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My Thoughts On The Sports Cards Bull Market
By Yieldphoria  •  May 14, 2020
Ever since my last article on sports cards investing, the market has been going up in a parabolic manner. Basketball, as expected, has been leading the charge in the price surge. This is being catalysed by Michael Jordan’s documentary, The Last Dance, which currently airs on Netflix. The iconic card of Michael Jordan, 1986 Fleer #57, recently just set a new record of $96,000 in a PSA 10 grade, almost doubled the most recent transaction which was set only a week ago! With Covid19 causing people to be cooped up at home and the influx of new collectors coming into the market, prices have been only heading north. What used to be a hobby has now become a platform for investors. Some new collectors are buying blindly without doing any research. They buy their favourite players’ cards with no knowledge of market prices and supply or...
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By Yieldphoria
I created this blog to pen my thoughts on investments, trading and anything related to finance. I started to trade and invest on my own since 2009. In 2014, I joined a proprietary trading firm and I have been trading professionally ever since.
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