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A tough talk - INVESTORS GO BANKRUPT

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  • เผยแพร่เมื่อ 12 ธ.ค. 2022
  • This is the Largest UNAPPROVED / UNSPONSORED / UNCONTROLLED Magic The Gathering Channel in the world filled with Greed Monsters, Evil Investors, and ....3.696969% Women
    Selling a Collection? AlphainvestmentsLLC@gmail.com
    PATREON : / alphainvestments
    Twitter @MTG_AlphaInvest
    SHIRTS: www.ebay.com/s...
    ~FAN MAIL~
    Rudy's Magic Store
    10950-60 San Jose Blvd.
    139
    Jacksonville, FL 32223

ความคิดเห็น • 774

  • @anavaeru
    @anavaeru ปีที่แล้ว +782

    Sometimes I like to glue Black Lotus proxies to my body and slide around on the kitchen floor pretending I’m Rudy from Alpha Investments.

    • @tylerhayes9808
      @tylerhayes9808 ปีที่แล้ว +31

      Everyone knows Rudy would actually also use canola oil.

    • @Bionicleforever
      @Bionicleforever ปีที่แล้ว +5

      don't we all

    • @davidgoulding1386
      @davidgoulding1386 ปีที่แล้ว +2

      Doesn't everyone?

    • @trogstar5691
      @trogstar5691 ปีที่แล้ว +5

      @@tylerhayes9808 Canola oil?
      Bloody luxury!

    • @elig.8663
      @elig.8663 ปีที่แล้ว

      .....,.

  • @WavidDebb
    @WavidDebb ปีที่แล้ว +376

    Old WotC staff should begin a company called Lizards of the Toast and produce a collectable cardboard tile game called The Tragic Slathering. I'd be all in.

    • @posisteve
      @posisteve ปีที่แล้ว +12

      lets have a full proxy GP

    • @thelegendarysolocard
      @thelegendarysolocard ปีที่แล้ว +10

      Lizards of the coast is the company that developed magic the gathering online.

    • @zirconiumdiamond1416
      @zirconiumdiamond1416 ปีที่แล้ว +7

      I really wouldn't expect them to be any more successful at pulling people from Magic than Flesh and Blood has been.

    • @mr.incredible3427
      @mr.incredible3427 ปีที่แล้ว +10

      Tragic, The Slathering

    • @Nash_Idaho
      @Nash_Idaho ปีที่แล้ว +10

      there was a game called "Havoc the Bothering" the creators where sued into oblivion and the game only ever released one deck of cards. With that being said Richard Garfield has designed a ton of games since magic, and some really interesting card games worth a look at!

  • @jeffreypavlik629
    @jeffreypavlik629 ปีที่แล้ว +424

    A example of why being a collector is better than being an investor.

    • @daemonxblaze
      @daemonxblaze ปีที่แล้ว +72

      Being an incredibly casual player is even better.

    • @triperiperanger7319
      @triperiperanger7319 ปีที่แล้ว +20

      While your generally correct, I think its best to be a collevester.

    • @gerald216
      @gerald216 ปีที่แล้ว +19

      I just want to play modern or commander.
      Why can't they reprint the ability with different art.
      I don't understand how a reprint of anything decreases the original print

    • @a_doggo
      @a_doggo ปีที่แล้ว +3

      Let's be honest ladies, it's best to marry into wealth unless you're born rich. Not sure if you read the manual back in 1993, but they definitely said that ante was going to be replaced by $25,000 decks. We all knew it! This is our fault.

    • @jordan9503
      @jordan9503 ปีที่แล้ว +3

      @Jerry Bradick because it dosnt just look at charizard from the pokemon tcg he's as high as ever and just got a reprint in celebrations

  • @katsasgeorge
    @katsasgeorge ปีที่แล้ว +72

    'The market can always stay irrational longer than you can stay solvent'.
    That's a good quote, I'm using it.

    • @kobralily
      @kobralily ปีที่แล้ว +8

      its actually a quote by John Maynard Keynes.

  • @Tracer_Sweat
    @Tracer_Sweat ปีที่แล้ว +81

    Was this the guy that went in 30k on Scarab Gods? That guy is a true mad lad, he tried to buy out ALL the scarab gods, then when I saw the secret lair with the scarab god in it I imagined this guy having a meltdown

    • @rewty
      @rewty ปีที่แล้ว +31

      this is the best villain backstory I've ever heard. I'm using it in my DnD campaign

    • @theetiologist9539
      @theetiologist9539 ปีที่แล้ว +6

      It’s so sad.

    • @stopUkrainewar666
      @stopUkrainewar666 ปีที่แล้ว +4

      There are people who check the market daily and work for wotc

    • @theetiologist9539
      @theetiologist9539 ปีที่แล้ว +2

      It also got a double masters reprint I think. Bad move.

    • @Defenestrationed
      @Defenestrationed ปีที่แล้ว +2

      Even before the current reprint policy like 5 years ago this was incredibly risky. I can't imagine doing something like this now.

  • @towelociraptor
    @towelociraptor ปีที่แล้ว +55

    You don't gamble more than you can afford to lose - "stonks" absolutely do not always go up and more people will get killed on the crackback than luck their way into millions when you're dealing with these highly volatile "investment instruments"

    • @barbarawalsh2875
      @barbarawalsh2875 ปีที่แล้ว +4

      This has always been excellent advice older than Hills but excellent advice.

    • @nonstripedzebra
      @nonstripedzebra ปีที่แล้ว +2

      Indeed. I only bought highly playable / busted RL and only 4 max. Some of it has gone down but that's fine, I can live if it stays down and if it goes up, Great! Stuff like Palinchrons, Rectors, etc

    • @mindlightwave
      @mindlightwave ปีที่แล้ว +2

      If you got into sealed product 20 years ago, hoarded a bunch of wotc pokemon boxes, you'd be up +100x on your money. There's no way that today you could pull off the same thing. The golden era of TCG was 95-05. What gets printed now can never guarantee the same scarcity, demand, or nostalgia.

  • @patrickbateman69420
    @patrickbateman69420 ปีที่แล้ว +41

    Timmy got so completely hosed across the board that his step sister had to get HIM unstuck from the washer/dryer.

    • @Shane97
      @Shane97 ปีที่แล้ว +1

      yes sir

    • @drowningin
      @drowningin ปีที่แล้ว

      Ooh what do I search to get that? I tried brother stuck, but…..ew

  • @DrIanJohn
    @DrIanJohn ปีที่แล้ว +22

    Honestly laughed out loud at that ending, brother. Keep it up. Content has been 🔥🔥🔥 lately!

  • @raymond6845
    @raymond6845 ปีที่แล้ว +86

    I remember you making a video about exactly this, the dangers of penny stocks. The example you gave was a person that buys sealed product vs someone that invests in single cards. Crazy that we now have a real world example
    Edit: The video was called "The Timmy Trap"
    Edit Edit: There's another similar one called "The Story of 3 Timmy's"

    • @roadkillgravy5168
      @roadkillgravy5168 ปีที่แล้ว

      @david tom you can get active on these nuts.

    • @jessicastevens538
      @jessicastevens538 ปีที่แล้ว +3

      Exactly. I literally bought 3 ice age booster boxes today for $2500 and sold two of them already for $1000 ea.... Sealed is like selling hopes and dreams and 99.9% of single are worthless.

    • @teh_longinator
      @teh_longinator ปีที่แล้ว +1

      @@jessicastevens538 is 20% margin really worth the cost? I would suspect selling fees would make that a risky flip

    • @Brettyg599
      @Brettyg599 ปีที่แล้ว +2

      @@teh_longinator I mean the person spent 2500 and likely will make 3000 in a couple days it seems like. The person seems to know what they are doing. You can accept smaller margin when you are dealing with bigger numbers. Treasury bonds give you 4% for locking the capital for a year. This person got 20% for locking the capital for few days seems like

    • @BobNinjaCat
      @BobNinjaCat ปีที่แล้ว

      @@Brettyg599 A 20% ROI is pretty bad, though. The plan is generally to make more than you would lose. Pawn shops are the best example of this. Say I pawn a $100 phone. The likely payout I'm getting is $20-$25. The shop is then going to flip that phone for $60-$80. They're already losing 20% ROI because the phone is used, regardless of condition.
      Not trying to double your margins is a quick way to the bottom. You might make $500 on 3 boxes, but a much more competent investor sees 3 boxes he can resell for $1,500 apiece, and the market WILL pay.

  • @codybujnowski2469
    @codybujnowski2469 ปีที่แล้ว +32

    I used to buy cases of new sets to trade for cards upon standard rotation, I played semi competitively and I’d vendor cards to fund my trips to Gp events. I’d pick cards I saw potential in and I’d usually do pretty well with this I’d pick staples that saw play in multiple formats and just simply swarmed the market at that time. Since wizards has changed how they reprint cards I’ve been unable to do nearly as well as I’ve been able to in the past. I miss the “ good ole days”

  • @vassago42
    @vassago42 ปีที่แล้ว +18

    I appreciate these types of videos. I've learned more about market behaviors and investing from your talks than I have from anyone else.

  • @davidjohnson9186
    @davidjohnson9186 ปีที่แล้ว +9

    This is some of the best general financial advice on TH-cam

  • @bigedude
    @bigedude ปีที่แล้ว +5

    LOL the ENDING!!! But yeah, excellent points - People get angry when they feel they are losing money / value / perception, and they love to blame people. Sorry that it's going to be you, most likely... I remember in March-June 2020 that everyone praised me for being a Teacher in the pandemic and how we were all awesome and yadda yadda yadda, only to see the public bash the crap out of us in August-October 2020 because of this/that/the other thing.. (Sidenote: Retired early in June '21 and have never been happier )
    I applaud you for your efforts to educate us all in the world of Cardboard Finance, because it's just fascinating when you put it all together. Happy Taco Tuesday dood! ROCK ON!

  • @janusgemini5697
    @janusgemini5697 ปีที่แล้ว +6

    One of my favorite magic card quotes, stronghold mana leak: The fatal flaw in every plan is the assumption you know more than your enemy. That quote changed my world view.

    • @daveweeks4748
      @daveweeks4748 ปีที่แล้ว

      Nice quote. I also like the one from Squandered Resources (Visions), "He traded sand for skins, skins for gold, gold for life. In the end, he traded life for sand."

  • @DarkHorseTCG
    @DarkHorseTCG ปีที่แล้ว +6

    I’ve followed you for a while. Love the content and very informative. Some advice has paid off during quarantine and even now. I was there when you warned last time. I hope hustlers worldwide will dust their shoulders, hold that crown up, and keep sniping!! Keep up the amazing work

  • @blakeastwood2510
    @blakeastwood2510 ปีที่แล้ว +85

    The lesson: Learn your fundamentals before making big investment decisions, don't just blindly invest on items because they have hot topic tags like "reserved list". Be careful and do your homework folks.

    • @2ndcitysaint52
      @2ndcitysaint52 ปีที่แล้ว +7

      it was a classic fomo scenario, i literally sold 2 1st edition gym challenge boxes for 35 and 37k for pokemon (cost basis was 8 and 9.5k on the boxes), ppl didnt give a fuck during 2020 ppl were emptying 401ks to get into pokemon and magic and i'd imagine alot of them are pretty fucked now. thats before we get to the ppl that leveraged the fuck out of credit cards and loans.

    • @shawnjavery
      @shawnjavery ปีที่แล้ว +2

      Also don't take leverage.

    • @KyleBaran90
      @KyleBaran90 ปีที่แล้ว

      @@shawnjavery Caveat: Leverage works well to avoid upfront cost of capital, as long as you use it intelligently and don't use it to blow past what you can afford. If you follow the generally recommended advice of risking no more than 2% on an active position (eg not a 5-10 year hold), this will let you have exposure to many opportunities, but without having to park your capital in one spot.
      Like if you have $10,000 to throw around, that means you cut losses after $200 per position. Some higher quality investments/products will be more expensive, so you would use leverage in this case to increase your exposure, but still maintain that $200 max risk. If you do it right, you can have $400-$1000 exposure, with much less risk. It's also important to take on uncorrelated assets, since you don't want all the ships in the sea to go down at the same time and just clobber you

    • @user-uy3eq5hg1s
      @user-uy3eq5hg1s ปีที่แล้ว

      Yup. In late 2020/first half of 2021 I got silly and threw money at a bunch of different investments without doing proper research... lost a lot of money.

    • @Leroyantithesis
      @Leroyantithesis ปีที่แล้ว

      Reserved list didn’t used to be a tag. It used to mean something. I 100 percent agree with you now.

  • @GregoryPrice
    @GregoryPrice ปีที่แล้ว +65

    As we walk together through the valley of cardboard, DON'T INVEST ON LEVERAGE.

    • @powerlifting1012
      @powerlifting1012 ปีที่แล้ว +2

      Too late I bet the farm catching the falling knife on my doggy coins. How was I supposed to know it wasn't going to bounce back to 69 cents.

    • @michaelmurray6197
      @michaelmurray6197 ปีที่แล้ว

      You should only invest on leverage if you start a company and don't have to personally guarantee the loan. Basically if the market collapses then it's the company/person that gave you the loan that would be left holding the assets of the company, which would be the cards. Of course no sane company or person would loan money to buy MTG cards without a personal guarantee. They won't even make loans to small businesses without personal guarantees.

    • @EdwintheMagicEngineer
      @EdwintheMagicEngineer ปีที่แล้ว

      THIS

  • @picty4089
    @picty4089 ปีที่แล้ว +20

    👋 Guilty, I bought 25 copies of powder keg but it was cheap enough that I can’t remember.
    I’ve got the inside scoop though, Tulips! They’re the new gold people!

    • @OpZeroFilms
      @OpZeroFilms ปีที่แล้ว +1

      Truly a historic format joke!

    • @metamonpulls1560
      @metamonpulls1560 ปีที่แล้ว

      damn is this a reference to the tulip bulb craze lmao?

  • @victorbryant2791
    @victorbryant2791 ปีที่แล้ว +6

    I am a fellow investor/collector of some of these lower tier reserved list cards as well. And yes Rudy had a little hand in the inspiration of my reserved list collecting. Thing is I make sure all my bills are paid and only buy what I can and want with extra income. I never leverage for some of these riskier endeavors. You have to be able to buy them, preferably enjoy them and be willing to sit on them for a long time. I also collect a lot of the mid tier and higher tier reserved list cards as well. Just got my first piece of Unlimited P9 recently!

    • @monkey39128
      @monkey39128 ปีที่แล้ว

      This sounds like a very smart way to invest. No leverage and a diversified portfolio.

  • @JonsDDVlog
    @JonsDDVlog ปีที่แล้ว +7

    Magic today really, really, really reminds me of what happened to the comic book industry in the nineties.

  • @tcsmagicbox
    @tcsmagicbox ปีที่แล้ว +6

    I remember your videos telling people not to leverage to buy reserve list cards that aren't worth the inflated prices. Turns out you were right!

  • @thepunlive
    @thepunlive ปีที่แล้ว

    Rudy,.dollar a month Timmy patron here... I've been buying 10-20 dollar ABU , reserve list, etc every paycheck since 2017... I can say that many of the smaller reserve list cards have not been worth it BUT I also speculated on many non reserve list cards like Alpha Uncommons, hot staples like Unlimited Lightning bolts, Revised Birds of P, etc etc... When I went to buy a house for the first time this year the Alpha Uncommons were the highest gain on investment. They solely allowed me to fund the down payment on my house. I could not have done it without these small long term investments. I started in 2017 ish and it slowly built up. Many of those 20 dollar cards turned in to 100-300 dollar cards. Alpha Investments was always the best things to do.

  • @SilencerOne
    @SilencerOne ปีที่แล้ว +9

    Bitconnect schtick never gets old. It's eternal.

  • @waxl121
    @waxl121 ปีที่แล้ว +9

    My Timmy collection of junk RL rares were so bad even Rudy wouldnt make an offer. Oh well! I'm in for the long haul!

  • @PokeInvestingyt
    @PokeInvestingyt ปีที่แล้ว +4

    Should've invested in Pokemon

  • @CodyMWI
    @CodyMWI ปีที่แล้ว +2

    I learned a ton about markets and investing here. I bought a bunch of high end reserved list cards, made money, and got out early. I went wide on high end nm cards and diversified. I still really enjoy watching the market and Rudy’s rants.

  • @dooks85
    @dooks85 ปีที่แล้ว +2

    I agree Rudy. When people sell all their shit to you because they are over leveraged. They will hate you when the market comes back around.

  • @tomaszksel5299
    @tomaszksel5299 ปีที่แล้ว

    I remember being a broke fresh graduated student a couple years ago. I partied my way through college and spent most of my income that way, besides the regular living costs.
    And then I found Rudy in 2018... I remember vividly on the way back from my first full time job watching the video of the Alpha Godbook, the shady world of grading, and all the other classics, and thinking "This guy has things figured out.".
    Here we are almost 5 years later, I moved back to my parents house to get out of the stress of a big city, almost paid off a 30 year old mortgage on my first rental property in 4 years, got a nice position in reserved list cards I bought into in 2019, got a decent stock and crypto portfolio, and other smaller investments. Got a super cozy position in a company nearby and do additional freelance stuff after hours. I'm happy.
    Also got rid of the blood/money sucking ex-fiance from my life.
    Thank you Rudy for guiding me all this time man. God bless your soul. If it wasn't for your videos I'd probably still be a timmy.

  • @abbiemcdaniels3122
    @abbiemcdaniels3122 ปีที่แล้ว +4

    I’m on the Thrull Champion wave with Mox Man and I know I’m not the only one. Someone has been buying out on card kingdom regularly.

    • @joeb1522
      @joeb1522 ปีที่แล้ว

      I own a few. It's such a terrible card.

  • @theoreowhisperer2560
    @theoreowhisperer2560 ปีที่แล้ว +6

    You gotta cut your losses. Take your frozen assets and make them liquid (including the cards purchased). The difference in interest you would pay if you did not sell the cards and held on to them for 20 years as opposed to selling them and paying interest on a lower balance will still save you 10 × the amount of money you would make over appreciation of holding on to these cards.

    • @CH-fc8dm
      @CH-fc8dm ปีที่แล้ว

      Sage advice

  • @TimmyLC199
    @TimmyLC199 ปีที่แล้ว

    Don't get discouraged! I will keep watching you no matter what

  • @skylerwheeler3974
    @skylerwheeler3974 ปีที่แล้ว

    This is a sad story. Never leverage on collectibles (as they are dead money until you sell and then you have to account for fees and inflation) what has worked well for me. Is first match your 401k if you have one and company matches (thats 100% return) then contribute to a roth ira up to the maximum then spend extra income on cards and collectibles with disposable income and make sure its something you like. Thats just what has worked out for me . Everyone is different but this strategy has worked for increasing my wealth over the years and add to my collection. Most of my investing money goes to something that will compound and pay interest and dividends. That way i never have to sell what i collect. But who knows im just some stranger on the internet. Im glad you posted this! Great video! 2020 was awful and made people think they will always make money on anything and thats just not reality

  • @Sherman_616
    @Sherman_616 ปีที่แล้ว +4

    *Rudy looks out the window as he flies to London in his private jet. The phone rings.*
    "Hello Rudy here" he answers
    "mumble mumble Metazoo mumble..." the voice says
    "Pump it" rudy says with finality as he hangs the phone up

  • @MuscleMTG
    @MuscleMTG ปีที่แล้ว +7

    I feel the same thing. Wizards will regret crushing the LGS competitive crowds.

    • @differentlyabledmuslimjewi4475
      @differentlyabledmuslimjewi4475 ปีที่แล้ว

      I tapped out a decade ago on wotc. They lost their soul and alienated me long ago. I have very fond memories. And to see where things are now is insane. Now that the gravy train is over, all the moonboys are gone, and they will see almost no fans are left. This is their own doing.

  • @peterramsay1767
    @peterramsay1767 ปีที่แล้ว +21

    I am glad I made productive decisions about
    my finances that changed my life forever. I am living in Vancouver Canada, bought
    my second house in September and hoping to retire next year at 50 if things keep going smoothly for me

    • @casinosimsek2027
      @casinosimsek2027 ปีที่แล้ว

      Making it out at a young age is quite difficult. I started a side hustle at 17, saved up and made some good investments. l'm 28,live on my own and having a good life for myself. Big ups to you and everyone out there trying

    • @ariaibrahim1291
      @ariaibrahim1291 ปีที่แล้ว

      Sounds like plan, how do you put money to work?

    • @casinosimsek2027
      @casinosimsek2027 ปีที่แล้ว

      @@ariaibrahim1291 Yes it sure is. I put in money in investments and get profits. That 's how I make more money without working. This does not sound new to you right ?

    • @ariaibrahim1291
      @ariaibrahim1291 ปีที่แล้ว

      Thanks for replying me, I've heard so many people talk about investment but none had said how to do it right.

    • @hoshifuyo4494
      @hoshifuyo4494 ปีที่แล้ว

      Am hoping on you can explain more on how you make extra income from investments

  • @chrisnunez9033
    @chrisnunez9033 ปีที่แล้ว

    ThAnks for sharing my story. I couldn’t bring myself to making a video about this

  • @afkafk129
    @afkafk129 ปีที่แล้ว +2

    As a collector and an investor doing just fine holding for as long it takes. Also there is a shop selling products for a loss near me. People always want the cheapest they can get but that shop won't last...which is sad but less competition...

  • @kellyk8630
    @kellyk8630 ปีที่แล้ว +2

    I bought like 50+ didgeridoos from every card shop a few years ago. Spent 3-5$ Canadian each NM-M. Money well spent.

  • @justinstorm30
    @justinstorm30 ปีที่แล้ว

    Rudy, I have invited you for lunch over the years if you ever come to Southern California, but your not coming here, so if I'm ever in Florida I'll look you up. Thanks for all the wisdom and level thinking. I hope others are able to see the seriousness, focus, and sacrifices it takes from your stories and examples.
    P.S. I had tacos for breakfast.

  • @SneakySurprise
    @SneakySurprise ปีที่แล้ว +4

    Feels like the eternal masters era again with Rudy.

  • @jumpsteady1777
    @jumpsteady1777 ปีที่แล้ว +2

    "Do you want to keep the cards?"
    "No, I don't really care about magic."
    This should be the only thing you need to ask yourself before "investing" in magic. If you don't care about magic, investing in it is a bozo act. Because having a passion for the game and hobby is basically your insurance for not making profits. Having a product you genuinely care about and cherish having doesn't feel as bad or like 100% failure.

  • @mt.shasta9127
    @mt.shasta9127 ปีที่แล้ว

    I agree with Jeff Pavlik, collect for yourself. When I have a play set of four cards I don’t continue buying. I do like to collect the same cards from different sets, to complete my set. The cheaper they get the more I can complete my collections.

  • @stevenkirton6373
    @stevenkirton6373 ปีที่แล้ว +5

    Used to watch Rudy for box openings, now he is my life coach

  • @TeraNazantia
    @TeraNazantia ปีที่แล้ว +12

    I own like 300 lightning bolts. They used to be worth like a buck a piece. Now they're back down to a quarter where they belong. I only paid like 10 cents each, so I'm still winning.
    I just collected them for the art. Simple and beautiful.

    • @lorddowski
      @lorddowski ปีที่แล้ว +2

      That’s a winning strategy 🙄

    • @hellocollegejason198
      @hellocollegejason198 ปีที่แล้ว

      At least that is a classic

    • @alexcomo4956
      @alexcomo4956 ปีที่แล้ว

      @david tom I've seen this post twice. Why?

    • @jsthomson42
      @jsthomson42 ปีที่แล้ว +1

      Spam bot

  • @mtgtinfoilthaumaturge1102
    @mtgtinfoilthaumaturge1102 ปีที่แล้ว +1

    In 2018 I started buying out old 1999-2005 non reserve list foils that were historically deemed worthless because my mathematics indicated that in 2018 the supply was extremely low on any given foil from that time that fit the criteria of being deemed worthless historically for over a decade and almost 2. I decided to become the papa Rudy of worthless og non reserve list foils.

  • @toland666
    @toland666 ปีที่แล้ว

    I remember you saying Rudy that " wizards are gonna hit it out of the park this year "

  • @GiraffeCrab
    @GiraffeCrab ปีที่แล้ว +2

    Any investment is like playing the lottery ... but for some reason people seem to be surprised and shocked when they don't win.

    • @TheZorak420
      @TheZorak420 ปีที่แล้ว

      "Any investment is like playing the lottery"
      Depends on the investment. You don't buy a business thinking like it is a lottery ticket!
      But "investing" in Magic cards is another story...

  • @mikebulmer9823
    @mikebulmer9823 ปีที่แล้ว +1

    Man, I remember watching that video and thinking how that was not a great investment. Now if they were trying to unload after a year or two... buying out tier 3 reserve list cards COULD be profitable I think, but man we are talking 10+ yrs to see a decent return. You do that, you are just better off buying sealed, every sealed product has gone up in value over time. It's unfortunate to hear this happening, and it's a big reason why it's so important to understand Magic.

  • @MarkFillmore
    @MarkFillmore ปีที่แล้ว +2

    I remember your videos on this topic, your advice to avoid this strategy. Right on once again.

  • @devoted2thaentertainment207
    @devoted2thaentertainment207 ปีที่แล้ว +2

    I'll still be watching this channel in this bare market

  • @allenjaeger3406
    @allenjaeger3406 ปีที่แล้ว +1

    LOve Rudys channel, not just MTG stuff, great to hear honesty

  • @ericjohnson6105
    @ericjohnson6105 ปีที่แล้ว +3

    Here we go, reminder to buy old reserve list cards from ice age forward to increase Rudy's holdings.

    • @gerald216
      @gerald216 ปีที่แล้ว +2

      He isn't wrong though. Everyone from my perspective tries to push the highest price for their stock.
      As far as cards go I want to see the stocks go down as low as they can.
      I want to play

  • @lucky6666
    @lucky6666 ปีที่แล้ว +2

    Nothing is darker then Magic 30

  • @peterknighton2757
    @peterknighton2757 ปีที่แล้ว +3

    Rudy’s videos are the only interest I have in cards and magic,I’m no collector or player, never even opened a pack. But his opening videos are awesome and so are these ones love it

  • @lecrapface5270
    @lecrapface5270 ปีที่แล้ว

    Lord Rayden : "No. Every mortal is responsible for his own destiny. Chan believed this. Why can't you?" MORTALLLLL COLLLLLLLECTIBLES!!!!!!!!!!

  • @dr.ickydoesstuff7743
    @dr.ickydoesstuff7743 ปีที่แล้ว +2

    Something i realized a while back is that wotc is currently doing everything the comic book industry did in the 90s right before it collapsed. Makes me wonder about the future of the game and potentially card games in general.

    • @PropiaPersona
      @PropiaPersona ปีที่แล้ว

      Yeah 90s crash is repeating, same shit before every crash

    • @leonidasvonsparta
      @leonidasvonsparta ปีที่แล้ว

      Game is still playable even if wotc dies. Ppl can keep it alive

  • @FrizzleFratz
    @FrizzleFratz ปีที่แล้ว

    Rudy, an early lesson I’ve learned from working in the commodity industry is don’t feel smart when the market is up because you don’t want to feel stupid when the market is down. Same thing here, don’t be happy when he market is up as you don’t want to feel sad when the market is down. Markets do what they do, and I don’t assign my happiness to where the market is at. It also helps to play the long game and never buy into the hype. If you read this, giggity in the next video.

  • @MichaelSuperbacker
    @MichaelSuperbacker ปีที่แล้ว

    FYI another Amazon dump is currently LIVE! I just bought a box of Dominaria United Collectors Edition

  • @megahog2000
    @megahog2000 ปีที่แล้ว +1

    There are sooooo many Fallen Empire cards. They must still be printing them somewhere and not telling us. I love The Dark though, it is a great, cohesive set

  • @prestonmorse8013
    @prestonmorse8013 ปีที่แล้ว

    Much love from Florida Rudy!!!!!

  • @jonf2009
    @jonf2009 ปีที่แล้ว +2

    I'm just going to sum up his entire video in layman's speak for everybody else to understand very clearly and succinctly, don't buy speculative assets with credit because it's a speculative asset if you're going to do that you buy it with hard cash.

    • @beamzsalt4252
      @beamzsalt4252 ปีที่แล้ว +1

      Not just that, don't buy if you don't know shit about what you're investing it.

  • @TheMrSlyxx
    @TheMrSlyxx ปีที่แล้ว

    It's all about entry price. Same as stocks. Only load up if you're in some kind of bottom scenario. Gotta have an entry and exit strategy in mind.

  • @Chris-ey8zf
    @Chris-ey8zf ปีที่แล้ว

    I bought all the Tulips on the market. Then I bought all the Tulip seeds on the market. Then I bought all the Tulip futures. Then I got my first credit card bill and went bankrupt.

  • @starheart8135
    @starheart8135 ปีที่แล้ว +2

    I have been keeping my eye on a few singles for a while now. Noticing everything is starting to fall. Not a lot, but by a dollar or two. I don't know what the market will looks like, but if I can grab some of these things that have been on my wish list for years at a good price, I think I will pull the trigger. Mostly because I want to actually play with the cards and not just keep them on a shelf. but what do I know

  • @beau6113
    @beau6113 ปีที่แล้ว +1

    glad im just now starting to collect

  • @ricardoblikman2676
    @ricardoblikman2676 ปีที่แล้ว +1

    Loosing $10k USD for a lesson in Collectibles is really cheap compared to the prices of your education system. Those people should learn from it and they will earn that 10k back in the future easely.

  • @LowinBayrod
    @LowinBayrod ปีที่แล้ว +4

    My first reserved list card I got was an acidic dagger from a cheap bulk buy of random rares, it was worthless then and still is today.🤣

  • @dave8226
    @dave8226 ปีที่แล้ว

    Another great video. I see it everywhere. So many people just down in general. You certainly called it on revised. My strategy, if you want to call it that, is just to buy and hold. Some things have gone down due to reprints. Many have gone up substantially. I collect, and simply enjoy the cards I have for what they are. It will be very interesting to see where we are in 12 months. Hopefully a better place. That all said, the market appears to be recovering at this point, if only temporarily.

  • @girtrambleington7860
    @girtrambleington7860 ปีที่แล้ว +1

    I'm all in on thelonite monk too!

    • @PizzaNinja305
      @PizzaNinja305 ปีที่แล้ว

      I was wondering if that was the card.

  • @vurtne
    @vurtne ปีที่แล้ว +1

    It’s a shame and a sad situation to be in, I remember the moment, I was looking at card prices for things like Exalted Dragon people were buying them for 15 dollars when they were 2 a few weeks prior. Rough

  • @ronjohnson2760
    @ronjohnson2760 ปีที่แล้ว +1

    I hate to repeat this because ive said it SO many times. Magic is a trading card GAME. Its not stocks. It's not your retirement fund. Its a game. It's all fine and good to collect cards. But treating this like an investment is allways a mistake. If I had my way the reserved list would be gone, and you know what, old cards that are collectable and valuble now would remain as they are. old and collectable.

  • @pokedadsam9041
    @pokedadsam9041 ปีที่แล้ว

    Right I’m now is definitely the time to buy certain products. Charizard upc bottomed out and lost confidence, mtg booster boxes, you name it; it’s a good Time to grab underrated products.

  • @AC3handle
    @AC3handle ปีที่แล้ว +3

    friend of mine has been buying out earthbind for the last 7 years, simply because he likes the art.
    NOW he has a binder (so to speak) full of them, that he estimates is worth 10k.
    morale of the story: Buy what you love.
    BTW, he's NOT selling ANY of them.

    • @AC3handle
      @AC3handle ปีที่แล้ว

      @Alpha._Investment wow! the legit rudy wanting me to TEXT him! And he'll actually GIVE me something for it!

    • @gamingchickenstudios
      @gamingchickenstudios ปีที่แล้ว

      @@AC3handle You are SOOO lucky that the totally legit rudy responded to you! :O

    • @AC3handle
      @AC3handle ปีที่แล้ว

      @@gamingchickenstudios Totallylegitrudy been responding to me a LOT lately. Whats even more amazing is he keeps responding to me after I mute him.
      Rudy is STALKING ME!!!

    • @gamingchickenstudios
      @gamingchickenstudios ปีที่แล้ว

      @@AC3handle :O

  • @nonyabiz9340
    @nonyabiz9340 ปีที่แล้ว +5

    Really looking forward to the recession hitting the retro video game market, I got my eye on a Castlevania symphony of the night black label complete in box.

    • @Alamyst2011
      @Alamyst2011 ปีที่แล้ว +1

      As a collector I agree. The retro game market will be sweet.
      As a CSotN Black CIB owner, there are few if any finer games on ps1

  • @AkinaSpeedStarsAE86
    @AkinaSpeedStarsAE86 ปีที่แล้ว

    @13:00 ish, this is quite true and Im already seeing it in the Pokemon area

  • @hectorgodinez
    @hectorgodinez ปีที่แล้ว

    I purchased about one hundred Triangle of War for .25c to 45c each back in 2016.

  • @steffensgary
    @steffensgary ปีที่แล้ว +2

    There are guys like me with 100+ copies of reserved list cards that were bulk rares 5 or more years ago and I obtained them as free leftovers from buying collections. I tend to wait until they are $10 each and buylist them 8 to 20 at a time for $6.

    • @steffensgary
      @steffensgary ปีที่แล้ว

      @david tom does this scam actually work? Like, are people actually stupid enough to fall for your bull? And do you actually spend time, every day, posting this on videos? Wouldn't you make more money rummaging through the garbage for scrap metal or producing lude photography?

  • @richardstarr4932
    @richardstarr4932 ปีที่แล้ว +1

    Collectibles are NOT real investments.
    I'm not saying you can't make money, especially on a fast flip, but true investments generate income.
    I enjoy my collectibles and some are, on paper, have gone up in price. Nothing so ridiculous that you have to sell before
    the market dies though. And of course I own a lot of stuff that has lost value too and even more that I have donated to
    the local charity shops because I no longer cared.
    People that pay the big bucks on collectibles that are not for their personal enjoyment are just parasites that drive up prices that prevent
    real collectors from possibly enjoying them. The problem for them is when they buy from other speculators to sell to other speculators
    in a cycle until they long ago passed what any collector would pay, so the prices eventually collapse. My sympathy for these people is minimal.

  • @uhrich11
    @uhrich11 ปีที่แล้ว +1

    I've been slowly (when I can throw the money away) buying the Player Rewards version of Terror. Aside from Cyclopean Tomb I think it's just the coolest art in mtg....so they aren't for sale. Like 100 copies now and theyre getting thin in the NM slot. And theyre beautiful....and they're mine....All Mine!! MIIIIIINNEEE!!! MWAHAHAHAHAHA!!

  • @GamingBear_Q_E_D
    @GamingBear_Q_E_D ปีที่แล้ว

    Great and on point vid Ruby, we are at the start if the Blood in the street phase, stay solvent, don't over leverage or your wheels may come off. Stay the course, diamond hands for the win, plus build in a little buffer to be able to take advantage when opportunities arise, recently took advantage when Wazzocks of the coast dumped their load into Amazon and I picked up some additional collector boxes at below wholesale prices.
    Stay strong and stay solvent .. diamond paws for the win.

  • @Tetrall
    @Tetrall ปีที่แล้ว

    Yup - good video Rudy.
    A lot of people ain’t happy.

  • @MTGMOXMAN
    @MTGMOXMAN ปีที่แล้ว +1

    I am still buying my Nachos every week, but buyouts have died on the vine for now markets change.

  • @luciencloutier3035
    @luciencloutier3035 ปีที่แล้ว

    Diamond Kaleidoscope for the win! Paid $300 US for 500 of them. Sold to Rudy for about $750 US. Fun story. I got out of it when the getting was good.

  • @azovveles6690
    @azovveles6690 ปีที่แล้ว +1

    17:41 I sold a vast majority of my singles in 2020, didn’t buy anything until last month getting cards at a fraction of the price I sold them for. That said see you Wednesday at Wendy’s for second shit Rudy.

  • @ken90017
    @ken90017 ปีที่แล้ว

    Thanks for the prediction at the end. It’s nice hear the wisdom

  • @Roofer0420
    @Roofer0420 ปีที่แล้ว +4

    I recently bought a bunch of nm iceage cards, not because i think they will gain value, but thats the set i started with, dopamine hits of nostalgia.

    • @Mrtfarrugia
      @Mrtfarrugia ปีที่แล้ว +1

      Pretty much same here. Got a set from all the sets I played with.

    • @Mouse2379
      @Mouse2379 ปีที่แล้ว +2

      Lucky. I started with Urza’s Saga. My nostalgia cost me big.🤣

  • @8thPlaceDave
    @8thPlaceDave ปีที่แล้ว

    10:33 Frodo knows all about that

  • @landgin3781
    @landgin3781 ปีที่แล้ว

    Fools are easily parted with money. Been that way since beginning of time. We all saw it, people didn’t listen and now they are burnt.

  • @nhbountyhunter
    @nhbountyhunter ปีที่แล้ว +1

    This is what happen when you act like a child and invest in a GAME. It's like investing in action figures. This game was NEVER meant to be an investment. It's has always been a game. Some card were really good and hard to come by and by nature generate a want so ya the singles price could be high. But it should have never been about investing. Stocks, gold, silver even bonds are for investing in NOT cardboard cards. Investors have ZERO right to cry and say WoTC did them dirty. This is about business. Their business is printing and selling packs/boxes, decks, and some collectables like dice and art. They have done their job as a company and done it well. Nobody has a right to complain that they are doing well and making money because they are printing more cards so the prices are low. GOOD! I'm a player and like cheap cards, So WoTC, and Hasbro please continue doing us players right.

  • @joshswanstrom5849
    @joshswanstrom5849 ปีที่แล้ว

    Oh my... Fallen Empires... The name keeps proving accurate.

  • @carldrogoo
    @carldrogoo ปีที่แล้ว

    wait wait wait I thought things only go up! I WAS LIED TO!

  • @UKinQ8Gaming
    @UKinQ8Gaming ปีที่แล้ว

    I agree with this sentiment, cant be angry or blame anyone because it was my own decision. Im not leveraged so i can sit and wait, just not adding to much to what i have apart from a few bits and bobs.

  • @levant5378
    @levant5378 ปีที่แล้ว

    You need a strong stomach. I had 60k worth of AUS back when it was 1.05 to a US dollar. It dropped to 0.60 at its lowest. But I stuck with it, not because I was losing a ton of money, but because I needed to spend some to live. I was left with 12k a few months back and I could have lamented the absolute loss on what could have been insane gains, but I didn't, I got out on a decent rally versus another currency I need to live in. I had that 12k sitting there for 8 years, and I got a pretty good out on the rebound. Don't sell at the bottom.

  • @rylar717
    @rylar717 ปีที่แล้ว

    Always look forward to the end of Rudy’s videos! 😊👊

  • @picty4089
    @picty4089 ปีที่แล้ว +2

    I’ll be buying cheap collections on Facebook and what not for the next little while.

  • @FDXHOMEDEL
    @FDXHOMEDEL ปีที่แล้ว

    If I’m hearing you correctly Rudy, what you’re saying is we need to collateralize all these shitty buyouts into a collective buyout obligation, that we layer with other, better investments in more valuable reserved list cards, which we can then use as the backbone of the American economy until 2108.

  • @bitmi7227
    @bitmi7227 ปีที่แล้ว +2

    That ending was WILD! But yeah as for me I'm more of a player than a collector so I don't have hoards of boxes of stuff I just buy proxies of what I play with unless if I plan on using it at an event I eventually realized how these big companies been treating us players so I didn't feel like supporting bullshit no more and just wanted to chill and enjoy my friends companies and counter there spells or take their turns or skip their extra turns

  • @TheBlueWatcher
    @TheBlueWatcher ปีที่แล้ว

    Rudy that thumbnail is 🔥 a very handsome man. Rugged. Strong and silent. Like a cardboard cowboy

  • @FunBunChuck
    @FunBunChuck ปีที่แล้ว

    Loss is risk mismanaged.
    The higher the risk, the bigger the potential loss is going to be. Yes, the reward can be high, but that hinges more on the probability of whether or not demand for the product you took a risk on goes up high enough to make it worth the risk. If demand goes down,... loss is inevitable.

  • @stefanchung23
    @stefanchung23 ปีที่แล้ว

    Those tulip gamblers will all go down...