The TRUTH about Pokemon Card INVESTING in 2023! (Market Experiment)

  Рет қаралды 13,284

Pokemon Classics

Pokemon Classics

Күн бұрын

My eBay Store: www.ebay.com/s... (Affiliate Link)
When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.
Recently, Pokemon investing videos have been filling my recommended feed here on KZbin. But seeing all these videos make me wonder: how easy is it to actually make money replicating some of these investment strategies . . . especially for something new and inexperienced to buying and selling Pokemon cards. I decided to do an experiment and today we’re breaking down the results! I’m Pokemon Classics and I invite you to join me for this episode of the truth about Pokemon investing.
Thanks for watching,
Pokemon Classics
KetchumAllCollectibles (Dan): / channel
*Music Provided by Game Chops: gamechops.com/...
*Produced by Mikel and Mastered by Dj CUTMAN
*Note: These are merely my observations and not to be taken as financial advice or investing strategy. Always do your research before making any purchases.
✅CARD PROTECTION (affiliate links)
◾UltraPro Sleeves (Amazon): amzn.to/3c81Ux9
◾BCW Toploaders (Amazon): amzn.to/3uFoLXm
◾Card Savers (Amazon): amzn.to/3nUufd3
◾PSA SLEEVES (Amazon): amzn.to/3axyXdO
✅CARD STORAGE (affiliate links)
◾Divided Storage Box (Amazon): amzn.to/3P1my0I
◾Monster Storage Box (Amazon): amzn.to/3IsdBLr
◾Toploader Storage Box (Amazon): amzn.to/3IvUxfg
◾Graded Card Storage Box (Amazon): amzn.to/3ItmVyB
✅CARD DISPLAY (affiliate links)
◾Black UltraPro Stands (Amazon): amzn.to/3uL1S50
◾Acrylic Easel Stands (Amazon): amzn.to/3EIelt4
◾Acrylic Risers (Amazon): amzn.to/31SVcWG
◾36 Card Display Case (Amazon): amzn.to/3yZVnxz
◾8 Card Display Case (Amazon): amzn.to/3asTqAk
◾Acrylic Booster Box Case (Amazon): amzn.to/3yYSxZT
◾Acrylic Elite Trainer Case (Amazon): amzn.to/3c83hff
✅POKEMON PLUSHIES (affiliate links)
◾Charmander (Amazon): amzn.to/3nWUcsu
◾Bulbasaur (Amazon): amzn.to/3P6vuBN
◾Squirtle (Amazon): amzn.to/3yJKm2m
◾Blastoise (Amazon): amzn.to/3APeYSI
◾Snorlax (Amazon): amzn.to/3yykMx8
◾Gengar (Amazon): amzn.to/3yXZFWg
◾Espeon/Umbreon (Amazon): amzn.to/3PlFiYl
✅POKEMON BINDERS(affiliate links)
◾Pikachu Binder (Amazon): amzn.to/3IvUQGW
◾PokeBall Binder (Amazon): amzn.to/3awS2g3
◾Team Rocket Binder (Amazon): amzn.to/3nWIy0I
✅POKEMON PLAYMATS (affiliate links)
◾Charizard Playmat (Amazon): amzn.to/3ICzmby
◾Pikachu Playmat (Amazon): amzn.to/3IsJa7U
◾Mewtwo Playmat (Amazon): amzn.to/3It8VF9
◾Mew Playmat (Amazon): amzn.to/3yXMnJq
✅POKEMON CLASSICS (Social Media)
◾KZbin: / @pokemon_classics
◾Instagram: / pokemonclas​. .
◾eBay Store: www.ebay.com/s... (Affiliate Link)
When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.
#pokemoncards #PokemonNews #pokemon #pokemoninvesting #pokemonbusiness #pokemontcg #charizard #pokemonpsa

Пікірлер: 75
@leop12768
@leop12768 9 ай бұрын
In general, I think it’s ridiculous we get taxed on items that went through a sales tax.
@the-absolute-light
@the-absolute-light 9 ай бұрын
It’s so hard to flip things and make it worthwhile since everyone and their mom has their hand out for a fee along the process. I don’t expect free services or anything but it’s a lot of percentages that add up really quickly. I’m only grading for long-term holds.
@joaquincarrillo5354
@joaquincarrillo5354 9 ай бұрын
thats right this is the riskiest investment and the more knowledge u need, flipping isnt for new investors, good thing psa requieres a lot more than ebay to do the process, so many ppl skip it for that reason and good for them, also his taxes is the worst possible scenario?
@KetchumAllCollectibles
@KetchumAllCollectibles 9 ай бұрын
Thanks for having me on again! Video turned out great!
@jscottyson
@jscottyson 9 ай бұрын
Very well put togehter presentation as always! Though I believe you forgot to add the shipping & insurance costs both to and from PSA in your data. It is true that the grading of each card is $15 but adding the shipping both to and from PSA with obligatory insurance back from PSA adds up to quite a bit, especially with only just 5 cards.
@pokemon_classics
@pokemon_classics 9 ай бұрын
That’s true. I intentionally left that out since most people (including me in this situation) submit in larger quantities which helps reduce the expense per card. You’re right though if this were just five cards the shipping and insurance would add about $50 to the expenses.
@DamaCollectsCards
@DamaCollectsCards 9 ай бұрын
As for eBay, this was spot on. For people curious on how to dodge shipping fee’s, grading fee’s, eBay fee’s, and the same ability to write off a good 90% of all expenses, the answer is a rip and ship. Rip and ships, if done correctly that is, is a much more desirable option for most. Only thing is, it requires time, consistency, patience to build a following, fair pricing, knowledge, etc etc etc. I think it comes down to going through eBay for more fee’s and easy access for sales, or taking the gamble on a channel/rip and ship with the correct methodology and understanding on how to do it to dodge all the extra fee’s. WhatNot sellers with no tax knowledge being the worst example, KZbin sellers with a lot of tax knowledge being the best example. Just my own two cents, great video though! Also, once again, tax knowledge/write off’s is the biggest unspoken thing I feel 99% of people who try to sell cards don’t fully understand. Learning the basics at the very least is huge into lasting as a business VS disappearing come tax seaon.
@2736492821
@2736492821 9 ай бұрын
so how/where to find info for tax write off for us sellers?
@DamaCollectsCards
@DamaCollectsCards 9 ай бұрын
@@2736492821 consult a tax professional or just do research and apply what works for your business. A lot of trial and error in my own case, but once you get it down/know the basics it helps a lot. Then from there it’s learning the more niche tax stuff that a professional can help with a lot
@ShewWoW
@ShewWoW 7 ай бұрын
where do people do rip n ships? instagram, whatnot?
@reidarmor
@reidarmor 9 ай бұрын
KetchumAllCollectibes has entered the chat 💸
@tcgbuyersclub
@tcgbuyersclub 9 ай бұрын
This was such a fun breakdown! Thanks for walking us through the whole process and sharing you thoughts - I learned a lot 😊
@AceNelsonGaming
@AceNelsonGaming 2 ай бұрын
Excellent video. I just started on my journey this is a great help!
@JH-cb2zf
@JH-cb2zf 9 ай бұрын
I always enjoy your videos man. Recently I acquired alot of japanese full art and art rares such as Tyranitar, Raichu from Paldea evolved etc. English versions are 2x to 3x more expensive than japanese. I enjoy the art, and I got both of these for like 12 dollars.
@pokemon_classics
@pokemon_classics 9 ай бұрын
Value is what we see in the cards; regardless of price, if you enjoy the cards and the artwork then it sounds like a great value to me.
@chriskim818
@chriskim818 9 ай бұрын
This was a fantastic video. So much helpful information. Would be curious to hear from you about what criteria you used to find clean copies of the raw cards on eBay
@joervintagepokemon6976
@joervintagepokemon6976 9 ай бұрын
The days of buying bulk lots of 1st edition holo cards for less than 100 bucks are gone. You can still buy lots, but the risk is much higher now with the increased cost and uncle sam is more aware the bigger the dollar value on what you buy. Great video!
@dagreenshiz
@dagreenshiz 9 ай бұрын
Thanks Dan & Classics for the investment advice!
@RoyalSubjectsMusic
@RoyalSubjectsMusic 9 ай бұрын
All I learned is there's literally zero reason to buy a PSA 10 when you can get the 10 quality raw for over half the price.
@its_grev
@its_grev 9 ай бұрын
Well said. Great experiment breakdown
@iFOMO23
@iFOMO23 9 ай бұрын
Always exceeding expectations! Thanks for the great video!🎉❤
@MrGuitarfreak132
@MrGuitarfreak132 9 ай бұрын
I would call this flipping which is more about making quick money. And in the case you are grading and enhancing what you buy before selling it so it’s really a business. Investing to me is a much more passive action. You buy, hold, and eventually sell. You might put a little work into buying and selling on each end but in general investing implies your money working for you while you sit on your investment.
@pokemon_classics
@pokemon_classics 9 ай бұрын
I personally agree with your distinction and understand the difference. This is intended as an ongoing series highlighting some of the different short-term flips and long-term holds that are promoted as investments. I'll cover some long term items too (sealed products), but under this format of showing the process from start to finish, those will need more time to develop.
@bradleyhalabi3992
@bradleyhalabi3992 8 ай бұрын
Grade for my visual enjoyment not for potential profits. I use sealed product for long term investments
@IIDannyBoyII
@IIDannyBoyII 9 ай бұрын
imo theirs options are more safe and efficient but its the most fun and should be viewed more than a hobby than an investment
@RidePittsburgh247
@RidePittsburgh247 9 ай бұрын
Great video as always! Keep up the great work!
@barrettcollector
@barrettcollector 9 ай бұрын
as you also said multiple times in the video, I would have titled this flipping rather than investing as it can be a bit deceiving in my humble opinion:)
@pokemon_classics
@pokemon_classics 9 ай бұрын
That’s a fair point. Many people treat them as synonymous, but I agree, the duration and intent make a difference.
@iceghost27
@iceghost27 9 ай бұрын
I also agree, investing is a different strategy - buy to hold long term. Meanwhile, flipping has the connotation of buying to sell short term. Often as quick as possible. That being said I loved the video, great job with it! You put a lot of effort into your videos and it shows. I enjoyed this one.
@TheSnackAttackingSnorlax
@TheSnackAttackingSnorlax 5 ай бұрын
3 months , not including the time to look and time to sell and ship, with a $600 risk…. For $100 profit?? I think I’d rather just pick up a few extra hours under the table or something… lol…
@MrProdigistry
@MrProdigistry 9 ай бұрын
Great video as always!
@senseijay135
@senseijay135 9 ай бұрын
Only margins to make a difference would be to sell off eBay (fb marketplace or discord). I have an ebay and I do like selling on their platform. PayPal processing fees 3% (goods & services) versus ebay's listing fees can make those margins more.
@pokemon_classics
@pokemon_classics 9 ай бұрын
That’s true, but eBay is usually a much larger audience and efficient platform. You’re right though, that could make a significant difference in profit margin, especially over numerous sales.
@eugenepjk
@eugenepjk 9 ай бұрын
Hi! Just wonder your thoughts on selling cards on other platform such as goldin, pwcc, etc.
@Blastboost86
@Blastboost86 9 ай бұрын
Great info and content. Thanks for the insight.
@pokemon_classics
@pokemon_classics 9 ай бұрын
How are you doing these days? Is the Blastoise collection still growing?
@Blastboost86
@Blastboost86 9 ай бұрын
@@pokemon_classics all is well. Thank you for asking. 🙏🏼 silently collecting some Rare Stoises. I been quite busy with life but yes! The Blastoise’ will be revealed soon enough.
@project1811
@project1811 4 ай бұрын
Hello from korea!! Thx for toppic
@doctorgap
@doctorgap 9 ай бұрын
Gotta avoid those taxes at all cost 🙌🏻
@pokemon_classics
@pokemon_classics 9 ай бұрын
I pay my taxes, but I also feel entitled to complain about them (way too high, in my opinion).
@Poke_anonymous
@Poke_anonymous 9 ай бұрын
So you had roughly 6 months invested in this for like 100 bucks profit? Dang man doesn't really seem worth it.
@maxpotiontcg
@maxpotiontcg 9 ай бұрын
The Devil is in the detail 😈
@pokemon_classics
@pokemon_classics 9 ай бұрын
Those little expenses add up quickly!
@Dr.Magikarp
@Dr.Magikarp 9 ай бұрын
Kinda demoralizing, but very informative and gives me solid targets to focus on when buying and selling cards. I'm not a flipper, I just sell some cards out of collections I buy to fuel the hobby.
@pokemon_classics
@pokemon_classics 9 ай бұрын
Honestly, that's the best starting point and my personal strategy too. Buy collections, keep the ones I need, sell the extras to help fund future collection purchases. It can still be profitable but is also a fun way to engage with Pokemon more holistically.
@Dr.Magikarp
@Dr.Magikarp 9 ай бұрын
@pokemon_classics The problem for me is finding collections to buy. People who actually come through are few and far between. What is your method of finding collections??
@pokemon_classics
@pokemon_classics 9 ай бұрын
A lot of searching through eBay and occasionally other platforms . . . I've had plenty of auction misses and collections that just weren't worth it though. It's become much more difficult to find value, but every now and then something comes along@@Dr.Magikarp
@jexgor3113
@jexgor3113 9 ай бұрын
WOW SUCH A GOOD CONTENT
@hitman10190
@hitman10190 8 ай бұрын
Wow you’re a teacher as your day job what do you teach and at what education level?
@pokemon_classics
@pokemon_classics 8 ай бұрын
I teach high school English courses and video production classes.
@hitman10190
@hitman10190 8 ай бұрын
@@pokemon_classics wow that’s amazing you got something to fund an amazingly nostalgic hobby like collecting wotc which hits the nostalgia button just right, and just curious but do you collect any of the old school Yugioh cards also?
@brenintate1686
@brenintate1686 9 ай бұрын
The IRS is skipping the $600.00 dollar rule again this upcoming year screw the tax side of it and if they seriously delved that deep into every single person who sells literally anything as a side hussle but I do understand the eBay fees shipping etc…
@pokemon_classics
@pokemon_classics 9 ай бұрын
I think the IRS dropped the mandatory 1099K threshold on selling platforms to $5000 this year as they work to phase in the $600 threshold. For most people, they could probably go under the radar (assuming eBay doesn't send 1099's anyway), but that would technically be illegal and isn't advisable. Personally, I report my earnings and pay my taxes; however, I also complain about it and regularly advocate for lower taxes and better stewardship from our debt-addicted government.
@MertzCollectibles
@MertzCollectibles 9 ай бұрын
You should register as a reseller with MN so you don't have to pay sales tax!
@MertzCollectibles
@MertzCollectibles 9 ай бұрын
made this comment before Dan's explanation/comments!
@pokemon_classics
@pokemon_classics 9 ай бұрын
Yup, when I make these investment experiment videos though, I want to approach them as a beginner. Fortunately, it’s just a few purchases in my case.
@Dinosaur_Doggo
@Dinosaur_Doggo 9 ай бұрын
Yeah well, this is not an investment. You were reselling and flipping, not investing. But great info for us sellers out there. Just not what I expected from what the title suggests.
@dylanbanocy7729
@dylanbanocy7729 9 ай бұрын
There is no right or wrong answer. If someone wants something bad enough they will buy it no matter the price. I'm a successful dealer. I sell at top dollar, and I get the prices I want. Also know your audience.
@Ajaxx47
@Ajaxx47 9 ай бұрын
Pretty much just showed clips of all the channels I watch lol
@A1223-v4i
@A1223-v4i 9 ай бұрын
Imagine making profit then you get a lose because of taxes. We really need to cut taxes!
@kevinhirsch5544
@kevinhirsch5544 9 ай бұрын
What website do you use at minute 2:08 where you can see the percentage of gem grades?
@pokemon_classics
@pokemon_classics 9 ай бұрын
That's TCGFish it has a searchable database with population reports and sales atuomatically data updated regularly.
@kevinhirsch5544
@kevinhirsch5544 9 ай бұрын
@@pokemon_classics wow, what a great tool! Thank you!!!
@xjamiec
@xjamiec 9 ай бұрын
Just grade 10s
@ilgattoyuumi
@ilgattoyuumi 2 ай бұрын
I really love the content, but i hate the "like subscribe before 1 minute" thing, dislike
@pokemon_classics
@pokemon_classics 2 ай бұрын
That's fair . . . I appreciate the feedback either way, and I'm glad you enjoyed the video!
@ThorTheOdinSon
@ThorTheOdinSon 8 ай бұрын
sealed product
@SDCISHERE
@SDCISHERE 9 ай бұрын
😮
@Trao_TCG
@Trao_TCG 9 ай бұрын
The TRUTH about pokemon card INVESTING in quick FLIPPING..... makes no sence bro all the investing channels are talking about sealed bb looooooooooooooooool
@pokemon_classics
@pokemon_classics 9 ай бұрын
I understand that and realize the difference. This is intended as an ongoing series highlighting some of the different short-term flips and long-term holds that are promoted as investments. I'll cover some long term items too (sealed products), but under this format of showing the process from start to finish, those will need more time to develop.
@Trao_TCG
@Trao_TCG 9 ай бұрын
@@pokemon_classics oh cool maybe add a part one to title that'll explain everything 🤘
@PokecChef954
@PokecChef954 9 ай бұрын
Dude I say it all the time but I love your content. Loved this video. Very cool with dan involved too. You both are awesome. Great job as always!!! 🤌
@pokemon_classics
@pokemon_classics 9 ай бұрын
Dan is amazing; he's super knowledgeable and very generous with the amount of insight he shares with us mortals. Also, I appreciate your kind words! Videos like this take me about 10-12 hours to make, so it's always rewarding to hear when people find them informative and/or entertaining.
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