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: pdavison070@gmail.com INSTAGRAM: vintage sports shack
Пікірлер: 51
@PatTheRipperАй бұрын
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.
@vintagesportsshackАй бұрын
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.
@PatTheRipperАй бұрын
@@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.
@vintagesportsshackАй бұрын
@@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.
@dustinp5299Ай бұрын
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.
@vintagesportsshackАй бұрын
i have ocean front property here in indiana id like to sell you.
@vintagesportsshackАй бұрын
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?
@michaelbruce9197Ай бұрын
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.
@dustinp5299Ай бұрын
@@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.
@dustinp5299Ай бұрын
@@vintagesportsshack what kind of potential ROI am I looking at??
@michaelbruce9197Ай бұрын
I know you’re busy cracking all those slabs from the Dallas Card show, did you get my message?
@vintagesportsshackАй бұрын
I did go to a Dallas card show? Did get message. If I head towards Florida I'll let viewers know.
@lennybeucler6575Ай бұрын
I like Chris. He seems like a pretty good guy.
@vintagesportsshackАй бұрын
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..
@lennybeucler6575Ай бұрын
@@vintagesportsshack I agree. lol. I can’t afford to buy them. But man is It fun to watch other people spend money.
@livinwithltАй бұрын
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 🤙🏽
@livinwithltАй бұрын
@@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.
@Ready4WednesdayАй бұрын
Can't wait to see what dealers have for prices at the national
@buddyc8963Ай бұрын
Count on financial sodomy
@aaronrasmus3160Ай бұрын
Keep dancing to the remixes
@DanTheCardMan2Ай бұрын
Love the lovers 😂😂
@aaronrasmus3160Ай бұрын
You could buy boxes but don’t open
@matrixcmitechАй бұрын
I collect fillers and poor. The graded market does not affect me.
@GaryBynkoskiАй бұрын
Appreciate you friend. SCV retired yesterday. Now you are the sole remaining truth teller in the hobby. So BRING YOUR HEART TO THE SLAUGHTER
@vintagesportsshackАй бұрын
I saw he quit. It's a hard battle to fight.
@JeezyKeenАй бұрын
ever heard of sports card radio ? lol
@JeezyKeenАй бұрын
@@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
@stevezeppieriАй бұрын
Preach on Paul
@te2edgesportscards177Ай бұрын
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.
@vintagesportsshackАй бұрын
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...
@vintagesportsshackАй бұрын
@@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.
@vintagesportsshackАй бұрын
@@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.
@te2edgesportscards177Ай бұрын
@@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.
@vintagesportsshackАй бұрын
@@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