November Live Zoom Time
Added 2021-11-22 21:34:21 +0000 UTCThe live zoom Patreon discussion will take place this coming Sunday, 11/28/21, at 830pm eastern. (Next month we will do an earlier time)
Topic: November Pokenomics Patreon Zoom
Time: Nov 28, 2021 08:30 PM Eastern Time (US and Canada)
Join Zoom Meeting
https://us02web.zoom.us/j/83636283967?pwd=NUtDREViU0dzektwWnBFVGwxNGxTdz09
Meeting ID: 836 3628 3967
Passcode: 964565
For those who can not make the live, please ask your questions below or in a private message and we will be sure to answer them.
Thank you all for the continued support!
Best,
Jake and Dan
Comments
I wont be able to make it unfortunately, but here is my question: Im starting with sharing some of my financial situation. So currently i have probably over 50% of my net worth either at PSA or ready to be sent in when the cost of grading will go down again. Over 90% of the cards are WOTC holos, old school EX:s, gold stars and lv x:s. Im experienced at determine condition and i know they will get PSA 8-10 and im looking to atleast double my money if the market just stays where it is. How do risky do you think this is? Would you say im taking to big of a risk by putting so much of my net worth in mint vintage cards for future grading? Im not leveraged and i can afford to lose all the money.
trainer_max
2021-11-28 17:50:43 +0000 UTCWish I could make this one but daughter’s birthday party takes priority….so I’m told lol. Just a couple related questions. My knowledge of collector markets mostly centres around action figures specifically G1 vintage Transformers for the past 20+ years. One difference that I’ve noticed is the use of leverage and the investment focus of Pokemon collectors, which is something that isn’t as prevalent in vintage Transformers. So that said: 1. How much of a risk to the overall market do you think leverage plays over the next 5 years? Understandably Pokemon is a large enough market that a handful of people deciding to cash out wouldn’t move the market (unless they’re whales) but with inflation increasing, interest rate hikes are expected for 2022, 2023 and possibly beyond, which will make that debt that people on leverage have more expensive. 2. Being a relatively younger market demographic, how much of a risk do you think the aging of the population plays? I personally see positives and negatives in this regard as the population ages, presumably the income levels will increase as many exit university/college or advance further in their careers earning more. However at the same time, it then introduces big milestone variables such as marriage, kids, purchasing property etc that are large financial drains. Thanks!
Alex Nakatsu
2021-11-26 14:04:35 +0000 UTC
