SPORTS CARD INVESTING & ROI, THE 1ST THING YOU NEED TO KNOW!!!

VISIT THE EBAY STORE AND MERCH STORE BELOW. CHECK OUT THE LINK!!
Vintage Sports Shack eBay store: www.ebay.com/s...
VINTAGE SPORTS SHACK STORE: vintagesportss...
CONTACT ME: [e-mail]
INSTAGRAM: vintage sports shack

[@PatTheRipper]

ROE is specific to equity. Return on equity is determined by measuring how many dollars of profit are generated for each dollar of shareholder's equity, and is thus a metric of how well equity is utilized to generate profits. ROI is the ratio between net income and investment. It is used to determine whether an investment is an asset or a liability. If it makes money, it’s an asset. If it loses money, it’s a liability. 3 big reasons why sports cards are a liability when it comes to investing: 1. Volatility. Hard to make profit when you have no idea what the market is going to do. 2. Saturation. Too many ppl trying to make profit in a terrible market. 3. Time. Even if you profit, It takes way too much time and energy to make it worthwhile. Because of this, influencers resort to sleazy tactics to try and profit. They trick people into believing they can easily make money while also having fun and it’s all a lie. It’s terrible for the hobby, but that’s what it has become. Again. Love the content and what you do. Everything I wrote is my objective observation. My opinion doesn’t matter.

[@vintagesportsshack]

You are talking about stocks. Look into real estate appraisal terms. Roi is the tool and roe is the return. I guess we break it down to simple terms? Cause if you buy a rental it has nothing to do with stocks.

[@PatTheRipper]

@@vintagesportsshack the two are vastly different. I would argue sports cards are more similar to stocks than to real estate. I get what you are saying. But most viewers probably don’t. As far as the overall takeaway, I completely agree. Sports cards are not to be used as an investment strategy. While some ppl might churn a small profit, the majority do not. The majority take losses and only brag about the small wins.

[@vintagesportsshack]

@@PatTheRipper I tried to explain it better in today's video better... after 30 years of appraisal work I look thru those lenses.... just makes more sense that way.

[@dustinp5299]

ROE is return on equity and an entirely different thing. ROI is fine to use with sports cards to see whether you're making money with different cards or whatever. Per Forbes, ROI is "a simple ratio that divides the net profit (or loss) from an investment by its cost." You can argue that cards aren't investments, but it's okay to use ROI to see if your grading submission was worth it, for instance.

[@vintagesportsshack]

i have ocean front property here in indiana id like to sell you.

[@vintagesportsshack]

I'm gonna play a video or send you a link. Your wrong, roi is a tool to determine profitability. There's an actual formula... roe is return of investment. If you want more data I will pull it and put it in a video tomorrow but then you owe everyone an apology for commenting falsehood in the comments... deal?

[@michaelbruce9197]

Return on investment. Some people like Jeff from Toys “R” Us card shop is looking for an R O I in around 10 years. This guy knows what he’s talking; you need to know your numbers if you’re going to be in business.

[@dustinp5299]

@@vintagesportsshack ROE is return on equity and its for shareholders and stocks. ROI is return on investment and yes there's a formula that compares the cost of something vs. the return. If you bought something for $100 and sold it for $200, the ROI would be 100%. If you can find something that says ROE is return on investment, yes I'll admit I'm wrong.

[@dustinp5299]

@@vintagesportsshack what kind of potential ROI am I looking at??

[@michaelbruce9197]

I know you’re busy cracking all those slabs from the Dallas Card show, did you get my message?

[@vintagesportsshack]

I did go to a Dallas card show? Did get message. If I head towards Florida I'll let viewers know.

[@lennybeucler6575]

I like Chris. He seems like a pretty good guy.

[@vintagesportsshack]

Didn't say I didn't like him, just saying that there is no such thing as investments in sports cards... they like to use financial terms in a space where it's not affiliated..

[@lennybeucler6575]

@@vintagesportsshack I agree. lol. I can’t afford to buy them. But man is It fun to watch other people spend money.

[@livinwithlt]

You should hit above 2000 subscribes in no time. You have definitely become one of my favorite channels when it comes to actual collectors and collecting. For the Card News, I’ll watch SCR. Other card channels, I highly recommend you watch is: baseball card, collector, investor dealer, Chris Sewall who is a good friend of mine, Matt from Graded Card Investor and Ryan Mind Cycle Cards. Keep up the good work, my friend 🤙🏽

[@livinwithlt]

@@TheCardHunter Zigs, he also got in trouble for loving 🇺🇸 on IG. There were plenty of beta ❄️ who were crying about which had nothing to do with Cards.

[@Ready4Wednesday]

Can't wait to see what dealers have for prices at the national

[@buddyc8963]

Count on financial sodomy

[@aaronrasmus3160]

Keep dancing to the remixes

[@DanTheCardMan2]

Love the lovers 😂😂

[@aaronrasmus3160]

You could buy boxes but don’t open

[@matrixcmitech]

I collect fillers and poor. The graded market does not affect me.

[@GaryBynkoski]

Appreciate you friend. SCV retired yesterday. Now you are the sole remaining truth teller in the hobby. So BRING YOUR HEART TO THE SLAUGHTER

[@vintagesportsshack]

I saw he quit. It's a hard battle to fight.

[@JeezyKeen]

ever heard of sports card radio ? lol

[@JeezyKeen]

@@vintagesportsshackhe had a whole lotta other stuff going on. and theres a limit to the amount of subs you can get in this hobby. especially if you say “hell no” to pokemon lol

[@stevezeppieri]

Preach on Paul

[@te2edgesportscards177]

ROE stands for Return on Equity, not Return OF Investment. Sorry, but what you said is not making sense. I did, however, click like because you seem to be passionate about your content, if not misguided and oddly bizarre, the dancing notwithstanding.

[@vintagesportsshack]

Are you saying that roi is not a tool and that there is no formula? Are you saying that roe in real estate is equity or are you using the stock term and trying to use it? Because the whole point is cards are not investments. Sports cards have no value says the expert that defines value...

[@vintagesportsshack]

@@Showcardsusa no, im going to pull up the info for you guys. you keep confusing stocks with real estate appraising. just like your trying to combine cards and investing. i dont care what roe in stocks stands for. i do know what it stands for in real estate appraising. do some research, then get back to me. why talk about stocks when im not? im confused.

[@vintagesportsshack]

@@Showcardsusa look up roi and roe in real estat appraising. roi is the tool for determining and roe is the actual profit that you get back. roi is not the return. in stocks the term is similar but different. if youd listen to the video youd know that thats bascially what im saying, quit trying to take terms from one category to another. you cant use financial terms in cards or use financial terms in real estate, its all slightly different. so your kinda proving my video by arguing with me.

[@te2edgesportscards177]

@@vintagesportsshack No. I'm saying that in your video your referred to ROI as two different things: ROI as Return on Investment (which I agree with you on), and ROI as Return OF Investment (which is incorrect). I'm not here to quibble with you about sports cards as investment/not investments. What I am here to tell you, per your request in the video, is that what you said about Return of Investment in relation to ROE did not make sense, nor was it the correct association/usage of the term. ROE is Return of Equity which is different from ROI. You used ROI to reference two different things and that did not and does not line up; faulty logic. My recommendation: before you start calling out other content creators for not knowing what they are talking about, perhaps you get your facts and definitions lined up so that they are both valid and reliable. My two cents, again, per your request from the video.

[@vintagesportsshack]

@@te2edgesportscards177 now I'm gonna have to pull up the info. I can't belive your that you don't get it?!?! What do you think roe means? Not what the letters stand for but what does it mean? This is why the hobby is shit. Smh