"Modern Sports Card Investing 101: Everything You Need to Know (2021)" is the first episode of the SCIU (Sports Card Investors University) podcast. The episode provides a comprehensive overview of sports card investing in the modern era. It aims to educate listeners on the basics of investing in sports cards, including the reasons for its growing popularity and the steps to get started.
The article begins by highlighting the recent rise in popularity of sports card investing.
It explains that with the advent of online marketplaces and the increased accessibility to information, more people are turning to sports cards as an alternative investment. Unlike traditional investments like stocks or real estate, sports cards offer a unique opportunity to combine an individual's passion for sports with the potential for financial gain.
The host then proceeds to discuss the importance of understanding the fundamentals of sports card investing.
One key aspect is knowing the "Buy Low, Sell High" strategy, which entails buying cards at a low price and selling them at a higher price in the future. He emphasizes that investing in sports cards should be treated as a long-term venture, as it requires time and research to identify cards that have the potential for appreciation.
The article also tackles the significance of grading when it comes to sports cards.
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