Are Comic Books Good Investments? HOT TAKE! 🔥
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- Опубликовано: 3 окт 2024
- Ever wonder if comic books make great investments? 🤔
In my experience, NO! In this video, I'm outlining the top 5 reasons why 🖐️
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If you were a comic book dealer you wouldn't share this important message with everyone, but because you're a collector you're in a position to be honest since your words here don't impact your business. Great work!
Appreciate it, thank you! As a collector, you're correct, I don't have an incentive to voice certain opinions over others. Just trying to share my actual thoughts and opinions on the hobby
Thanks for watching and for the support!
True dan
The old joke is when dad dies and his kids sell the collection they say wow dad's collection was worth $20,000 he was a genius. They didn't know he paid $40,000 for it.
So true! 🤣
Ha ha nice. But, but what about those variant covers? -there going to the moon right??! 🤣
@@mikein60fps30 🚀
Not necessarily!!!! It depends on how he obtained those comics?!!!! My dad bought them at 10 cents each!! And I bought mine at 15,20,35, etc,. To today!! I guess U can say I'm lucky to keep my dad's and mine in nice condition!!! It's not people like me that paid big money, It's smart rich collector's that created a demand for the ART of beautiful stories and covers!!! I could write a book about COMIC'S But I think U got the picture!!!!! 🤔🤗👍
P. S. Incidently, I don't smoke, I don't gamble, I don't drink, or chase women!!!! " Thay come to me!!" 😜🤗🤔👍
no...This is an excellent video
Thanks man, appreciate it. Grateful for your content too, watch it all the time 👍
Perhaps not a good investment, but as hobbies go, potentially cost neutral, cheap or a bit of an earner. Lots of other hobbies (e.g., following your local football team, golfing, crafting) just cost money. Plus, we have a lot of fun! :)
100% agree, excellent hobby for sure and one that doesn't just cost money
Thanks for watching and for commenting!
Comics are a hobby not an investment that mindset has always served me well.
100% agree. And a great hobby at that!
your thoughts and insights on the comic book community is very admirable.
i started collecting over a year ago and i strongly agree with everything you said.
i'm only collecting what i believe are possible investments now. when i started, i bought almost anything i thought was cool.. and this was during the boom lol. i regret a lot now since im just here with over 20 longboxes of comics lol.
Thanks, appreciate it! And yeah, been there done that. Bought what I thought was cool/popular instead of stuff I really wanted and ended up with quantity over quality 😆
Thanks for watching and sharing your experience!
New to the channel, really enjoying your candor, honesty and perspective. Keep it up!
Thank you! Will do!
Great presentation and info. I think sometimes we as collectors lose sight of basic financial facts. Thanks for the video!
You're welcome, thanks for watching and for the support!
Amazing video!
It feels like u got ur retirement books very early and they all are straight up baller investments and gorgeous art pieces.
Not a bad way to spend your money!
Thanks, appreciate it! You have any favorite personal grails or cover art in your collection?
@@momoonocollects Nothing like you bro, yours more like a 401k portfolio than a normal comic book collection loll!
Im mostly trying to catch up with Omnis.
congrats on these monster books!
@@comicfanagain8405 that's awesome! I appreciate it, I'm happy with my collection
I love hearing about what people love and collect though, because we're all so different and our collections are so personal. So if you ever do want to share, I'd love to hear 😃
Thanks for watching and for the support!
Thanks for being bold and honest ETA Nick said the same thing years ago
Appreciate it, thank you!
StickyGoose brought me here.. good content ! Subscribed
Thanks, appreciate it! Welcome to the channel 😆 I had no idea he was going to review one of my videos, but I'll take it!
Great vid. I agree and alot of your points are solid. Yes, you could always be a "flipper"/dealer and make decent money just like any other side job or full time job ,BUT with all the things that go along with doing it.. Unfortunately, that usually seems to "ruin" the thing/hobbie your doing. Taking all the fun out of it; long hours, haggling over prices, water damage, dropped book, case/cracked case, sibling/wife/GF damage, theft, on and on. I'd have to also agree on the dividends thing. Northrop Grumman stock? or (insert 100's of other stocks here) , not so much worry. I sometimes even forget i even have it; until i see that dividend payment sitting in my account🤣. -Cheers
Thanks, appreciate the support! Yeah, I agree, if you're making money on the books consistently it's because it's a job or side hustle like anything else, and in my view, now it's not really an investment anymore
Yeah, dividend stocks are great! 😆. Thanks for watching and for the comment, appreciate it!
I think it depends on the comic. For example, do you think, let's say a 9.8 Superman 75 first print, would be worth more or the same 30 years from now? That's the question. If you answer that with a definitive answer, I think we have our answer.
You do make a good point that different comics will perform differently, and I absolutely agree. I would say though that just because the value of a comic goes up over time doesn't necessarily mean it's a good investment
For example it may go up, but not as much as inflation, so in that case it would be an investment that lost money. Or if you bought a different asset, it may have gone up more or paid you along the way, meaning the comic didn't perform as well as other investments you could have made
In my mind this means even though it did go up doesn't necessarily mean it was a great investment. Hope that makes sense
Thanks for watching and for contributing to the discussion, I think it's a question valuable for everyone in the hobby
Man. You are so money! Great video. I appreciate the time and effort you took to create not only this video but also all your other videos. I truly enjoy your videos and they are very informative. They are also very entertaining. Love when you share your collection. Would love to hear about your target list of books you are hunting. 🔥
I always thought they were good investments but do it for the hobby. The flip for me is usually to maintain and pay for my hobby so basically the investment piece for me is to break even so I can enjoy the hobby. But after listening to your video maybe I need to 🤔 😂
Thanks, appreciate you watching! That's a good idea, I'd be happy to share the books I'm hunting. What books are you after right now?
@@momoonocollects FF1, FF48, AMS129, Usagi Yojimbo 1
@@HaneyA Those books are 🔥
Have sold before and had a good time doing. Life changed so now buying what I like and holding. One day back to selling. Love your insight , video and your outlook
Thanks, appreciate it! Makes sense, I'm in the same place, buy and hold
Great points! Thanks for sharing your thoughts. Keep up the great work.
Thanks, appreciate your support and encouragement!
Timing is everything in every Market be very acute about when you buy your books
Very true, well said!
As you stated, hold all your books for the next 20-30 years, look at their values then, and then try to tell yourself that comics are still not a good investment. I bought a Batman 121 (4.0 purple) for $40 in 1994. I bought a Batman 181 (4.0 blue) for $30 in 1993. I bought a Hulk 181 (6.0 blue) for $200 in 2000. I bought a GSX 1 (6.5 blue) for $200 in 2004. All of those, plus too many more to list, have outperformed both the S&P 500 and gold since those times, and I still own them. If you're looking to flip in the short term, yes, comics can be a bad investment; if you're looking to hold long term, comics can be an exceptional (and fun) investment.
bro continues to show the fire
Thanks, appreciate it!
Thank you for sharing your thoughts. I really enjoyed your content!
You're welcome, thank you for watching!
You about to blow up in subs, StickyGoose just reviewed your channel.
That's awesome! Just watched the video, love his first impression 🤣
As a financial "professional" and a C.P.A., I approve this message. Kudos!
Thanks, appreciate it! Having known a lot of CPAs in my life, this means a lot to me 😆
Great insights, great pointers, great information. Good job!
Thanks for the kind words and for watching, appreciate it!
I would agree, but the same could be said about Houses, Classic Cars, Land, Gold, Silver, Old Guitars, or anything besides Stocks since they are a gamble, do not generate money.
That's true, alternative assets don't produce income either. IMO that's why when I invest in them, it's a very small percentage of my overall investment portfolio
Thanks for watching and for the comment!
Collected Star Wars, Micronauts, and Rom as a kid. My friend was into X-men comics and I definitely liked the cartoon.
Got back into collecting comics I liked again late last year. I haven't spent more than a $100 on a single comic and I don't ever intend to spend more then a couple hundred on one book. Also enjoying collecting manga and collected comics trade editions to read some titles/runs.
I'm having fun collecting and reading mostly vintage comics (star wars, micronauts, rom, x-men, conan, elric, D&D, watchmen, secret wars, berserk). I've also enjoyed collecting a few fun small modern keys. I'm only collecting a few modern books to read so far(saga, monstress, star wars high republic).
I personally don't enjoy most modern marvel comics because titles have soo many pointless renumbered runs and variants a casual collector wouldn't know what an issue in a back issue bin is. I don't hate my life enough to wade into the charley foxrot that is modern marvel comics but I might consider getting an omni to read if I hear of a good run and it's easy to find what I'm interested in. More likely to pick up magna or an indie cause they aren't stupid to find what you want to read.
It's a bonus that down the road one day when I retire and have spare time I can probably sell back some of my entertainment for someone else to enjoy.
I enjoyed your vid and subscribed to the channel. Thanks!
Thanks, I appreciate you watching and for the sub! That sounds like a great way to enjoy the hobby. What kind of manga do you like?
All good points. Comic Books are a little bit of a different beast when comparing them to Stamps. Comic Books represent art and pop culture. For example, Superman will always be around. And if a movie flops an iconic cover will never die out either. Finally, I think there's that chance of group of creators/writers making a next big hit. Currently, the only comic books I can recommend today are from the Energon-Verse. The mainstream is horrible. They're thinking the political message can excuse the lack of a good story. However, overall, would I recommend comic books as an investment? No, because I think you hit every point there is to make about the risks to it.
Appreciate it! And yeah, I agree, I definitely think comics have a lot more staying power than stamps because of the culture aspect, that's a great point you make
I also hadn't really considered the next big hit, just because I agree with you I'm not impressed with the storytelling in the mainstream right now, but that's just me
Thanks for watching and contributing to the conversation, really appreciate it!
There's no guarantee that any character will "always be around". A lot of people thought a lot of characters would last and they haven't. Yes, has been around for almost 100 years so he's had staying power, but another 100 years? No clue!
@@DanSchawbel agreed, there's no sure thing. Look at Sears 😆 Nobody knows what's going to be popular in the long run
I like that four color Lady & the Tramp.
I was hoping somebody would say this 🤣
Any time U a can get thousands of dollars for a 10, 20, cents or four dollar's! Comic book, is more than fantastic!! It's mindbolgeing!!! And it's been happening for the past 60 years, plus!!! What more does a simple minded person need to believe to understand that FACT?!!!! 🤔🤗
That is true 😆 it does feel good to sell
Awesome video.
Thanks, appreciate the support!
Excellent video!
Thanks, appreciate it, glad you enjoyed it!
Ok now I want to sell everything 😅😅😅 Can you now do a video on the good side of comic collecting financially? Lol.😊
No, don't do that! 😆 Don't worry, I love comic books and will be making a lot of positive videos
Collecting has honestly been the best hobby I've ever had. Stay tuned for the bright side! 😃
@@momoonocollectswaiting bro 😭😭😊
@@Blacksheepcomics 😆
@@Blacksheepcomics Hang in there!
Comic books may not be a good investment but the memory of them will last forever. ( I also think it would be cool if you featured an X-men comic in one of your videos)
100%, the memories will always be there. And I agree, yes, I'll definitely showcase X-Men books for sure. What are your favorite X-Men comics?
Thanks for watching!
Good data. Risky business. Buyer beware. As you get older, you have more concerns. Thank you for your content.
You're welcome! I agree for sure, definitely risky as an investment. Appreciate you watching and for the kind words!
In all my years of collecting and that is 57 years I've never seen comic books do what they did in 2022 and 2023 I made sure not to buy anything valuable during those years. Thankfully my returns on all of my keys gold silver bronze copper and modern have all done very well.
That's great to hear, glad you've been doing well! I don't blame you, books were all over the place during that time
57 years collecting, congrats! Do you mind me asking the favorite book in your collection?
🎉 Frankly, anyone with an ounce of financial literacy (and is being honest with themselves) already knows that investing in comics is higher risk as an alternative asset class and should only be a small % of an individual’s overall investment portfolio (similar to real estate or crypto, e.g.). Most people would be better off (particularly in today’s market) putting their money in a S&P index fund than comics. Certain savvy comic investors can make money if their investing is done right. But I think for most ‘investors’, the rate of return on their comic collection is less important than the enjoyment of collecting (the nostalgic value) and being part of the comic community. At least it is for me.
100% agree. It's the enjoyment of collecting. If you're looking to invest, put your money elsewhere
Also great books. Don't have those yet. I've always wanted a WW 6. It's all about $$$
Thanks! Yeah, I'm a big fan of Wonder Woman and Cheetah is such a big character
Is that a tmnt 1 first print behind you?
I wish...3rd print. Someday! 😆 You a big turtles fan?
@@momoonocollects yes I am. Hopefully I can own a first print one day too lol
@@boombaman31 turtles are actually the reason I started collecting comics, love them. Good luck on your hunt for a first print, hope you're able to get one someday!
@@momoonocollects thank you! 🙏🏼
35? Thats about 10-15 more than ai thought.
My collection is completely PC. I wont sell most of it unless I find out I'm dying. Makes things easier knowing barring anything outside my control, ill have them till I die.
I agree, I'm the same way. Hold onto the PC as long as possible. And yeah, people tell me all the time I look young for my age, I'll take it while I can! 😆
Thanks for watching and for your comment!
No feeling as good as getting a ton of money from the sale of a 10, 15, 20 cents comics!!! Hope I've given you some enlightenment in the matter your silly ness! 🤔😜
It does feel good! 😆
See I just buy cheaper stuff that no one else wants so that way I can always get what I want like Barbarian Women #2. No I do not in good faith reccomend looking that up.
😆 not a bad strategy...
The short answer is NO and its actually a dying market when compared to other collectible. If you have money to burn / throw at, maybe it can be a "possible" investment, but it wouldn't be your primary investment, rather as a 3rd/4th option as a "diverse" portfolio. If you have money to burn or throw at, it would be the Silver/Golden age. Coming from a person who has collected since 2011 (New 52) as an adult. Prior before 2011, the comic hobby was relatively cheap and less competitive. Another issue with comic is it is less fluid meaning you can't really sell it off for a FMV like you can with a stock or house. By the way, Is that a 1st print on that TMNT #1 by Mirage?
100% agree, it's definitely not a primary investment but a small portion of an overall portfolio. And yeah, the place to be is silver and golden age keys imo
Agree with the liquidity aspect too. And no, the TMNT is 3rd print unfortunately. Some day hopefully I'll upgrade! 😆
What about taxes, selling fees, and shipping?
@@DanSchawbel yeah, definitely have to factor those in. They weigh heavily on comics and is one of the reasons I don't think they're great investments
Well when you're buying the junk you have one the wall, of course you're not getting any ROI on them. Bitcoin and Artwork doesn't produce revenue, does that mean they are bad investments? Of course not, they are long term holds over time.
Thanks for the comment! We'll have to agree to disagree that my comics are junk 😆
And I agree, revenue production isn't the only indicator of whether an investment is good or bad, which is why I made several other points why comics haven't been a great investment for me
However I would argue that investments that do produce revenue have an advantage over those that do not. And though artwork and Bitcoin may not be bad investments because they don't produce revenue, it doesn't automatically make them good
The point I tried to make in the video is that in my experience comics aren't great investments in comparison to other assets, not so much on whether they are investments in a vacuum
@@momoonocollects they haven't been good for you cause you're buying the wrong stuff, ASM 129 and restored books aren't good investments, best book you shown was detective 140. The stuff on the wall is common stuff. Comics are volatile and if aren't making any money off of them, you're doing it wrong. Real estate is a good investment however, if the tenant doesn't pay the rent, it becomes a liability. Comics are a 20 year buy and hold investment
Offt, I take it you're buying AC #1, Batman #1, AF #15, IH #1 etc. You must be a "real collector" 😂.. Sounds like you'd only buy comics for resale value, rather than what you like!
Plenty people buy and sell collections and make more money PA and have less ball ache than renting out properties. The only real gain is when you sell the property (if the market is good that is)
If that's what he wants then so be it! What he owns doesn't take away from the points being made.
All these big scarce books weren't always that!
@@User8vfjhejf yeah, we're going to have to agree to disagree. I buy big first appearance keys, mainly golden and silver age. That's not junk, common or bad buys. Like the detective comics 140 or detective comics 58 or the sensation comics 6 or avengers 1 or ASM 3 etc etc
But even if you were right, the points I made remain the same, they aren't great investments because they don't produce passive income, they are more risky (as you even stated, more volatile), the high costs for the book when you buy, sell, and upkeep, the opportunity cost of them not producing revenue and the opportunity cost of the time spent to research, acquire, and sell the books, I could go on
And you must be the luckiest person alive to only sell your comics for a gain 100% of the time. I'm happy for you that you've done that, but that doesn't mean they were a good investment even if you did. And it doesn't mean you're doing it wrong if you haven't always profited from comics. Nobody ever gets it 100% right. As you said, comics are volatile
And even if you held for 20 years and you made a profit after factoring in the fees/taxes you paid to buy it, the cost to maintain and store it, the fees and capital gains taxes you paid when you sold it, that again doesn't mean you made money. You first had to beat inflation. Even if you did that, you have to factor in opportunity cost. Did it perform better than another investment you could have made? And they answer to that is most likely no. So you still lost
That's my perspective on it, obviously you're free to disagree. In this case, we both get to decide for ourselves what a good investment is or not. I'd ask you to refrain from insulting my comics though, as that's not respectful, constructive, or true
Thanks for watching and for the discussion
@@NobodyI991 thanks, appreciate the support! And I agree 100%, the books I own don't negate the points I made. To me they're true regardless of the comic
If you're just going to hang comics on your wall to look at the cover only, why not print out a hi-res cover from online (they're ALL on there), and hang that up instead? FOR FREE!!
I read comics too. Don't think there's anything wrong with spending money on things we enjoy.
Thanks for watching and for the comment!
@@momoonocollects You can't read them when they're a slab though. I just don't see the point of buying a comic you're going to have in a slab forever when all you can see is the cover. To each his own though.
@@DocReasonable I get that. You can also read them digitally, I haven't found a great platform for that yet though. To me it's the joy of owning it and displaying it like an art piece
@@momoonocollects Yes, I read them digitally on the iPad Pro. Best way to go! I could understand displaying the covers if you had the original art. Just seems odd to have them slabbed if you're never going to sell. Anyway, that's your call and your right.
@@DocReasonable I get that. I think the other benefit of the slab is better preservation. Original art is something I haven't really explored much, but seems to be growing in popularity
To me it's harder to price, display (especially in quantity), and protect. Maybe some day 🤷♂️
What app do you like for reading digitally?
If I start this I am going to impulse buy.
🤣 the temptation is always there...
If you were buying in the 1960s and 1970s and even the early 1980s then they were fantastic investments. But that ship has sailed
Yeah, I bet that was definitely a great time to pick up books. What are your favorite buys from that time frame?
That is Really hard to take!
Yeah, I get that. Just trying to be honest about my experience though and not just trying to say what people want to hear
Appreciate you watching!
Get a vanguard S&P 500 roth IRA as an investment! Any xtra money, buy comics!😜😜😜
Not a bad strategy! 🤣
more turtles more turtles more turtl
es
Man, I'm right there with you! Turtle power! 😆 🐢
I've made lots of . Money. On comic book's, you're an idiot if U don't know how to.make Money on comic books!! 🤔🤗
Thanks for watching! We'll have to agree to disagree. People lose money or break even on comics for all sorts of reasons that have nothing to do with intelligence
I agree it can be done, but even so, doesn't mean it's a great investment. Appreciate the comment!
Suscribed
Thanks, appreciate it! 👍
Momo Ono Collects is right they are not a good investment buy pokemon cards instead if I were you
I wish I still had all the cards I had when I was a kid 😆
@@momoonocollects oh well, material possessions
@@MatePutChu true