uchiha101

As for what I want to buy as a long term investment it would have to be AF15, IH #1 or showcase 4.

Thanks I'm doing my best to be careful as I already made a lot of mistakes but I'd be investing in blue chip comics as a long tern investment. I'm on employment right now so I'm just following trends of comics and seeing what's hot and what's not.

don't worry I'm not giving up by a longshot just in my situation it will makes sense to have less but more valuable comics I think this depends on how much time vs money you have. It is relatively straightforward to dig through $1 boxes wherever you find them and find books that you can sell for $3-5. It's a fairly safe way to grind out a small profit in comics. However, it is an enormous amount of work for the money involved. Are you in school or have a job currently? If you don't, the small ball strategy makes the most sense, since your time is not earning you anything currently. It also allows you to build up a little capital without much risk. The problem with moving to bigger keys is that there are thousands of people driving the margins of selling them down to almost nothing. You're less experienced than most of them and have much less capital. I'm not sure what advantage you are going to have in that game. That's my problem I have to many comics with little to no value so I'm going to sell or trade them for comics that are more valuable and yes I'm not as experienced or have as much money as them but I'm building myself up.

That would be quite a lucky find. :-) yup I'm working on finding the 1st wrap

don't worry I'm not giving up by a longshot just in my situation it will makes sense to have less but more valuable comics

No I'm not giving up but I'm thinking of changing my strategy to taking consignments and buying collections when we move because a couple people made me realize that having lots of comics isn't doing me any good right now but I'll see how it plays out. Besides I can't just give up on everything before I get than hang of it

There's a lot of ok "20 boxes with 300 comics each, I think I can get $4000 for the 10 keys (5 of which need to get graded) I saw plus $1 each for the rest of the comics, but it will take me soooo much work to sell the rest, (or I can blow them out at a quarter per comic)" What is this really worth to me??? What if I can get $2 per comic??? What about the risk of a restored comic??? ^ This kinda of math I can do my brother is a math whiz so if I ever need help I can ask him and when I buy things I do think about those sort of things as well and I think I'm figuring out what I want to do. Taking consignments and selling them for people but in that time I can learn more about...about...math

you're dealing with money. It's going to be complicated. if it was easy, everyone would do it, or least be successful at it. you have a point but if there's one thing I hate it's balance sheets that pisses me off

how many comics I have left? I think he/she means "How much did you pay for whatever you have left?" THAT is your inventory. BUT since you're ostensibly trying to sell/trade all of it now, its probably not in your best interests to let people know how much you paid for it. But please please please please please if you're going to continue with this, please please please take a basic accounting class (or read a basic accounting book), so you can understand basic terms like revenues, income, cost of goods sold, inventory, etc. Or work for someone who does understand these things. Also, it may not always seem like it, but "I suck at math" is not a great characteristic to have for this business. There's a lot of math to be done instantaneously, especially when buying and the guy is standing there looking at you and waiting for you to look up the price and then do the math to see if its profitable for you. On the whole, you will do better in negotiations if you know your stuff, can do the math quickly, and shake hands without looking up anything on your phone, if you're buying from non-stores in person. And because margins are going to be soooo thin for you (and your money tied up in inventory), that little bit (especially when you move up in volume) is going to be the difference between success and survival and failure. There's a lot of ok "20 boxes with 300 comics each, I think I can get $4000 for the 10 keys (5 of which need to get graded) I saw plus $1 each for the rest of the comics, but it will take me soooo much work to sell the rest, (or I can blow them out at a quarter per comic)" What is this really worth to me??? What if I can get $2 per comic??? What about the risk of a restored comic??? What's the expected value? And in how long? What if you could get $2 per comic? $3? What else do you need your money while the bulk of your money is at CGC? I'm not saying this to crush your dream, but before you put your money where your mouth is, you have to put your money and your mouth where you hope your money will be. Accounting and math are soooo KEY to any sales business, especially when you're not the creator of everything. Its soooo competitive, and the margins are soooo small, what are you bringing (other than passion, a mildly charming naivete) to give you a comparative advantage when you're already starting from huge disadvantages of limited capital, limited comic books (many dealers start with their own huge collections), zero experience, bad geography, having to seemingly move quite often. That being said, if you're doing this part time to slowly build some extra cash and have some fun while you're in school or have another full time paying day job, get some experience, I think that's great, have a ball. But if you're all in, you can't treat it like you're biding time before you win the lottery (milehigh), you have to treat it like you're preparing to go to war for the next 40 years of your life, which means training, learning, making and sharpening tools and weapons, making allies, raising a war chest, building a base. And sparring. The only thing it sounds like you're doing is sparring (which is VERY important too). If that's not for you, no shame to sit a desk like most of the rest of us, take care of your self and your family. It sounds a lot of fun to be selling and buying comics for tens of thousands of dollars, to be literally holding history, and supporting your family doing something you have a passion for. Some have worked to build that life, and have been very successful. I bet NONE of those people would describe themselves as "I suck at math". I took a business course not too long ago but I feel that either I'm not understanding this, need a refresher or people are making this more complicated than it needs to be.

how many comics I have left?

Comic collection update I will be selling or trading my comic collection for something smaller I can carry with me Financial Update I suck with math but I'll try my best What I spent on comics so far $7717.13 How much money I made from selling comics $3390.80 Total $-3311.33

bump still looking for action comics 15 cover, 1st wrap and two centerfolds

haha fair enough but I'm happy with the deal

Did that $0.50 seal the deal, Gabriel? haha truth be told it did you never know and it helps that I asked what his highest offer was and get me a screenshot of it

If you can meet your buyers needs and work your way up to top rated seller status your fees will drop to 7.2% on BIN sales. Having an EBay store gives you additional controls and exposure. With the listings that come with the store for the most part it will pay for itself. You can also get your PayPal fees down but you will have to call them first. They typically run 2.9% + $.30 per transaction. At $3000 the following month they drop to 2.5% + $.30. At $10,000 they drop to 2.2% + $.30. There may be additional caveats converting USD to CDN and vice versa. If you can insert these practices you will save about $125 on every $5000 you sell. Good luck (thumbs u Wow I never knew this can happen so I can call paypal right off the bat and ask them to lower my fees? or is that after I reach top rated seller status? and these numbers are monthly right? If so I could use more consignments to get things started

Nice... sold mine day before yesterday

Today's thoughts Yes I finally got a nm 98 comic that I'm happy about 1st Cash plus trade update Today I traded a IM 55 CGC 4.5 and $116.50 cash for a nm 98 CGC 9.6

are you taking about my ebay listings?

ok I'll list what I have on the boards and see what happens but they just say "nice comics" even though I stopped saying that.

what do you think the JLA #1 and IM 55 will get me? Gpa says 1.8 $430 IM 55 4.5 $310 and my listings are already BIN and best offers means my listings must suck

Ebay fees are relatively low compared to the audience of potential customers they deliver for you. But yeah, Ebay/Paypal fees are IIRC about 14% so you have to average at least about 20% profit to make it worth while - or else do a HUGE volume of sales. I started my Ebay-selling adventure this year and am pleased with my returns and profitability - but in the last week or so I slacked off keeping inventory up for sale and have learned how important momentum and CASH FLOW is. Good luck on your ventures! Thanks doing my best

Ebay update Their fees make me want to rip my hair out whatever profit I'd make gets eaten up by those fees Today's thoughts Ebay sucks

haha thanks I'm working on it

Very little meaning about 100 books? It's probably 2999 copies of Spawn 1 and a Superman: Man of Steel 3. I wouldn't complain spawn #1 is heating up Yeah, every time I get some in they sell quick. Nice yeah I believe because a movie is in the works or something like that

CGC Hiccup Well I've been send my comics six days earlier which is great but they skipped the imaging process and I get it towards my next bunch of comics I slab Pending comics JLA #1 NG Sold Comics X-men 266 Cap 360 Cap 359 Today's Thoughts money is rolling in and comics are selling