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Did you know Flipping/ Reselling doesn't just mean selling right away?
You can treat it like investing in stocks by buying and holding to make profits later
Let's look at some examples below
You can treat it like investing in stocks by buying and holding to make profits later
Let's look at some examples below
First, you need to understand that like stocks there is a market for everything
Every niche will have a market
The true power in buying and holding is investing in collectibles though
So what are some collectibles worth investing in?
Every niche will have a market
The true power in buying and holding is investing in collectibles though
So what are some collectibles worth investing in?
1. Sports Cards, Pokemon Cards, and Yugioh
Unopened boxes, 1st edition pokemon cards, and rookie cards from years ago are all much bigger profits today
With proper research, buying and grading cards now to hold for future profits is huge!
Unopened boxes, 1st edition pokemon cards, and rookie cards from years ago are all much bigger profits today
With proper research, buying and grading cards now to hold for future profits is huge!
2. Sneakers
Though this has gotten much harder, buying limited run sneakers from Nike and Adidas to resell is still very profitable
If you can hold on for a few years on a fresh pair of kicks, you can often profit big later.
Though this has gotten much harder, buying limited run sneakers from Nike and Adidas to resell is still very profitable
If you can hold on for a few years on a fresh pair of kicks, you can often profit big later.
3. Retro Video Games
Basically, old consoles and games start to be less in circulation and the value just goes up.
Popular games of that time or with limited runs will always end up being worth more down the road.
Keep an eye for old video games, they may be worth holding
Basically, old consoles and games start to be less in circulation and the value just goes up.
Popular games of that time or with limited runs will always end up being worth more down the road.
Keep an eye for old video games, they may be worth holding
4. Comics
Comics are good buys if your buying 1st appearance comics
With the popularity of comics getting turned into movies, you can expect prices to go up
You generally want to treat these like cards and have them graded
Comics are good buys if your buying 1st appearance comics
With the popularity of comics getting turned into movies, you can expect prices to go up
You generally want to treat these like cards and have them graded
5. Toys
You might want to buy extra toys when you're buying your kid's toys, if they are hot today they will likely be worth money later.
Some good examples are Star Wars, Legos, ninja turtles, and power rangers
You might want to buy extra toys when you're buying your kid's toys, if they are hot today they will likely be worth money later.
Some good examples are Star Wars, Legos, ninja turtles, and power rangers
The keys here are the same as stock
1. Buying low and selling high
2. Handling the ups and downs
3. Think long term
Consider investing in some of these as a hobby or a way to multiply your income down the road
If you found some value in this please give the first post an RT
1. Buying low and selling high
2. Handling the ups and downs
3. Think long term
Consider investing in some of these as a hobby or a way to multiply your income down the road
If you found some value in this please give the first post an RT
