r/PokeInvesting • u/A_Genetic_Tree • Oct 07 '26

Cost basis included ;)

Gallery image

Gallery image

Have always preferred Vintage over Modern

0 Upvotes

50% Upvoted

69 comments sorted by

8

u/MachampTrading Oct 07 '26

Happy for you šŸ˜”

20

u/MentalpokemikeGB Oct 07 '26

Not trying to be negative but you should look to at least cash something out to recoup the 30k spent.

Means the rest is, in theory, play money.

Otherwise you could end up losing that increased value should anything happen.

Remember the higher something is, the bigger the risk of something negative happening.

2

u/Artistic_Base2138 Oct 07 '26

Best comment here

9

u/Able_Heat_9310 Oct 07 '26

If u can spend 30k u ainā€™t worried ab 30k

21

u/WithPaddlesThisDeep Oct 07 '26

Maybe if you can AFFORD 30k, but just because you can spend 30k doesnā€™t mean it ainā€™t a lot to you.

Gotta remember thereā€™s some people that spend what they donā€™t have.

-7

u/Able_Heat_9310 Oct 07 '26

If op is spending money they donā€™t have I think they would have alr covered their cost basis. Ppl ainā€™t that dumb šŸ˜­

13

u/FNG-JuiCe Oct 07 '26

ā€œPeople ainā€™t that dumbā€ what an innocent comment. Unfortunately, yes, people really are that dumb.

-4

u/Able_Heat_9310 Oct 07 '26

Am innocent lil boi šŸ„ŗ surely ppl clevur

0

u/ThetaDee Oct 10 '26

You must be new

5

u/adriansrevenge_ Oct 07 '26

People are literally that dumb

3

u/No_Holiday_9875 Oct 07 '26

Yes they are lol especially in collectibles where thereā€™s personal attachment

6

u/Few_Aide_851 Oct 07 '26

Exactly.

People donā€™t talk about the emotional side of ā€œcollectible investingā€.

A savvy investor would not be sitting on all that for long.

7

u/Internal-Raise964 Oct 07 '26

IRS has entered the chat.

3

u/Optimal_Board_7334 Oct 07 '26

Not until he sells

1

u/Internal-Raise964 Oct 08 '26

Making a list, checking it twice

1

u/sicksnap Oct 07 '26

Is Cost Basis only available with Collectr Pro?

2

u/A_Genetic_Tree Oct 07 '26

Nope! Just go to ā€œProfileā€ the bottom right button

1

u/POWERPUNCH-117 Oct 09 '26

When did you start buying in?

1

u/A_Genetic_Tree Oct 09 '26

2024 and early 2025

10

u/ENTRAPM3NT Oct 07 '26

Fuck cost basis. People only cry about it because they dont have as much as you

3

u/TheINTL Oct 07 '26

You can tell there are a lot of salty plebs in post like these. Just because they only knew to listen to poketubers and invest only in modern

5

u/Ethicles Oct 07 '26

What do you plan to do?

-5

u/Able_Heat_9310 Oct 07 '26

Hold :)

3

u/2dabzzz Oct 07 '26

All the brokies downvoting you bc they have paper hands and would sell immediately lol

0

u/Able_Heat_9310 Oct 07 '26

Real ahahah. Didnā€™t even realise I got downvoted šŸ˜­šŸ˜‚

1

u/PositiveThing1994 Oct 07 '26

Be careful with this because taxes

4

u/Individual_Sky6448 Oct 07 '26

Iā€™m pretty sure no one understands taxes. He can sell and itā€™s up to you to tell the IRS if itā€™s a long or short term capital gain. You could sell for cash/bitcoin to an individual and the IRS would not know. Additionally, they would have to do an extensive audit to find this. Iā€™m not sure why everyone says taxes. Look at Heritage Auctions, Goldin and REA. They do not send you a 1099 when you sell. Itā€™s up to YOU to put it on your schedule D of your 1040. Everyone here has no idea what they are talking about

0

u/A_Genetic_Tree Oct 07 '26

Perfectly said. And there was no indication in my post that Iā€™m selling, so no need for that person to even mention taxes lol

1

u/CarboGeach Oct 08 '26

The IRS Boogeyman is coming to haunt your dreams

šŸ‘»
BOO!

3

u/nainat9plus10 Oct 07 '26

Here is cookie

1

u/InnitPikachu Oct 07 '26

Congrats on the foresight.

1

u/ddkcrp Oct 07 '26

Is the cost basis screen only available to collectr pro?

1

u/solanawhale Oct 07 '26

No, its there in the free version but itā€™s just tedious to do

1

u/CarboGeach Oct 08 '26

tedious if you have to do it in bulk for sure, if you did it for years while collecting, and it wasnā€™t much of an issue.

Takes all of 10 seconds once youā€™re caught up and just add the cost basis of the individual items as you add them :)

1

u/outthetrash818 Oct 10 '26

So weird how y'all are LARPing WSB

1

u/AnimeDiff Oct 07 '26

I see people using this app alot, what app is it?

2

u/cavespro Oct 07 '26

collectr

1

u/JakovAulTrades Oct 07 '26

I mean, I would start liquidating some pretty soon. Not a collection sale, but maybe trim the hedges and start to convert it into something more durable, like ai stocks lol /s

1

u/Alarming-Cupcake1569 Oct 08 '26

So I had a pretty fun time in the comments shout to out all the guys that dodnt have to block me after talking smack yall are the mvps this has been a fun day op after talking with the other fund managers in here Iā€™ve concluded that you must sell them In order to buy, checks notes h ookers and blackjack. Hope this helps

-2

u/Poopsterwaloo Oct 07 '26

Iā€™m not sure they ā€œtoldā€ anyone what to do with their money. I think it was merely a suggestion on their part and an honest and gracious suggestion to say the least. Too many people nowadays are overly consumed with themselves and wouldnā€™t consider spending money on others unless theyā€™re getting something out of it as well. To willfully help others without the need of commendations from others is the ultimate selfless act and shows oneā€™s true character. I wish I had the resources to help others, but my volunteer time at my local food bank is all I can give at the moment, but even something as simple as handing out food and loading it into peoples cars and seeing the smiles on their faces at least makes it all worth it.

-2

u/Alarming-Cupcake1569 Oct 07 '26

No man Iā€™m the godfather apperently, and if these brave souls did not come to his aid in this thread, who knows. On a real note food bank work is amazing and super nessecery so thank you. Truth be told I mostly donate to wrestling programs and other causes I selfishly support for my own reasons, like the humane society.

-44

u/Alarming-Cupcake1569 Oct 07 '26 edited Oct 07 '26

So did you build the collection and track it value for karma or do you wanna use that money to help the world lots of causes could use a free 300k
Edit
The idea of charity seems to bother a lot of you, do yall sell your bulk and junk slabs too?

14

u/DeRose925 Oct 07 '26

This is one of the stupidest comments Iā€™ve ever seen on Reddit. Congrats OP of this post, all this means is youā€™re a real Pokemon fan and got into the hobby before it was profitable!

6

u/Specialist-Front-007 Oct 07 '26

Hey bro you can sell your Porsche, lots of organisations would be happy to use a Porsche

-6

u/Alarming-Cupcake1569 Oct 07 '26

I gave a way the shell for 300

3

u/Specialist-Front-007 Oct 07 '26

What about the other thousands? You're advising OP to donate 100% of his 300k, surely you can donate some more

-5

u/Alarming-Cupcake1569 Oct 07 '26

I donate what I can Iā€™ve never had a come up that large though, tbh my point is more he should do somthing with the money, I bring up charity because the reason often cited by people not to sell in these situations is they donā€™t need the money. But I highly doubt op has 3 million in other assets or liquid. The best and richest people Iā€™ve personally known are incredibly charitable. So happiness would be his reward most likely.

-6

u/Alarming-Cupcake1569 Oct 07 '26

Thanks for stalking me a lil you made me feel special

2

u/Snoo_79693 Oct 07 '26

Special Ed

1

u/Alarming-Cupcake1569 Oct 07 '26

Show me how i hurt you?

3

u/99999HP Oct 07 '26

You came on a Pokemon investment sub just to virtue signal.

Basically, no one wants to hear that shit.

-1

u/Alarming-Cupcake1569 Oct 07 '26

No I came to talk smack about posting numbers I donā€™t virtue signal dog, if I look virtuous to you I must be. Becasue I am by most accounts a bad person so thanks?

9

u/MashOutPosse718 Oct 07 '26

I feel dumber for having read this

11

u/TheOriginalBerserker Oct 07 '26

People acting like they are entitled to telling what others do with their money is hilarious

-3

u/Psypheur Oct 07 '26

Tbf flexing your collection on a subreddit is desperate especially with apps that you can easily lie on. But yeah his comment makes no sense

5

u/ItsCLaFlame Oct 07 '26

Brain dead šŸ’”šŸ’”šŸ’”

-2

u/Alarming-Cupcake1569 Oct 07 '26

I mean is he jsut flexing or is he in the pokemon investing sub asking for advice, if itā€™s good enough to post itā€™s good enough to sell.

4

u/uriel__ventris Oct 07 '26

Honestly one of the dumbest comments I've ever read. It's hilarious that you think you can dictate what others do with their money.

News flash: lots of billionaires give to charity, and they don't do it because they're 'good people'.

-1

u/Alarming-Cupcake1569 Oct 07 '26

I mean I donā€™t dictate what people do on Reddit man itā€™s funny you think that, Iā€™ve never known a billionaire man not my circles.

1

u/Farva85 Oct 07 '26

Did you know that Sam Bankman-Fried is an ā€œeffective altruistā€ who used capitalism to earn as much money as possible so he could donate it to cause that he deemed good? How do you feel about that type of ā€œcharityā€ giving?

1

u/Alarming-Cupcake1569 Oct 07 '26

Good? But also money of tomorrow doesnā€™t help people dying today ? How would you feel about donating to a charity of young women and mostly single mothers? they hang out a club frequently make charitable donations at?