta

Cost of living drains you dry.

$300-$400k/year in some vhcol areas.

You could retire early in Kansas on that. Or even afford to open wax.

Living in L.A. >>> busting wax in Kansas

[ninjabum87]

NGL, I'd probably hang myself if you told me I had to move from the west coast to somewhere like Oklahoma or Missouri the rest of my life.

[SliderCutter14]

Ripping packs is ugh work after 36 packs, got to do rebound/point radius tabs for yearly analytics on basketball... the inserts just pay the bills. Draft classes have their highs and lows, never know if another NBA 2000ish draft bust impacts every team. 25% bust rate is common in basketball and baseball.

Even just breaking for analytics, it barely pays the break so you go cheaper tier as 50% of the cards are taped/paperclipped to scouting reports

Originally Posted by imbluestreak23

Miss the midwest in that respect for sure.

I miss the mountains, after a long day of pitcher coaching its fun to do a HR derby and yell "that HR is for Will Clark and Tony G" and watching a ball fly for 400+ feet

[drobfan8]

Autos have the longest way to fall.

Not so much the top few guys, but the next row down are gonna cop it.

[Nomad]

I'd be getting into Jaylen Brown sneakers about now. More so than Tatum's anyway.

[Torro]

Originally Posted by KhalDrogo

But I don’t think either card is beating the almost 4x return the S&P has given you since the peak of the Dot Com bubble. Like I said, treat them as depreciating collectibles and be thankful when they actually appreciate over time.

A lot of people in this card forum are advocating stocks as the best investments; the only real investment, right?

S&P has 3x growth in the past 10 years, the question for people living in the USA (I don't), is the economy 3x better now than it was 10 years ago, things are going really really well for companies and people working/living in the USA compared to 10 years ago? Any possibility that the stock market can also be in the bubble and there is little actual value there other than what the "greater fool" is willing to pay for your position, and its actually not the fundamentals that everyone is referring to?

Goldman Sachs is projecting ~3% annual growth (not taking into account inflation) for S&P for the next 10 years, buckle up guys everyone is going to get rich!

[jcardstore]

Originally Posted by Torro

A lot of people in this card forum are advocating stocks as the best investments; the only real investment, right?

S&P has 3x growth in the past 10 years, the question for people living in the USA (I don't), is the economy 3x better now than it was 10 years ago, things are going really really well for companies and people working/living in the USA compared to 10 years ago? Any possibility that the stock market can also be in the bubble and there is little actual value there other than what the "greater fool" is willing to pay for your position, and its actually not the fundamentals that everyone is referring to?

Goldman Sachs is projecting ~3% annual growth (not taking into account inflation) for S&P for the next 10 years, buckle up guys everyone is going to get rich!

the stock market =/= economy

If you look at the companies driving the index (SPY) it's absolutely fundamentally driven. Just look at earnings growth.

Cards are still a trash investment (if you even want to call them an investment)

[Torro]

Originally Posted by jcardstore

the stock market =/= economy

If you look at the companies driving the index (SPY) it's absolutely fundamentally driven. Just look at earnings growth.

Cards are still a trash investment (if you even want to call them an investment)

If I'm looking into some of the most popular stocks in S&P, for example, Nvidia or Tesla, the fundamentals you are referring to are the future potential growth that "investors" are seeing (hoping), not the past annual report and the balance sheet, not exactly "fundamentals" by traditional meaning

Anyway, I'm not saying that cards are a better investment, but hyping stocks in card forums is also something I would advise people not to follow, just like hyping cards should not be followed

[Asian62150]

Over the years, I've learned that cards can be a good way to make some money but they are, as many have said, not a good investment.

There are a lot of cards where you can make money in the short term, but very few can make money long term.

[jcardstore]

Originally Posted by Torro

If I'm looking into some of the most popular stocks in S&P, for example, Nvidia or Tesla, the fundamentals you are referring to are the future potential growth that "investors" are seeing (hoping), not the past annual report and the balance sheet, not exactly "fundamentals" by traditional meaning

Anyway, I'm not saying that cards are a better investment, but hyping stocks in card forums is also something I would advise people not to follow, just like hyping cards should not be followed

If you're looking at NVDA and don't see the revenue and earnings growth I'm talking about then you're not looking at the right things. They literally 10xd revenue in the last 5 years and have a 75% gross margin. Take any of the top 10 SPY holdings and their earnings are up and to the right.

Even TSLA, which I'm not a huge fan of has 5xd revenue in the last 5 years.

People should absolutely be following the advice if it is to buy the SPY and hold it. That's great advice.

[jcardstore]

To say that the top 10 holdings of the SPY aren't based on fundaments of the businesses is just wild.

Someone is reading too much zerohedge or whatever other doomer media you see

[KhalDrogo]

Originally Posted by Torro

A lot of people in this card forum are advocating stocks as the best investments; the only real investment, right?

S&P has 3x growth in the past 10 years, the question for people living in the USA (I don't), is the economy 3x better now than it was 10 years ago, things are going really really well for companies and people working/living in the USA compared to 10 years ago? Any possibility that the stock market can also be in the bubble and there is little actual value there other than what the "greater fool" is willing to pay for your position, and its actually not the fundamentals that everyone is referring to?

Goldman Sachs is projecting ~3% annual growth (not taking into account inflation) for S&P for the next 10 years, buckle up guys everyone is going to get rich!

This is a very ignorant take. I would suggest doing more research before investing in the stock market.

[Torro]

Originally Posted by KhalDrogo

This is a very ignorant take. I would suggest doing more research before investing in the stock market.

Its a card forum, not "financial freedom" or "best investment advice" forum, enough of the stocks already, lets keep it about cards please

[hermanotarjeta]

Originally Posted by Torro

Its a card forum, not "financial freedom" or "best investment advice" forum, enough of the stocks already, lets keep it about cards please

I thought people only bought cards with their stock/crypto gainz- it’s very relevant.

Are you suggesting people actually buy cards with money they earn from work? LOLOLOL.

[jacksonjj]

Many many many stock investors are also card investors and visa versa. Why wouldn't we discuss stocks at least a little in a card forum thread about the market?

Google just soared on top of their already-soared 52 week gain of 45%. That's insane growth. That's just one example. You better believe some people are going to assume Google can't possibly keep that growth up, and will cash out and turn to other avenues to reinvest some of that money. Cards are one of those avenues.

[hermanotarjeta]

Originally Posted by jacksonjj

Many many many stock investors are also card investors and visa versa. Why wouldn't we discuss stocks at least a little in a card forum thread about the market?

Google just soared on top of their already-soared 52 week gain of 45%. That's insane growth. That's just one example. You better believe some people are going to assume Google can't possibly keep that growth up, and will cash out and turn to other avenues to reinvest some of that money. Cards are one of those avenues.

Selling google stock to buy cards is probably the single worst piece of investment advice I’ve seen on these boards.

[Torro]

Originally Posted by jacksonjj

Many many many stock investors are also card investors and visa versa. Why wouldn't we discuss stocks at least a little in a card forum thread about the market?

Google just soared on top of their already-soared 52 week gain of 45%. That's insane growth. That's just one example. You better believe some people are going to assume Google can't possibly keep that growth up, and will cash out and turn to other avenues to reinvest some of that money. Cards are one of those avenues.

This so-called "discussion" is only about praising stocks and degrading cards, that's it (for example check the first reply to your post)

It's clear that cards have their own market, that operates on a supply/demand basis (participants-wise its been growing substantially over the past years and has a lot of interesting developments). Would be great to discuss this part of the hobby here, not use stocks to put down whatever discussions about cards people here try to initiate.

[anusinha]

If you want to make money in cards you have to be flipping, not investing. 99% of singles are on a long term path to 0.

[jcardstore]

Originally Posted by Torro

This so-called "discussion" is only about praising stocks and degrading cards, that's it (for example check the first reply to your post)

It's clear that cards have their own market, that operates on a supply/demand basis (participants-wise its been growing substantially over the past years and has a lot of interesting developments). Would be great to discuss this part of the hobby here, not use stocks to put down whatever discussions about cards people here try to initiate.

What are you talking about?

You’re the one who brought up stocks and compared them to cards in the first place! If you didn’t bring up stocks nobody would even be talking about them right now

[jacksonjj]

Originally Posted by hermanotarjeta

Selling google stock to buy cards is probably the single worst piece of investment advice I’ve seen on these boards.

Who the hell is advising to do that?

[hermanotarjeta]

Originally Posted by jacksonjj

Who the hell is advising to do that?

“Some people”.

[jacksonjj]

Originally Posted by hermanotarjeta

“Some people”.

Reporting what people are doing or going to do is far different from giving investment advice for others. Duh.

[kipgen]

Jalen Green to the moon!

[KhalDrogo]

Originally Posted by Torro

Its a card forum, not "financial freedom" or "best investment advice" forum, enough of the stocks already, lets keep it about cards please

Did you just grave dig this thread to provide your own commentary on the stock market, only to get embarrassed, and now you want us to stop talking about equities?

[hermanotarjeta]

Originally Posted by jacksonjj

Reporting what people are doing or going to do is far different from giving investment advice for others. Duh.

It’s frightening that you know some “people” who do this.

Did some of these “people” buy Wemby mercury sets with their googl profitz?