Silver and Gold is a very long term investment and nothing wrong with having a diverse portfolio. Silver has been going side ways at $19.xx. IMO nothing wrong with buying a couple 1oz bars every now and again at that price...
Yeah, but read the post I was responding to. He is saying Silver is a better investment than MTG cards just because MTG cards are cardboard. Guess an old master can`t be worth $100 mill because it`s just paint and canvess. He also stated silver is a good investment because it is down 50% from it`s peak, which may be true, but like I mentioned Gold and Silver had a bad spell of almost 20 years, pretty sure the OP isn`t looking at anywhere near that long.
The reality is, if you can make money with a realistic level a risk anything can be a good investment. And if you really know the market, something like MTG cards might actually be a lot better as you are investing in something you have a lot of knowledge about, not saying all your money, but a little bit on the side. Lots of people thought they were taking very little risk when the bought Apple when it peaked, not looking to good now.
What I would do, is scope out ebay. Find a deal on a collection of standard stuff, which routinely sells for less on average than a collection with potential for duals and fetches. So, you could spend $400 on $700 worth of cards, which is better than $400 on $400 worth of cards
This is the best advice so far.
I remember a year ago (or maybe it's two now) someone unknowingly put up a huge lot of cards they got from a storage unit auction. Something like 10,000 cards - everything showing was beta (including dual lands) Arabian Nights, Legends and Antiquities. Probably $2-3k in the cards showing (which was less than 100). It sold for $5000 and change, and someone was laughing all the way to the bank after winning that one I'm sure.
Yeah, but read the post I was responding to. He is saying Silver is a better investment than MTG cards just because MTG cards are cardboard. Guess an old master can`t be worth $100 mill because it`s just paint and canvess. He also stated silver is a good investment because it is down 50% from it`s peak, which may be true, but like I mentioned Gold and Silver had a bad spell of almost 20 years, pretty sure the OP isn`t looking at anywhere near that long.
The reality is, if you can make money with a realistic level a risk anything can be a good investment. And if you really know the market, something like MTG cards might actually be a lot better as you are investing in something you have a lot of knowledge about, not saying all your money, but a little bit on the side. Lots of people thought they were taking very little risk when the bought Apple when it peaked, not looking to good now.
Silver and Gold has a very long history of being worth something alot longer then MTG and PM's will be worth something a lot longer in the future then MTG. Simply put it is because MTG is just cardboard...
And I am not sure where you are getting your information from, but 20 years ago you would have bought say gold at about $400 an oz... today that same oz would be $1,335. I would say that is a pretty good return...
You can't compare PM's to MTG because MTG is cardboard and PM's are precious metals... can you make money and treat MTG as a stock commodity and make some money... sure but nothing wrong with advising someone to purchase silver if they want to "invest" in something...
Silver and Gold has a very long history of being worth something alot longer then MTG and PM's will be worth something a lot longer in the future then MTG. Simply put it is because MTG is just cardboard...
And I am not sure where you are getting your information from, but 20 years ago you would have bought say gold at about $400 an oz... today that same oz would be $1,335. I would say that is a pretty good return...
You can't compare PM's to MTG because MTG is cardboard and PM's are precious metals... can you make money and treat MTG as a stock commodity and make some money... sure but nothing wrong with advising someone to purchase silver if they want to "invest" in something...
apples to oranges here...
And 18 years ago you could buy an Underground Sea for $4 and now they are $180 TCG, I would say that is a pretty good return.
I have heard of people in finance actually investing a small amount of their portfolio in Magic cards on the reserved list. Just because it's cardboard doesn't mean it's not a valuable asset. Just in the last year, you could make quite a bit buying and sitting on The Abyss, Chains of Mephistopheles, Nether Void, Gaea's Cradle, Karakas, and others. I wouldn't rush out to put $100,000 into it, but there is absolutely money to be made here.
If you are dead set on Magic cards, then a set of new shocklands would be my choice. I think they have more upside after rotation with their demand in standard. Yes, they have a pretty big supply, especially being in two separate print runs, but they will maintain their demand in modern. Once the supply dries up, they'll keep creeping up.
And 18 years ago you could buy an Underground Sea for $4 and now they are $180 TCG, I would say that is a pretty good return.
I have heard of people in finance actually investing a small amount of their portfolio in Magic cards on the reserved list. Just because it's cardboard doesn't mean it's not a valuable asset. Just in the last year, you could make quite a bit buying and sitting on The Abyss, Chains of Mephistopheles, Nether Void, Gaea's Cradle, Karakas, and others. I wouldn't rush out to put $100,000 into it, but there is absolutely money to be made here.
Did you forget to read over this part or just read the part that you highlighted?
Quote from Prophet_DNA »
You can't compare PM's to MTG because MTG is cardboard and PM's are precious metals... can you make money and treat MTG as a stock commodity and make some money... sure but nothing wrong with advising someone to purchase silver if they want to "invest" in something...
Did you forget to read over this part or just read the part that you highlighted?
You can absolutely advise someone to put their money in precious metals. My point is just because Magic is '"cardboard", I don't think is a good enough reason to tell someone not to put money into it. Diversity is a good thing.
Thanks for all the feedback. I really appreciate it.
The dual land idea and mox idea seem interesting, but I'm not interested in legacy because I think I can turn bigger profits from the cards I've listed. The general consensus is to pick up RtR cards, specifically the shocks. I don't mind sitting on a card for a while, so shocks will be perfect. What do you think about other 'powerful' RtR cards such as abrupt decay and supreme verdict in addition to DRS, Jace, Vraska, and shocks as they were not discussed as heavily?
stick with your standard list. The profit cycle is much faster for standard cards.
Silver and Gold has a very long history of being worth something alot longer then MTG and PM's will be worth something a lot longer in the future then MTG. Simply put it is because MTG is just cardboard...
And I am not sure where you are getting your information from, but 20 years ago you would have bought say gold at about $400 an oz... today that same oz would be $1,335. I would say that is a pretty good return...
You can't compare PM's to MTG because MTG is cardboard and PM's are precious metals... can you make money and treat MTG as a stock commodity and make some money... sure but nothing wrong with advising someone to purchase silver if they want to "invest" in something...
apples to oranges here...
I said for 20 years, not 20 years ago. Everyone knows that gold and silver have had great runs over the last decade, though they have lot a lot lately.
For almost 25 years gold was a losing investment if you bought in 1980. Even if you bought after gold went back down, in 1981/82 it was a crappy long term investment until about 2005.
Edit: Also forgot to add, gold is currently declining. It it going to continue or bottom out? Is the OP an expert and can make that call. Pretty sure he will be able to make a better call on investing $400 in U dual lands. And really, who cares, it`s $400. Have fun and see if you can make money. If you buy some newer cards like shocks and have a hard time selling them for full value, well he is going to learn something about MTG and other playable/collectibles, buying is generally easier than selling.
Also, since this can be debated forever. Investments that are considered safe, such as stocks are "safer" due to long time horizons and diversification. Shorter term investments are always risky in case you have to cash out when you investment is down.
You can absolutely advise someone to put their money in precious metals. My point is just because Magic is '"cardboard", I don't think is a good enough reason to tell someone not to put money into it. Diversity is a good thing.
Being cardboard is not a great reason not to put money in cards, true. Here are some great reasons not to put $$ into MTG cards
- Zero tax advantage
- Zero income generation
- High frictional costs of transaction
- Very illiquid, slow moving market
- Physical commodity that can be lost/damaged/stolen
- Complete lack of information on future cards impacts to card value
It comes down to what your goals are for the money. If you want to maximize return, don't buy MTG cards, find a safe dividend stock, put your money in that, set youe dividends to reinvest, and leave it alone for 20 years
If you want to get a deck to get into a format, you're probably best off just buying as much of the deck as you can. $400 should get you close to something Goyf or Jace-less.
If you want the most card versatility, buy 40 shocklands, no question. Instantly playable in every format, even as cheap dual substitutes in Legacy.
If you just want to acquire as many cards as possible, I like the idea of buying duals now and then trading down at a premium post rotation. but that's really going to depend on the strength of your local trading scene. If possible buy the duals and then go to a GP or some other large event and trade there.
Being cardboard is not a great reason not to put money in cards, true. Here are some great reasons not to put $$ into MTG cards
- Zero tax advantage
- Zero income generation
- High frictional costs of transaction
- Very illiquid, slow moving market
- Physical commodity that can be lost/damaged/stolen
- Complete lack of information on future cards impacts to card value
It comes down to what your goals are for the money. If you want to maximize return, don't buy MTG cards, find a safe dividend stock, put your money in that, set youe dividends to reinvest, and leave it alone for 20 years
If you want to get a deck to get into a format, you're probably best off just buying as much of the deck as you can. $400 should get you close to something Goyf or Jace-less.
If you want the most card versatility, buy 40 shocklands, no question. Instantly playable in every format, even as cheap dual substitutes in Legacy.
If you just want to acquire as many cards as possible, I like the idea of buying duals now and then trading down at a premium post rotation. but that's really going to depend on the strength of your local trading scene. If possible buy the duals and then go to a GP or some other large event and trade there.
Some of your post is good, but some of it is so bad. "If you want to maximize return, don't buy MTG cards, find a safe dividend stock" this is the advice you give an person close to retirement age, not a young investor. Dividend stocks don`t maximize your investment, they are viewed as safe investment. To maximize your investment you should be investing in a diverse portfolio of high growth stocks, which should only be part of your portfolio.
- Zero tax advantage (realistically he won`t be paying tax on a $400 MTG card investment, if he does well the tax advantage as a % is big)
- Zero income generation (Lots of good stocks offer little income generation as well, it`s income vs growth, since he isnt about to retire income isnt needed, and on $400 it`s going to be almost nothing anyways)
- High frictional costs of transaction (100% agree, compared to many other investments the transaction costs for MTG cards are very high)
- Very illiquid, slow moving market (Semi agree. If we take into account the above point they are very liquid, since we are willing to pay the transaction costs, such as Ebay or lower than market prices from local collectors. Trying to get full value for most product does make them harder to move.)
- Physical commodity that can be lost/damaged/stolen. ( I think, minus some damage, these would be very extreme cases if people are very careful with their cards. You don`t pay attention while trading and I agree this can be a big issue.)
- Complete lack of information on future cards impacts to card value. (Sure, but this can be for anything. Cell-phone providers stop subsidizing phones would make Apple/Samsung bad investments. If this was to happen you can be sure guys on the street would know before you. Reality is, buying top Legacy cards on the RL is pretty safe, not 100% but overall pretty safe, again, we are talking a $400 investment. Pretty sure nothing is going to replace duals)
Come on guys, it`s $400. Give the guy MTG advice so he can have some fun. It`s not like were telling him to be careful with his 401k/RRSP`s because he is 60 years old.
Like many have said before, i would buy singles online and try to make your $400 go farther. 90% of my local shops use SCG for pricing and you can find cards much cheaper online. (ebay, tcgplayer, etc)
I really appreciate all the feedback I've been getting. I was afraid to even try and invest in MTG, but I decided to because it's a game that I plan to be around for quite some time.
The list I picked up yesterday was: 40 shocklands, 9 Jace AOT, 7 Vraska, 5 Thalia, and 6 Melira for 400$
I also did the math really fast to see what I can make from this experiment.
Assuming shocks will rise to 15-25 $, shocks will be approx 750 $(on average) and I can sell them for 600-700 (hopefully). Jace at 15-20 will be 157.5 so I'm looking at 130 $ (at best probably). Vraska at 10-15 will average 75 $ so probably 60 $ thalia and melira at 5 $ is 55 which means 40 $ maybe.
The shocks alone cover the cost of this experiment and that leaves me with an extra 330 $ (this is all in theory of course).
I really appreciate all the feedback I've been getting. I was afraid to even try and invest in MTG, but I decided to because it's a game that I plan to be around for quite some time.
The list I picked up yesterday was: 40 shocklands, 9 Jace AOT, 7 Vraska, 5 Thalia, and 6 Melira for 400$
I also did the math really fast to see what I can make from this experiment.
Assuming shocks will rise to 15-25 $, shocks will be approx 750 $(on average) and I can sell them for 600-700 (hopefully). Jace at 15-20 will be 157.5 so I'm looking at 130 $ (at best probably). Vraska at 10-15 will average 75 $ so probably 60 $ thalia and melira at 5 $ is 55 which means 40 $ maybe.
The shocks alone cover the cost of this experiment and that leaves me with an extra 330 $ (this is all in theory of course).
interesting list... sounds like some youtuber's....
As has been discussed a ton of times, Vraska is a bad planeswalker. If it were good, it would have been played in a ton of formats from Block to Standard, yet it wasn't, and it's not because she was outclassed by other planeswalkers either - planeswalkers in standard have been rather underwhelming as a whole.
I know there's a youtube video where that newlawstudent says this card will go up, but don't listen to that reasoning if this where you got your spec target from. It is incorrect. She cannot protect herself, and there is no way you can force your opponent to attack vraska. Otherwise, it's just a 5-mana vindicate. Even if you do get 2 vindicates out of it, it will take 3 turns. It is not likely your opponent will throw everything at Vraska to stop you from Vindicating a second time either. They will just kill you instead. It's bad.
i really cant believe people put so much money in magiccards, hoping they go up...
what if shocks dont rise at all?
also i doubt vraska will go up.
jace okay... i think too that he will go up. but seriously if you want to speculate with 800$ or something, go to the stock market, where you can make real profits with at least not more risk..
Vraska has already gone up. She was down to $4 on tcgplayer and now she's nearly $7. The casual appeal in her is super strong, and the fnm people love her.
I think people think she will improve "after rotation." The flaw in that is there is 3 planeswalkers in theros, and the chance that she will be better then those is marginal.
i really cant believe people put so much money in magiccards, hoping they go up...
what if shocks dont rise at all?
also i doubt vraska will go up.
jace okay... i think too that he will go up. but seriously if you want to speculate with 800$ or something, go to the stock market, where you can make real profits with at least not more risk..
if you actually knew how much you can make from speculating... you would change your mind.
and newlaw will have another video about vraska soon enough... this I assure you. going from 5 to 7 is a 40 percent increase. if she breaks 10 it will be a 100% increase.
Very few stocks or otherwise in a month can go up 100%. but for magic cards its typical.
I brought voice at 12.50 preorder (8) of them. one week later they are selling for 40 dollars cash. So I cash out.
I brought archangel at 8 dollars pre-order (8 regulars). One week later they are selling for 25 dollars cash. So I cash out.
Vraska will be no different.
Everyone said voice sucked. And archangel was too expensive at that price. Even Ryan Bushard who is a finance guru thought archangel would go down to 5 when it got release.
I.... I mean newlaw predicted it even before there was a pre-order price. And newlaw has the videos to back all of these claims up... unlike most speculators.
If vraska breaks 10 dollars. then buying her at five means you can sell her at 7.50 and make a 50% profit. Very few stocks can do that.
Vraska was never selling for $4 in mass quantities. She has always been selling between $5-8 at various stores since February, and averaged around $6.50.
She did see a small spike up in June, around $0.50, but has since come down. $7-8 has always been the higher end of sale price, unless you go all the way back to mid December.
There is a very, very low chance she will see play after rotation. She's not even good now, and there is no reason to think she will be good after rotation in Standard without seeing what cards are in Theroes, as the best Golgari strategies do not even synergize with Vraska very much at all.
I really do not see this card going up much. It is a bad spec target, and the the $3 jump is false. The price history does not reflect that at all, unless you take one period's low and another period's high, which you could do for any card and make these stupid claims.
I really appreciate all the feedback I've been getting. I was afraid to even try and invest in MTG, but I decided to because it's a game that I plan to be around for quite some time.
The list I picked up yesterday was: 40 shocklands, 9 Jace AOT, 7 Vraska, 5 Thalia, and 6 Melira for 400$
I also did the math really fast to see what I can make from this experiment.
Assuming shocks will rise to 15-25 $, shocks will be approx 750 $(on average) and I can sell them for 600-700 (hopefully). Jace at 15-20 will be 157.5 so I'm looking at 130 $ (at best probably). Vraska at 10-15 will average 75 $ so probably 60 $ thalia and melira at 5 $ is 55 which means 40 $ maybe.
The shocks alone cover the cost of this experiment and that leaves me with an extra 330 $ (this is all in theory of course).
Interesting list. I think you did well with the shocks. I wouldn't have bought more than a playset of any other card, I'd rather have more copies of cards I can play then extra copies of cards I don't need sitting around gathering dust. Thalia was probably a decent idea given her Legacy play, other than that I don't see the rest of those cards going all that much north of $10.
I would have gone 40 shocks than as many Zendikar Fetchs as you could get your hands on.
Very few stocks or otherwise in a month can go up 100%. but for magic cards its typical.
The market for MTG cards is far to illiquid and the frictional costs of buying/selling are so high as to make any comparison to stocks just silly.
I am getting a new concrete patio installed in my house. I went online and sold $5000 worth of stock for a $9.95 commission and had the money in my bank account in about 30 seconds. Getting $5000 cash out of a Magic collection would probably entail a collection worth closer to $6000 and a month or more of trying to dump the stuff on eBay and cashing a couple hundred money orders and paying eBay and PayPal fee's out the wazoo. There is NO comparison between the two.
Interesting list. I think you did well with the shocks. I wouldn't have bought more than a playset of any other card, I'd rather have more copies of cards I can play then extra copies of cards I don't need sitting around gathering dust. Thalia was probably a decent idea given her Legacy play, other than that I don't see the rest of those cards going all that much north of $10.
I would have gone 40 shocks than as many Zendikar Fetchs as you could get your hands on.
The market for MTG cards is far to illiquid and the frictional costs of buying/selling are so high as to make any comparison to stocks just silly.
I am getting a new concrete patio installed in my house. I went online and sold $5000 worth of stock for a $9.95 commission and had the money in my bank account in about 30 seconds. Getting $5000 cash out of a Magic collection would probably entail a collection worth closer to $6000 and a month or more of trying to dump the stuff on eBay and cashing a couple hundred money orders and paying eBay and PayPal fee's out the wazoo. There is NO comparison between the two.
so you are saying that everyone can make money from stocks that easily...
I find that strange. You could also get a job and make money.
I will stand by vraska and in time we will see who is right. I won't debate her here anymore.
But if she does spike I will be quoting everyone here for a youtube video.
Yeah, but read the post I was responding to. He is saying Silver is a better investment than MTG cards just because MTG cards are cardboard. Guess an old master can`t be worth $100 mill because it`s just paint and canvess. He also stated silver is a good investment because it is down 50% from it`s peak, which may be true, but like I mentioned Gold and Silver had a bad spell of almost 20 years, pretty sure the OP isn`t looking at anywhere near that long.
The reality is, if you can make money with a realistic level a risk anything can be a good investment. And if you really know the market, something like MTG cards might actually be a lot better as you are investing in something you have a lot of knowledge about, not saying all your money, but a little bit on the side. Lots of people thought they were taking very little risk when the bought Apple when it peaked, not looking to good now.
This is the best advice so far.
I remember a year ago (or maybe it's two now) someone unknowingly put up a huge lot of cards they got from a storage unit auction. Something like 10,000 cards - everything showing was beta (including dual lands) Arabian Nights, Legends and Antiquities. Probably $2-3k in the cards showing (which was less than 100). It sold for $5000 and change, and someone was laughing all the way to the bank after winning that one I'm sure.
Silver and Gold has a very long history of being worth something alot longer then MTG and PM's will be worth something a lot longer in the future then MTG. Simply put it is because MTG is just cardboard...
And I am not sure where you are getting your information from, but 20 years ago you would have bought say gold at about $400 an oz... today that same oz would be $1,335. I would say that is a pretty good return...
You can't compare PM's to MTG because MTG is cardboard and PM's are precious metals... can you make money and treat MTG as a stock commodity and make some money... sure but nothing wrong with advising someone to purchase silver if they want to "invest" in something...
apples to oranges here...
Commander
G Ezuri, Renegade Leader G
GW Sigarda, Host of Herons WG
Legacy
GU 12 Post UG
Trade Thread: Click Here
Image Disclaimer: Please review User Notes before clicking infraction.
And 18 years ago you could buy an Underground Sea for $4 and now they are $180 TCG, I would say that is a pretty good return.
I have heard of people in finance actually investing a small amount of their portfolio in Magic cards on the reserved list. Just because it's cardboard doesn't mean it's not a valuable asset. Just in the last year, you could make quite a bit buying and sitting on The Abyss, Chains of Mephistopheles, Nether Void, Gaea's Cradle, Karakas, and others. I wouldn't rush out to put $100,000 into it, but there is absolutely money to be made here.
If you are dead set on Magic cards, then a set of new shocklands would be my choice. I think they have more upside after rotation with their demand in standard. Yes, they have a pretty big supply, especially being in two separate print runs, but they will maintain their demand in modern. Once the supply dries up, they'll keep creeping up.
http://forums.mtgsalvation.com/showthread.php?p=11439737#post11439737
Reality is only what man allows it to be. Few shape it so that many may accept it.
Did you forget to read over this part or just read the part that you highlighted?
Commander
G Ezuri, Renegade Leader G
GW Sigarda, Host of Herons WG
Legacy
GU 12 Post UG
Trade Thread: Click Here
Image Disclaimer: Please review User Notes before clicking infraction.
Invest in a NM/MT of this card but dont play it:
The Tabernacle at Pendrell Vale
You can absolutely advise someone to put their money in precious metals. My point is just because Magic is '"cardboard", I don't think is a good enough reason to tell someone not to put money into it. Diversity is a good thing.
2. Deathrite shaman, abrupt decay; snapcaster/liliana post rotation.
stick with your standard list. The profit cycle is much faster for standard cards.
Can you give me tomorrow's lottery numbers, too?
I said for 20 years, not 20 years ago. Everyone knows that gold and silver have had great runs over the last decade, though they have lot a lot lately.
Check out this graph:
http://goldratefortoday.org/explaining-gold-rate/
For almost 25 years gold was a losing investment if you bought in 1980. Even if you bought after gold went back down, in 1981/82 it was a crappy long term investment until about 2005.
Edit: Also forgot to add, gold is currently declining. It it going to continue or bottom out? Is the OP an expert and can make that call. Pretty sure he will be able to make a better call on investing $400 in U dual lands. And really, who cares, it`s $400. Have fun and see if you can make money. If you buy some newer cards like shocks and have a hard time selling them for full value, well he is going to learn something about MTG and other playable/collectibles, buying is generally easier than selling.
Also, since this can be debated forever. Investments that are considered safe, such as stocks are "safer" due to long time horizons and diversification. Shorter term investments are always risky in case you have to cash out when you investment is down.
Being cardboard is not a great reason not to put money in cards, true. Here are some great reasons not to put $$ into MTG cards
- Zero tax advantage
- Zero income generation
- High frictional costs of transaction
- Very illiquid, slow moving market
- Physical commodity that can be lost/damaged/stolen
- Complete lack of information on future cards impacts to card value
It comes down to what your goals are for the money. If you want to maximize return, don't buy MTG cards, find a safe dividend stock, put your money in that, set youe dividends to reinvest, and leave it alone for 20 years
If you want to get a deck to get into a format, you're probably best off just buying as much of the deck as you can. $400 should get you close to something Goyf or Jace-less.
If you want the most card versatility, buy 40 shocklands, no question. Instantly playable in every format, even as cheap dual substitutes in Legacy.
If you just want to acquire as many cards as possible, I like the idea of buying duals now and then trading down at a premium post rotation. but that's really going to depend on the strength of your local trading scene. If possible buy the duals and then go to a GP or some other large event and trade there.
Some of your post is good, but some of it is so bad. "If you want to maximize return, don't buy MTG cards, find a safe dividend stock" this is the advice you give an person close to retirement age, not a young investor. Dividend stocks don`t maximize your investment, they are viewed as safe investment. To maximize your investment you should be investing in a diverse portfolio of high growth stocks, which should only be part of your portfolio.
- Zero tax advantage (realistically he won`t be paying tax on a $400 MTG card investment, if he does well the tax advantage as a % is big)
- Zero income generation (Lots of good stocks offer little income generation as well, it`s income vs growth, since he isnt about to retire income isnt needed, and on $400 it`s going to be almost nothing anyways)
- High frictional costs of transaction (100% agree, compared to many other investments the transaction costs for MTG cards are very high)
- Very illiquid, slow moving market (Semi agree. If we take into account the above point they are very liquid, since we are willing to pay the transaction costs, such as Ebay or lower than market prices from local collectors. Trying to get full value for most product does make them harder to move.)
- Physical commodity that can be lost/damaged/stolen. ( I think, minus some damage, these would be very extreme cases if people are very careful with their cards. You don`t pay attention while trading and I agree this can be a big issue.)
- Complete lack of information on future cards impacts to card value. (Sure, but this can be for anything. Cell-phone providers stop subsidizing phones would make Apple/Samsung bad investments. If this was to happen you can be sure guys on the street would know before you. Reality is, buying top Legacy cards on the RL is pretty safe, not 100% but overall pretty safe, again, we are talking a $400 investment. Pretty sure nothing is going to replace duals)
Come on guys, it`s $400. Give the guy MTG advice so he can have some fun. It`s not like were telling him to be careful with his 401k/RRSP`s because he is 60 years old.
The list I picked up yesterday was: 40 shocklands, 9 Jace AOT, 7 Vraska, 5 Thalia, and 6 Melira for 400$
I also did the math really fast to see what I can make from this experiment.
Assuming shocks will rise to 15-25 $, shocks will be approx 750 $(on average) and I can sell them for 600-700 (hopefully). Jace at 15-20 will be 157.5 so I'm looking at 130 $ (at best probably). Vraska at 10-15 will average 75 $ so probably 60 $ thalia and melira at 5 $ is 55 which means 40 $ maybe.
The shocks alone cover the cost of this experiment and that leaves me with an extra 330 $ (this is all in theory of course).
interesting list... sounds like some youtuber's....
Kirin's Skyfire Help Desk
Trading Post
I know there's a youtube video where that newlawstudent says this card will go up, but don't listen to that reasoning if this where you got your spec target from. It is incorrect. She cannot protect herself, and there is no way you can force your opponent to attack vraska. Otherwise, it's just a 5-mana vindicate. Even if you do get 2 vindicates out of it, it will take 3 turns. It is not likely your opponent will throw everything at Vraska to stop you from Vindicating a second time either. They will just kill you instead. It's bad.
what if shocks dont rise at all?
also i doubt vraska will go up.
jace okay... i think too that he will go up. but seriously if you want to speculate with 800$ or something, go to the stock market, where you can make real profits with at least not more risk..
if you actually knew how much you can make from speculating... you would change your mind.
and newlaw will have another video about vraska soon enough... this I assure you. going from 5 to 7 is a 40 percent increase. if she breaks 10 it will be a 100% increase.
Very few stocks or otherwise in a month can go up 100%. but for magic cards its typical.
I brought voice at 12.50 preorder (8) of them. one week later they are selling for 40 dollars cash. So I cash out.
I brought archangel at 8 dollars pre-order (8 regulars). One week later they are selling for 25 dollars cash. So I cash out.
Vraska will be no different.
Everyone said voice sucked. And archangel was too expensive at that price. Even Ryan Bushard who is a finance guru thought archangel would go down to 5 when it got release.
I.... I mean newlaw predicted it even before there was a pre-order price. And newlaw has the videos to back all of these claims up... unlike most speculators.
If vraska breaks 10 dollars. then buying her at five means you can sell her at 7.50 and make a 50% profit. Very few stocks can do that.
She will break 10. this I am certain of.
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She did see a small spike up in June, around $0.50, but has since come down. $7-8 has always been the higher end of sale price, unless you go all the way back to mid December.
There is a very, very low chance she will see play after rotation. She's not even good now, and there is no reason to think she will be good after rotation in Standard without seeing what cards are in Theroes, as the best Golgari strategies do not even synergize with Vraska very much at all.
I really do not see this card going up much. It is a bad spec target, and the the $3 jump is false. The price history does not reflect that at all, unless you take one period's low and another period's high, which you could do for any card and make these stupid claims.
Interesting list. I think you did well with the shocks. I wouldn't have bought more than a playset of any other card, I'd rather have more copies of cards I can play then extra copies of cards I don't need sitting around gathering dust. Thalia was probably a decent idea given her Legacy play, other than that I don't see the rest of those cards going all that much north of $10.
I would have gone 40 shocks than as many Zendikar Fetchs as you could get your hands on.
The market for MTG cards is far to illiquid and the frictional costs of buying/selling are so high as to make any comparison to stocks just silly.
I am getting a new concrete patio installed in my house. I went online and sold $5000 worth of stock for a $9.95 commission and had the money in my bank account in about 30 seconds. Getting $5000 cash out of a Magic collection would probably entail a collection worth closer to $6000 and a month or more of trying to dump the stuff on eBay and cashing a couple hundred money orders and paying eBay and PayPal fee's out the wazoo. There is NO comparison between the two.
so you are saying that everyone can make money from stocks that easily...
I find that strange. You could also get a job and make money.
I will stand by vraska and in time we will see who is right. I won't debate her here anymore.
But if she does spike I will be quoting everyone here for a youtube video.
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