We’re sure you’re tired of hearing about COVID-19 and the financial uncertainty that has resulted from this pandemic. Now more than ever, it’s important for us to take a look at our various investment portfolios. Could we be diversifying our options even further? One possible asset allocation may surprise you – sports cards.
Alright, we know what you’re thinking. “Aren’t those for children to collect?” “Haven’t they lost most of their value?” Well, the answers to these questions are not so simple, as it turns out. Sure, most cards are indeed not worth the stock they’re printed on. However, to the trained collector/investor/hobbyist/etc. many can be worth a small fortune.
The industry doesn’t come without challenges, and the fact still remains that this should be treated like any non-traditional investment option. Start small, especially if you’re relatively new to the game, or are a fairly risk averse individual.
If you’re curious about investing in sports cards, you can check out Benzinga.com’s helpful case study of the industry by clicking here.