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Old 12-04-2020, 12:36 PM   #24
Ericc5Bears
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Join Date: Aug 2020
Posts: 1,263
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Quote:
Originally Posted by discodanman45 View Post
Any card in today's market is probably the riskiest and worst investment you can make. The prices have already hit all time highs and making money will be impossible IMO. You will need to buy and pay 10% above value to cover shipping and taxes. When you sell you will need to pay 15% in eBay fees to sell at the highest price. So to make a small profit the card needs to go up by 30%. Plus whatever profits you make you will have to pay 30%ish taxes on. So to make a few bucks your card will need to increase in price by 50%. Does this sound like a good investment?
I mean your first 2 points are valid but you have to pay taxes on pretty much anything you do in life that generates profit so I don't really think that should be counted.
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