Logan Paul: Collectibles Over Stocks?
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Tuesdays
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Younger investors, including WWE star Logan Paul, are turning to collectibles like Pokémon cards and Birkin bags, bypassing traditional stocks and retirement plans. Pauls Pikachu Illustrator card, graded a perfect ten, sold for $5.3 million and is now up for auction. Gen Z investors claim collectibles outperform stocks, with Pokémon cards surging 3,261% over 20 years and 46% in the last year. However, collectibles come with risks like poor liquidity, upkeep costs, and market bubbles, offering around 2.4% real annual returns long-term, lagging stocks.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
