A Pokemon Investors Biggest Blind Spot

[@peekdatchu]

You know the hobby is booming when Dan’s desk is clean

[@beerskicollects]

My thoughts exactly 😂

[@KetchumAllCollectibles]

Those streamers keep things moving 😆

[@willzaify]

I just can't let go of my evolving skies boxes 😢☠️☠️☠️

[@pokemonwonderLLC]

☠️ Time is the most value asset we have by far. Spend it wisely and know what you want. Otherwise it will be stolen from you. Great video Dan, thanks my friend.

[@KetchumAllCollectibles]

Hope I didn't steal your time with this one

[@LessH8moreN8]

💀 at the gym listening to this, not music. I’ve been lurking on your videos for a few months now. You always have such good insights and always add collateral wisdom in all of your videos. Great work, please keep it up!

[@KetchumAllCollectibles]

Thank you!

[@FatBellyCollects]

@@LessH8moreN8 gains 💪

[@UrAveragePlayer0]

This guy pushing me towards financial freedom more than school will ever do 🤷🏻‍♂️

[@KetchumAllCollectibles]

🚀

[@ryansosna3432]

It's sad how little financial education and literacy is taught in school

[@1stzard]

@@ryansosna3432 for sure it is! just need to pay for it

[@GardenStateSnooze]

Another great video. Anyone who claims to be an investor and is carrying a credit card balance over month after month clearly has no idea what they're doing.

[@KetchumAllCollectibles]

And trust me they are out there

[@ctrl_alt_del100]

I started with credit was best decision I ever made to be honest got my score over 800 and I have never not made a profit holding

[@KetchumAllCollectibles]

@@ctrl_alt_del100 carrying a balance? You don't have to carry a balance to build credit up and I've made videos how credit cards can be your friend

[@daco6380]

As long as you can profit at a higher rate than the interest you pay overall for whatever debt mechanism you use, it could be worth it. Not easy but possible.

[@JBTCG]

This is such a great video, opportunity cost is an important component to making decisions in investing and life. Thank you for covering this!

[@KetchumAllCollectibles]

Thanks for watching!

[@RAWRTCG]

This is so good. Thank you!

[@KetchumAllCollectibles]

Thank you!

[@C0leman]

I feel like this viewpoint needs to be spoken about so much more. It’s not selling out to “sell”. A lot of Pokemon KZbinrs are reminding me of the AMC/Gamestop stock spike a few years ago. Those streamers told everyone to HODL. And so many people listened instead of realizing their gains and then investing those gains into other things. Now many of those people lost a bulk of their investments.

[@C0leman]

And I’m not saying that some tcg products aren’t good long term investments. But it’s a good idea to sell along the way and reinvest.

[@KetchumAllCollectibles]

Yeah people do a lot of meandering with no real rhyme or reason. Have to set goals and point yourself towards those goals. Consciously doing things every day to bring yourself towards them. Weekly monthly yearly and by decade can be durations. Most people live only for that day and can't see past Friday night

[@mimz.00]

always love hearing your nuanced and balanced take on things especially since you have so much experience in the hobby and in a "real" job. i prefer flipping/grading collections with a set amount of capital rather than sitting on sealed product, since im finishing my degree and dont have a ton of extra funds to work with and its just overall fun to be engaged in the hobby actively. keep up the informative videos 💀

[@KetchumAllCollectibles]

Thanks for watching and keep up the good work with the flips! Same arena, different game and rules for all of us!

[@erncollects]

Opportunity cost to thumbs up this video was zero 👍

[@KetchumAllCollectibles]

Invest in the 👍 now 🙏

[@zelestcg]

Really enjoy watching your content boss! Keep it up! 💀

[@skippyfx]

What I learned: go into credit card debt to make guaranteed 30% gains when paying it off. 💰

[@davidleedom2683]

this guy gets it

[@KetchumAllCollectibles]

🚀 💰 🤑

[@AlejandroNieto-bk3pi]

@@davidleedom2683fr?

[@erncollects]

On a more serious note, 12:12 that's why many of us appreciate your content. It's real shit. Respectable experts know "it depends" is just fine/fair to say and they don't make dogmatic statements ☠

[@LuckyBunnyTCG]

Have you considered using a new tool instead of it depends? Alex has the 8-Ball, you can use horoscopes.

[@KetchumAllCollectibles]

😆 I'm always gonna be ready with a long nuance rant

[@LuckyBunnyTCG]

@KetchumAllCollectibles 😂

[@garenm7184]

been waiting for this one, let's gooo

[@KetchumAllCollectibles]

🔥

[@DoteyMagotey]

☠️ Time is my biggest opportunity cost. Will definitely be utilizing more consignment options in the future. Unrelated - I hadn’t heard a single Poke video in the past 12 months warn me that those slab sleeves actually scratch your slabs. Your PlastX suggestion took the scratches off just fine, but man, what a useless product slab sleeves are!

[@KetchumAllCollectibles]

I think a lot of it comes down to how you put them on and take them off. I rip em off down the side never really have issues. Way I put them on isn't putting any pressure on the faces

[@DoteyMagotey]

@ might be because I was using the exact fit sleeves too.. ah well, no more of those for me

[@maxgleiberman2595]

Ive been finding 151 booster bundles at my local vending machines for 27$ + tax is that an automatic buy every time as in don't even think about it(obviously if you have money to spend)?

[@KetchumAllCollectibles]

I mean I'm actively buying 151 packs at 6.5 to 7 dollars each. Presumably you can just straight flip to me and make money. No risk. As long as shipping doesn't take away all the margin which I don't think it would

[@maxgleiberman2595]

@@KetchumAllCollectibles Cool thanks for the quick response and appreciate your channel!

[@omegayen]

Good points and examples in this video.🏁 Much easier with time to just to click a few buttons to buy or sell funds or stocks than with Pokemon.💀

[@henrycastellanos5775]

Cost basis is the only thing that makes sense to me when it comes to investing

[@KetchumAllCollectibles]

Always matters what you get into stuff for sure. But matters more what else you could have gotten into too

[@xjamiec]

Get your buckets out for the lads!

[@KetchumAllCollectibles]

🪣🪣🪣

[@PokeMage87]

I see that umbreon up there Dan I thought you recovered from the sitting cuties?

[@KetchumAllCollectibles]

Oh never. I'm an addict

[@DittoFaction]

💀 time is our most valuable commodity. Thanks for sharing yours

[@KetchumAllCollectibles]

Thanks for using yours to listen!

[@Oldboy.Crypto]

American houses are so funny. Brit here. My roof is about 200 years old and is still going strong 😂

[@KetchumAllCollectibles]

I had this talk with one of my consignors when he visited lol. How are houses are made of wood structures, vinyl siding, asphalt shingle roofs and why they're not made more durable. Some are, but that's what's typical. Actually lived in a house when I was younger that had steel siding and roof that would have been good for 100 years +

[@adreezacards]

☠Awesome video Dan. Every moment we spend and every purchase we make have opportunity costs because time and money are both finite. Considering opportunity cost effectively and taking deliberate action towards financial and life goals is great advice.

[@camerontayfour8897]

☠Vintage > Modern

[@KetchumAllCollectibles]

👀

[@TheNachris720]

Great video

[@KetchumAllCollectibles]

Thanks for watching

[@smedspets695]

Haha my brother just bought some heavy equipment at a great price. I may be liquidating my searching Sparks before my scheduled date.😂

[@KetchumAllCollectibles]

We talking dozer? Loader? Manlift? Gimme the details. My dad is always flipping some pieces of equipment. Buys em uses em a few years while fixing em up and sells em for more often after getting all the utility

[@smedspets695]

@KetchumAllCollectibles mini skids

[@KetchumAllCollectibles]

@@smedspets695 oooh fun

[@ryansosna3432]

💀 im trying my hand at a grading flip for the first time just to experience the process and see if i like it. Thanks for the inspiration!

[@KetchumAllCollectibles]

Always good experience to try different things

[@gsquared.collectibles8392]

I will say your video was definitely on point until the eBay MetaZoo / Pokémon energy sale. If it takes so long to pull, pack, and ship a simple order, it could actively cause an issue with you missing an opportunity of a collection or deal. You have a flawed eBay inventory system, not an issue with time. I have a bigger chance to miss an opportunity walking down the hall to the bathroom to take a leak and wash my hands and walk back than I do packing orders, and that's having nearly 10k items listed.

[@KetchumAllCollectibles]

It's less about pulling individual single orders and more about the time it took to list those, photograph and sort them away etc etc. All the time and energy that goes into listing them and maintaining. Very poor hourly relative to what I earn otherwise

[@jordand1554]

For me it's the space as an opportunity cost (and my wife killing me) not the financial resources. I already have maybe 70-80 sealed cases, and some other ancillary products. I'm holding off a lot of the bulkier items. Tend to do more graded because it takes up less space (we all can't be Rudy's) Don't want my basement to turn into a Pokemon warehouse... Or do I?

[@KetchumAllCollectibles]

Haha I definitely made it a point to mention space even though it's not my main hurdle I've spoken with others for whom it is as well

[@Tatesparks]

💀 good rant. Appreciate the wisdom and financial mindset

[@KetchumAllCollectibles]

Thanks for watching!

[@snackbread]

Just started watching your channel. I really appreciate the info you’re putting out there. I would love to start investing, (I’m 36 w no money saved) but one day I plan on being able to

[@KetchumAllCollectibles]

One step at a time!

[@JustinStoltzfoos]

So true I'll die with my evolving skys

[@KetchumAllCollectibles]

🚀

[@SpattsCards]

I beg my coworkers to take the 5% 401k match and they always say I’ll figure it out next week. Have fun working when you’re 60!

[@KetchumAllCollectibles]

Blows my mind. Bet they've got bets out daily on Draft kings and "plays" ongoing in robinhood too

[@PokeBowlCards]

💀 Great talk Dan! Great reminders and things to think about :)

[@x828_MXNU3L]

don’t go broke on good deals 💎

[@andrewtobias4545]

Sometimes the great deals never come, or never come soon enough. Sometimes they’re not as great as you thought. Just depends on your situation and risk tolerance.

[@vintage_packs]

Thank you, Dan ☠️

[@lostinjerzey7646]

Hey Dan, would love to pick your brain a little on some grading stuff (errors) I know your busy but do you mind if I email about it? Also might be interested in commission selling in the future

[@KetchumAllCollectibles]

Always feel free to email or dm

[@GalaxyCardShop]

💀 Love the video and advice is amazing as usual! 🚀

[@KetchumAllCollectibles]

Thanks!

[@channelbreak6929]

You and a few other people who post on KZbin about Pokémon (Poketubers) said a few years back that Evolving Skies would reprint and the booster boxes would drop from then prices ($200) said this when they climbed from $90 a box. 2024, and they most certainly are not sub $200 boxes 😢. You said you were extremely confident with how modern Pokémon TCG works. In fact every SWSH set like Chilling Reign and Fusion Strike were trashed on at $85 a box. Now look at them.

[@KetchumAllCollectibles]

Link me with timestamps. I always say the range of outcomes that could happen. I never make guarantees. Glad you've got it all figured out congrats on your millions

[@channelbreak6929]

@ I don’t have it figured out and neither do you lol

[@KetchumAllCollectibles]

@@channelbreak6929 I'm doing all right myself pretty happy overall. Hit a lot more than I miss

[@Snakes_RT]

💀 great video and advice, thank you!

[@KetchumAllCollectibles]

Thank you for watching !

[@KykyJyky]

💀I'm planning on my roof lasting 100 years

[@KetchumAllCollectibles]

Steel roof you're probably good. If I was keeping my house for life that's what would be going on next. But a 30 year shingle will kick the can to the next guy

[@christopherborchers766]

💀☠️💀 We justify our cardboard investments by limiting our budget to a reasonable 5-8% of our income and allowing the profitable sales to fund anything beyond that budget. We are CONSTANTLY considering Opportunity Cost. But we are always adjusting too. We basically plan, research, plan again, and commit. Last crucial step is to live with the purchase!

[@KetchumAllCollectibles]

🔥

[@UrAveragePlayer0]

30:31 I just think the reason why people pass up on free money like 401(k)’s is because the hope of ever becoming financially free is moving so far away that the only thought in their mind is that they have to hit it big to ever reach it

[@KetchumAllCollectibles]

Still it's a porque no los dos situation. Take the free money along the way. I wouldn't advise it but you could literally just take all the withdrawal early pay the penalty and still be ahead (some vesting schedule to keep in mind)

[@OswaldTheRabbid]

💀🤘🏽 good looking out for da nerdz

[@FatBellyCollects]

Can't take it with you 💀

[@KetchumAllCollectibles]

I know tons of people that won't have to worry about taking anything with them. Each subsequent week they make it to the burden and pain grows. Not a fun sounding life to me but I guess they consumed to the fullest! Aside from all that interest they pay which carves into their consumption

[@zuko7642]

💀 Thanks for info Dan!

[@KetchumAllCollectibles]

Thanks for watching!

[@Alma-B]

im here for da tays

[@KetchumAllCollectibles]

👀

[@SDCISHERE]

I’m at the top of the pyramid I will be fine 😂😂😂😂

[@KetchumAllCollectibles]

🚀

[@anthony7875]

How do all these younger Poketubers not have mortgage debt?

[@KetchumAllCollectibles]

If they were in before 2020 that is how. 🚀 which other ones don't though? The ones I know of were in before 2020 and hate debt and live in pretty low cost of living areas like myself

[@PoNGaCollectibles]

No blind spots here

[@KetchumAllCollectibles]

🏅

[@_retrospecs]

Yawn

[@pokesuntcg]

💀 great advice as per usual

[@KetchumAllCollectibles]

Thanks!

[@ZacharyGalloway]

The people that say you can invest even if it’s only an ETB a month or booster box a year is worth it kinda of throws me off. If you’re hurting for cash and living paycheck to paycheck on credit with little to no savings it’s not for you.

[@KetchumAllCollectibles]

That's the cold hard truth but people call it "gatekeeping" by the "elite". If 50 bucks is a lot to you this ain't it. Disproportionately the kinda people you see selling their "investments" on Facebook for diapers or a muffler or whatever else. Like the repo story guy I talked about.

[@beerskicollects]

☠️

[@derek6423]

💀☠️🏴‍☠️

[@curtisleddy1408]

☠️💀

[@chatbn1992]

💀Time spent doing something is better than doing nothing. Packing that metazoo single is making you a little bit, you probably wouldn't reply to those emails and just log back onto leagues :D

[@KetchumAllCollectibles]

😆

[@stephenkissoon6766]

☠☠💀💀💀

[@Rhythm_Wizard]

💀

[@JadaaFresh]

I think if you start hiring your processes will go alot smoother. Its not all sunshine and rainbows with retirement account as there are harsh penaties that happen if you touch the money early.

[@KetchumAllCollectibles]

Lots of ways out of that too without penalty if you get creative and know the rules. All pending what you've got going on though. Easier when you're not earning much income and can do Roth conversions

[@JadaaFresh]

@KetchumAllCollectibles for people that aren't investing or own a business sure it's a viable strategy to retire but it comes with its down sides. It is very rare exceptions where you won't pay the penalties but possible. For the investor and business owner that extra money put into the IRA can go into there investment/business which should net them more money over time and freedom.

[@DoubleHCollectibles]

Respectfully, I enjoy your content but this video felt like another one of your live streams... Was really hoping to see some spreadsheets and references for what you're talking about 💀💀

[@KetchumAllCollectibles]

I mean I started out in a spreadsheet but it's fairly arbitrary to just make up specific examples and it's fairly dubious to just describe them as I did. I don't think spreadsheets showing 30% is a lot of money added much. Or showing that buying crown zenith at 2.7 to instantly sell for 3.5 makes a lot of money (or 151 at 3 then for 6 to7)

[@deflip-x3g]

didnt watch yet :D WHY DAN! WHY a video TITLE related to POKEMON ONLY. i am make more money in one piece LOL flipping prb-01 and op-09 than surging :P think bigger when you build content pls! $$$ here made in tcg not only pokemon. A shark ;) does not eat the same fish each day. And keep the good work

[@KetchumAllCollectibles]

I need to find those prb-01 and get them listed 😆

[@deflip-x3g]

@@KetchumAllCollectibles not yet dan not yet for prb hold till february if you can (since you have only 2 cases). Op-09 go ahead its already 180$ but will go to 250$ by february ;) . Prb we dont know how they will reprint maybe super small or not at all or big. There is no pokemon center to cap the price in one piece so these can go to 300+ like op-05 last year.

[@Daddydonkeykong]

These kind of videos are silly ! Ppl need to make mistake in order to learn ! Learning from a dumb financial mistake is way more valuable then paying some cc interest in the long run ppl will save so much more having made mistakes in the past

[@Daddydonkeykong]

You must get burned to know what it feels like and how crappy it is

[@KetchumAllCollectibles]

Eh there's limits to it though. I don't think everyone should learn the mistake of say drunk driving first hand, learn from others without all the pain and ruin when possible. Keeping it financial and less dark maybe just a busted kneecap from not paying back a loanshark on time or something

[@KetchumAllCollectibles]

I do get what you're saying though. Experience is a very good teacher to most

[@GoodCleanTCG]

💀☠️🏴‍☠️

[@GymLeaderPepe]

☠️

[@amdizle28]

💀

[@baztoise]

💀

[@damexicanhipstr6572]

💀