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Todd the Ugliest Kid on Earth
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Started by fastballspecial,

3,780 posts in this topic

ZaCrew

ZaCrew

Posted
Posted
hmmm, i am sitting here wondering what kind of responses that post is going to get. I feel like low post count, plus hoarding/flip question is a bad combo.

 

I'd say this; which is generic investing advice, and true about anything which people buy and sell:

 

1.) If you are concerned about the money you have put in to an investment, which has increased in value, sell as much of it as is needed to cover all your costs, then you are invested for "free" and have removed risk from the equation.

 

2.) Anything which has a value that is correlated evenly slightly to scarcity, will always suffer if a person holding a large position attempts to exit that position too quickly. Aka, dont sell a bunch of the same thing and devalue your own item for sale. One person having 40 #1 9.8s, posting pictures of it, talking about it, etc, can and will devalue said item.

 

---

 

 

That covers my advice to you. As for comic specifics, #2 isnt worth enough to justify mass slabbing imo. If I were you, i'd slab the 40 #1s, via joey on a pressed 9.8 pre-screen. Go back in time, and not post that I had 40 of them, and then quietly sell enough to cover all my expenses. At that point: if I believed in the book/show I would hold the rest, otherwise i would continue selling slowly and watching how it progresses.

 

If I was unsure and wanted others' opinions, I would probably have asked the same question you did, but not talked about the quantity I hold. something like. "hey guys, i have todd #1 1st print, what is the general feeling on if this book will continue to rise?"

 

 

Wonderfully said... especially on point #2.

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Revival_Hoarder

Revival_Hoarder

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Posted

 

2.) Anything which has a value that is correlated evenly slightly to scarcity, will always suffer if a person holding a large position attempts to exit that position too quickly. Aka, dont sell a bunch of the same thing and devalue your own item for sale. One person having 40 #1 9.8s, posting pictures of it, talking about it, etc, can and will devalue said item.

 

-Perfect advice, CBT! Glad to see you back and commenting. Other people need to read this advice and not sell their books "in bulk" like the debacle involving PP#9 CGC 9.8s, which killed the market.

 

Thanks for sharing!

 

R_H

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