Markets work, typically, in peaks and valleys. UFO4 is a good investment, but now is not a good time to buy, as we are at a peak.
2 Likes
I knew it was gonna be big.
1 Like
I would not buy off of Ebay right now but would look to brick and mortar shops. Now that many are re-opening one might be able to find the book at a good price since it has literally been going up every day. Even a dealer in the know might be willing to work out a pretty good deal if they have one that was previously sitting before the nuclear fire was lit under Miles feet.
Ive been eyeing an EOSV2 1st at a local shop. The price was a bit high a few weeks ago, but it may be a good deal now. 
1 Like
Depends on how much time they spend keeping tabs on current prices 
1 Like
I just passed on a 9.8 at my shop a week and a half agoā¦they tend to look prices up though and it was just before the heatā¦could have had it for about 4-5 hundred. I know if I ask this week, they will look it up again and be out of my range.
Could of, should have, would haveā¦uggg.
Itās a super small shop and the owner, and sole employee, is not current on the market at all. The book has two colour breaks near the top staple. Itās prob a 9.4 at best, so, that has been holding me back a bit. There is def some money to be made from that book, if the price is right. I wouldnāt hold the 9.4 copy if I buy it, I want a high grade 3rd print for my PC. 
You might be surprised ā¦ I know several people that pre-unemployment were taking home around $800 a week ā¦ their unemployment checks were normally $375 a week or so, but with the $600 extra, they now are banking $975 a week ā¦
As far as the investment potential of UF4, no one has a working crystal ball ā¦ you spend your money and you take your chance ā¦ or not ā¦
Itās like Walking Dead #1 ā¦ I donāt know exactly what the peak price was for a slabbed high grade, but, Iād venture to guess many if not most that had it then now wished they had sold it ā¦
On the other hand, UF4 in 50 years may be the equivalent to Amazing Fantasy #15 ā¦ who knows ā¦ If I could predict the future, Iād be sitting at a bistro in Tuscany sipping a fine wine with my lunch, getting ready to head back to my villa in my Maserati ā¦ 
1 Like
Iām sure there are cases where some who were making very low wages are making more but I doubt most are going out and buying up comicsā¦ One would think theyād be smart enough to stash for the rainy day but then again, thatās why we have social securityā¦ for all the knuckleheads who donāt save up for retirementā¦
A lot of people have already echoed the sentiment that it was undervalued and I agree. I will say though, that when I worked at a comic shop in the town that I went to college POC would happily pay market value for a Spider-Man that better represented them. Itāll definitely drop, but I donāt know by how much. I like the Edge comparison, but that was never a book that moved as quickly for me. I really feel like itās hard to undersell the value of representation in comics. Miles is a modern character without the cringe worthy dialogue of a Luke Cage or Blade first appearance, and heās also Spider-Man. Not spider-person, spider-first name or spider-adjacent. Also, because of his media exposure, for young kids like my son heās synonymous with Spider-Man. If my son wants to see Spider-Man on TV l, and I try putting on something with Peter heāll say āno, I wah Milesā. I think itās hard to overstate what a big deal that is, and while I agree there will be lows, I donāt know that theyāll be all that low anymore. It took me a long time to snap out of insisting he was over valued, and as a huge Spider-Man fan, boy, am I glad I bit that bullet back at 15.00 instead of more. If the value dips enough for me to swing it Iāll be doubling down on my belief in Miles and looking to get a proper 9.8 instead of the likely 9.6 raw copy I have now.
1 Like
That sounds like a comment from a 1%er ā¦ I donāt know how it is in your neck of the woods, but around my area, $800 a week take home is considered pretty good coin, not āvery low wagesā ā¦
Saving has nothing to do with brain power ā¦ there is a distinct line in our Country between the haves and the have nots ā¦ believe it or not, most folks go paycheck to paycheck ā¦
1 Like
Oh donāt get me wrong, I live in Austin. Itās probably the most expensive city to live in in Texas. I know a lot of people struggling as middle class and upper middle class. Rent is absurd here. There are 2 bedroom houses that go up to 2k a month just to rent, my mortgage on a 3 bedroom is $600 less than thatā¦
I can tell youā¦ $800 a week wonāt cut it here in Austin and if you are managing to live on $800 a week, bravoā¦ youāre doing the near impossible.
Buying comics is stashing if for a rainy day if youāre good at it, has better returns than the stock market.
1 Like
My roommate just got his unemployment through after 3 months of trying sent him a check for $16,000 and thatās not even half his unemployment benefit which is going to be furthered extended in the next stimulus package. I told him to buy AF #15 but he bought a hot dog cart instead.
2 Likes
I think people who collect comics for future investments are in very small numbersā¦
My comic investments are not even mine they all transfer ownership to my 1st born when sheās 30 Roughly 20 years and 2 months from now
My youngest son (23) is absolutely cashing in. He is getting āunderemploymentā from the hospital he works at. Still works about 12 hours a weekā¦get the unemployment benefit and the additional $600. More money than heās ever had. Heās as frugal as they come though so that is good. Only thing he tends to buy is nice tennis shoes lol. He bought me a killer gridwall panel and shelves for my man cave though for Fatherās Day!!!
I will tell you this thoughā¦ in talking to him and many of his friendsā¦someone needs to inform many of these folks that the tax man will come a calling. Quite a few of his friends wonāt listen to advice and arenāt having taxes taken out āIāll worry about that when I need toāā¦ORā¦they donāt understand it will be pushing them into a different tax bracketā¦OR giving them enough income so that they wonāt qualify for varied finanical aids/other things next year.
Iām luckyā¦my son listens to me and actually has a really good head on his shoulders. Iām blessed.
They are only going to tax the actual unemployment benefit you make the $600 bonus wonāt be taxable.
Just for the record, those who are applying for unemployment now are not seeing the $600 any longer (well, at least in my neck of the woods)ā¦ I know someone whoās on furlough who applied for unemployment and is only getting the bare minimum from the state.