UPDATE: 1964 Daredevil #1 CGC 9.0

UPDATE: 1964 Daredevil #1 CGC 9.0

In August of 2020 I invested in the 1964 Daredevil #1 graded CGC 9.0 on the Rally Rd. platform, with a total valuation of the offering at $11,500. At the time historical sales data for the previous ten years showed this comic had seen an 185% increase in value, with the last sale of a book in this condition selling for $9,300 in August of 2019. Less than one year after the initial offering on this comic, Rally Rd. was approached with a buyout opportunity for $19,900, resulting in a 73%...

Defining the Difference in Prospecting vs. Investing

Defining the Difference in Prospecting vs. Investing

Many people in the hobbies of trading card and comic book speculating today are investors by nature. If we look at the meaning of investor as provided by the Oxford Dictionary, we see that an investor is defined as “a person who puts money into something in order to make a profit or get an advantage”. Everyone wants to buy the items in which the values are known or forecast, and which show a steady history of growth in value. Moreover, most speculators today purchase these items direct from...