WaxNKicks | Sneakers
Showcasing the World’s Most Authoritative
with an emphasis on design, style, and history.
“Alternative Investments” is traditionally defined as “asset classes outside traditional securities such as stocks, bonds, and currencies. They include artwork, wine, gems, real estate, shoes, trading cards, video games, and cryptocurrency” – Investopedia
Alternative Investments such as T206 Baseball Cards or Original Air Jordans have exploded in value since 2017 and can be a financially savvy part of a diversified investment portfolio.
Forbes.com suggests investing between 15% to 30% of your portfolio in alternative investments. A study carried out by Dexia Asset Management shows the benefits of allocating 15% to 20% of a portfolio to alternative funds.
Need a real-life example?
On 03/03/2019, a PSA 10 Graded 1986 Michael Jordan Fleer Rookie Card sold for $15,995 via eBay Auctions.
Fast forward 11 months to 01/31/2021 when the same grade (PSA 10) and card (1986 Jordan Fleer RC) sold for a mind-blowing $738,000 via Goldin Auctions.
Please note that example is one of the best in the given time frame regarding ROI, but one can find thousands of examples of baseball cards with an ROI of over 100% from Fall 2017 to Spring 2019 (all card values can be verified and found as psacards.com).
Having said all this, we were not so naive to think three-digit returns like this will go on forever.
Over the long run, even AAI will have highs and lows.
But we believe they deserve a small to moderate percent in an investment portfolio.
tradition, honesty, simplicity, integrity