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Old 04-20-2023, 11:40 AM
G1911 G1911 is online now
Gr.eg McCl.@y
 
Join Date: Dec 2015
Posts: 7,425
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Jordans will probably go up for a brief period when he eventually dies, creating an opportunity for people to profit off of his death.

This period will probably be very brief, historically it does not last unless the dead person seeking to be profited from died in exceptional or unusual circumstances.

$50 Jordan cards are unlikely to bounce up very much. One would probably make more money with the right Jordans (the sneakers) than their Jordans (the cards).

There will likely be some monetary gain, probably not large, in its value over time before his death.

Jordans are unlikely to outearn what one could earn through an index fund investing that cash for the next 20-30 years instead.

I have heard from the board that SPY or picking your own stocks is a bad choice though, and that collectors should immediately empty their 401K's, take the massive tax hit losing a large percentage of that cash immediately, and buy the cards our resident pumpers are invested in. You should also take out loans if you cannot afford to buy the pump desired cards in cash, so that you can make the most money in the end.

This is not financial advice
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