Our Investing Thesis
The hobby is huge. There is a ton of temptation and FOMO. It's easy to become undisciplined and sloppy in pursuit of making money investing in sports cards.
Our sports card investing thesis is three fold.
1. Don't Chase. The way to make money investing in Sports Cards is NOT to chase the hot players or cards, but to have the ability to identify the NEXT hottest player BEFORE their card prices take off.
2. Stay In The Game. Since each player has a countless amount of cards, it's necessary to stay disciplined in identifying and purchasing cards that will have the ability to rise in value. Go Low / Mid Risk as much as possible. Everyone wants the big names. If the price is already high, then the upside is already baked in. Buy the dip on either the card, the player or both. Have reasonable expectations. Not every card will yield a profit, but overall, if you stay in the game, you should make 20% over the long haul.
3. Be Set Up To Sell. The most overlooked part of profiting in sports card investing is actually being set up to sell your cards. This includes acquiring cards that are frequently transacted, so as to instill confidence in your future buyer by being able to show consistent sales comps. We're not saying not to acquire short prints and variations, but if you're looking to make an ROI quickly, these aren't always the best cards.
There are two windows. The long term window and the flippable window. The long term window is when you believe a player has a season or more of relevant potential "moments" ahead. The flippable window is when a player actually never has to perform well on the field or court, but only has to generate enough "hype" to see an increase in card value.
We know that our background of professional sports front office work and player scouting, high stakes fantasy sports expertise, digital content creation and sales will make our Sports Card Investment Report a critical piece in your pursuit of positive ROI on your Sports Card Investments.
There's no doubt that Booker is one of the best young stars in the NBA, and is sure to be the main stud on a winning team for years to come. He's electric, a gamer, and a fan favorite for sure. His market is solid and continues to grow as more and more young fans follow the NBA.
Booker is a great buy now and/or long term hold.
From ESPN.com - Phoenix Suns star Devin Booker has agreed on a four-year, $224 million supermax extension, his agents Jessica Holtz and Melvin Booker of CAA Basketball told ESPN's Adrian Wojnarowski. The deal begins in 2024-25 and brings Booker's total contract value to six years and $295 million.
The risk is that Booker never again returns to the NBA Finals in his career, and that's a distinct possibility given just how hard that feat is.
Basketball card prices are mainly dependent upon winning, so if Booker never again reaches his 2021 status as a Western Conference Champion, it's hard to see his prices really growing over time.
Spikes will happen, but real sustainable value increases will depend on winning in the playoffs.
I think of all players listed on our report, Booker probably has the most room for growth in his cards. I highly encourage you to make some Booker plays now. But you have to upgrade to our premium membership to get further recommendations below on exactly which cards to buy and what to do with them to make a return.