July 27, 2026

"Hobby Money" Hobby Quick Hits E234

"Hobby Money" Hobby Quick Hits E234

I seen a lot of stuff through the years. Today I talk about the transactions of the hobby on different levels, Is there a Caste System in the hobby and to be careful.


Also:

*New Product Release Schedule


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WEBVTT

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Hobby, not Quick Hits, delivering that breaking hobby.

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News directly loads.

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You want to know those hot joshat hardshap shafter you've

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got your copy. Here hosts John new Name h Right, folks,

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welcome to episode two thirty four of Hobby Quick Hits.

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As we approach the national here, I hope to see

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many of you at the Nashrope. You see me, come

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shake a hand, say hello. I love to meet as

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many of you as I can. Right. Like our our

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flagship show, right Sports Carnation, our tagline is the Hobby

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is the People. So it's not just words to me,

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it's it's mantra. So with that being said, this episode

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is titled Hobby Money, and I just wanted to do

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an episode kind of where we talk about some of

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the things I've observed over specially over the last few years,

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about what I've seen in the hobby and financial stuff.

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And you know, whether you know, you have to see

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whether you agree with me. Did I am I right?

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Am I wrong? I always appreciate that feedback. Uh. So

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that's what today's episode is going to be about. Not

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gonna be long, it's Hobby Quick Hits, So we're gonna

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kind of tackle it and be done with it at

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least at this time. But so thanks everybody out there.

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Hope to see some of you very soon. Let's start

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the show.

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Okay, now, a quick word from our great sponsor, followed

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by the new product release schedule. Then we'll go around

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the hobby verse to tell you all the latest hobby

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happenings and news. Then we'll tackle today's topic of discussion. Hi,

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this is Pat.

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Hughes, Cubs announcer, coming to you from the Sports Card

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Shop in beautiful New Buffalo, Michigan. The Gocher family has

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built an incredible place here for collectors to buy, sell,

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and trade cards and memorabilia. Be sure to stop buy

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and let them show you around the Sportscardshop dot com,

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connecting sports athletes, the hobby and collectors around the world.

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Hi, this is Alan Pinkett and I'm here to tell

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you the Gocher family has done it again. They've just

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opened up the Sport Card Shop in downtown Valparaiso, Indiana,

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and it is awesome. If you're a collector, you need

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to check this place out. Tell them Alan sent you,

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and get a free gift on your first visit.

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All right, let's go over the product release schedule. Let's

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for the next two weeks, Starting with July twenty ninth,

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we have twenty twenty six Panini Contenders PFL, twenty twenty

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six Tops Tribute Baseball, twenty twenty six Upper Deck Artifacts Golf,

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twenty five Slash twenty six, Upper Deck Fleer Ultra PWHL

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twenty five Slash twenty six Upper Deck Ice Hockey. Going

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to the thirtieth, we have twenty twenty five twenty six

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Top Shuwi for club Competition's inception Soccer Soccer not as

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easy to say as you think. Going to end of

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the month July thirty first, twenty five twenty six Panini

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Prison Basketball, twenty six Pro Set Metal Football, Hobby and Jumbos,

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Pokemon Mega Revolution Pitch Black Building Battle decks, and twenty

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twenty five Tops Resurgence Football blasters, the Lights, Hobbies and megas.

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Let's go to August. August fifth, we have the twenty

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twenty six TOPS Chrome Baseball, the megas, also Tops Chrome

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Update series Basketball blasters, the Light Jumbo Hobby megas. The seventh,

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we have twenty twenty six Leaf Seasons in the Sun Baseball.

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Also August seventh, we have twenty twenty six on Ex

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Track and Field Trading Cards, twenty five Slash, twenty six,

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Pannini Revolution K Soccer, twenty twenty six Wild Cards, Splat

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Summer Splash Baseball, Pokemon First Partner Illustration Collection Series three,

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Yugi Oh Legendary Arc V Deck. Also on August seventh

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of our deck Platinum DC Trading Cards. And that's your

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your rundown for the next two weeks. As I always say, uh, happy,

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happy ripping. Choose your weapon, happy ripping. All right and no, okay,

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So again, like I said the intro, I'm just going

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to share some of the observations that I've noticed, you know,

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in the hobby, whether it be in person, online, as

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a show dealer, as a show customer, as a content creator,

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the whole the whole ball of wax. Just things I've

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observed and sort of I don't want to say put

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the puzzle together, but sort of, you know, connecting the

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dots if you will. One of the negative things I've noticed.

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Maybe it's not as new as I'm trying to make

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it out to be, but I think we're starting to

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see sort of and I don't like it. I'm not

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you know, excited about. It's not something I like to see,

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but I think we've seen like a caste system sort

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of develop right where we have the higher end of

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the hobby, which is the smallest percentage, truth be told,

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sort of look down at anyone that's not in that

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space rather than look at it as we're all under

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the same umbrella. We're all under the same fraternity. Sure,

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one person that might have more discretionary income than another, right,

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but instead of like supporting each other's hobby, it's sort

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of become sort of a flex fest, especially on that

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higher end, and a lookdown fest when someone that's not

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in that upper space, you know, post something or does

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something in the hobby. We've seen sort of a divide.

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And even though that that top space or that top

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cast level is smaller, it still it still exists that

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riff and it's disappointing because I tried to whether someone

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will regardless of what level of collecting you're at, right,

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I view everyone as we're all in this fraternity fraternity together.

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We may go to different colleges, but our fraternity is

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the same. But unfortunately, I don't think a lot of

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people view it the same way. It's become sort of

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a competition to be better than somebody rather than to

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just enjoy cards in your own way and support other

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people who enjoy cards in their own way. I think

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it's become a flex fest. I think that's even on

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the content creation side. So that's one thing I've noticed.

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And again maybe maybe it's not new, but it seems

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to have really gotten worse. Maybe that's the way to

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phrase it. Investing over collecting. You know, I got in again.

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Sounded like a broken record here, but I got in

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the hobby as a seven year old kid in nineteen

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seventy nine, and I just wanted to get as many

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cards as I could get. I didn't care about the

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values or what they're worth, you know, I put rubber

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bands around them, true confessions, And for me, it was

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about the love and passion of at the time baseball cards.

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And you know, as obviously I get older, and that

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really hasn't changed now. Obviously I do content creation. I

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did my first show at fifteen, so I don't want

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to you know, I'm not trying to be hypocritical with

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the financial aspect, but it was it's not It was

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the driving force then for me and even today, even

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though I'm a show dealer and sell online, it's still

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not the driving force today. It's you know, if if

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the financial aspect on the way, I'd still be collecting cards,

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I'd still be doing content creation. But I think for

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some it's just about you know, it is just about

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the dollar signs and money. There's no attachment to cards.

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There's no nostalgia for certain people. There's no story that hey,

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my mom or dad, or my grandpa or my cousin

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or my buddy got me in the hobby. It's just

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strictly I'm gonna buy this for a hundred bucks and

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sell it for three hundred and that's the only attachment.

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And I remember at last year's National going downstairs in

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Rose at the Donald Stevens Convention Center, and there was

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you know, all the tables and trade nights and just

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walking around. Not a trade night guy per se. When

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I was walking around, kind of taking in the moments

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and just hearing some people, and it was a lot

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of younger people, but I even heard I don't want

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to like just make it out to be a younger

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collector or younger hobbyist deal I heard some older folks too.

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The cards were just vessels to financial you know. I

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heard people say things like, yeah, I got this an

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hour ago, I could let it go for this, or

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if you wanted to, I'll take these two, if you

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wanted to take this. They were just strictly monetary items.

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There was no PC or you know, and that sort

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of thing. And again, to each their own, but I

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think we've really lost a good high percentage of people

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who you know, I don't want to say high percentage,

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but we've lost a little bit of that nostout and

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why that we're in the hobby, if you will, and

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you know, it's sort of disappointing, but again it doesn't

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you know, and that let me say this too as well. Right,

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rather you like that or you don't care, you do care. Right,

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at the end of the day, you control what you

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want to collect, how you want to collect, and that's

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again that's the beauty of collecting is you're your own CEO,

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right to whatever direction you want to go, and those

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folks really shouldn't affect you other than maybe having an

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opinion on it. You know, let's talk about the breaking aspect.

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You know, we're going to do an episode on breakers

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coming up. I believe it. I don't know if it'll

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be the next one, but it'll be very soon. But

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we've seen you know, breaking, which I've always said, as

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you know, at the time, saved the wax industry. Right.

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We went from a time where products were collecting dust

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sometimes on shelves, certain products, and now everything sells out.

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You know, you can make a product that sells, you know,

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corn hole players on it. Someone's gonna buy it. Someone's

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gonna buy into a break. There's nothing that doesn't sell.

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And you know, I think you know it's it's I

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think certain breakers, like any part of the Harby right,

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do it the right way, price it the right way,

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and then others are just see dollar signs and it's

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just about maximizing ROI not about building community and that

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sort of thing. And I think it's it's sort of

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fed into that flipper mentality. I'm gonna buy into this

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break at hopefully a low price, hit something big and

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then turn just sell the car. It's like day trading.

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And again not me, uh, but you know, it's definitely

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a huge part of the hobby in and a huge

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part of the money and a huge part of why

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fanatics slash tops and other manufacturers are doing so well.

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It's it's the breaking part of the industry. And so

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for those breakers that are doing it the right way,

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kudos to you. For the greedy, ah un moral or

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in moral if you will, uh, you know that's that's

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on you and and you know that's it's too bad.

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I guess I'll say, let's talk about price manipulation. This

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is something there's two sides of the argument. People say

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it's it doesn't happen, and other people say it's happening.

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I'm a it's happening part of the camp. I think

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we're seeing people, uh you know, band together, if you will,

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or work together to try to set pricing, obviously at

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a higher price to maximize their earnings. Whether that's through

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shill bidding, whether that's on bidding on a card even

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with no intention to buy it, just so it looks

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like it sold for a price level. I firmly believe

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that is going on, and I think a lot of

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people who follow the hobby pretty closely. I think the

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high percentage of those people will tell you one hundred

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percent is going on. It's hard to how do you

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stop it? I think it just comes to people saying

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I'm not going to do that or I'm not going

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to participate, but you know, we got to have everyone

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doing that, and that's never probably gonna happen, So I

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don't think it ever goes away. I think you just

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have to know, you know, if you're in the market

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to buy a card, I think you just have to

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have a budget. And if it works out where you

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can acquire a card you're looking for, you know, great,

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But if it doesn't, you know, don't overpay for it,

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and just be wary that some of these techniques and

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practices are going on to raise the prices of certain cards,

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maybe even certain players. Right see, you got to just

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be aware about it, be smart, hopefully not participate in that.

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You know. You know, I've done a show benning episodes.

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I don't want to rehash that, but I've been asked

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to like bid on somebody's card to drive the price up,

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and I just I just won't do it. And I'm

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sure they weren't happy with my answer, but I'm just

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not going to just not going to do that. I'm

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not going, you know, I feel it's a problem. I'm

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not going to contribute to something that I feel is

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a problem. Another thing I get from people who correspond

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with the show, whether that's via text or PM or

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DM or email, is you know, someone saying, man, you know,

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my son or daughter like priced out of the hobby.

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This stuff is just so expensive. They look they want

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to participate in the hobby, but it's just like just

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stuff so expensive. It's becoming very difficult. And my answer,

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you know, to to those correspondence is like, you know,

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I know it is tough. I get it, but there

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are ways to you know, for a son or daughter

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or anybody. I don't want to make it up just

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to be a kid's thing, but anybody can be priced

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out of the hobby, including adults. So how do you

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combat that? Right? But it's still ways to enjoy the hobby, right,

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you know, if you're going to a show, go to

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those dollar boxes, those those bargain boxes. You be amazed

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what you finding those. I do them at my own

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and I've had cards, you know, that are turned out

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to be come out to be forty to fifty dollars cards.

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Someone will actually find them in my dollar box and

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in some cases they're like can you still sell this?

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Like this card's like works a lot more. I'm like, hey,

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good for you for finding it. You know, you reap

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the you know you did the work, you get it

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for a dollar. So go through those bargain boxes and

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you'd be surprised what you can find. Trade, right, if

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you know the whole hobbies, not just you know, cash money, right,

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make some trades with people. So maybe you can't afford

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a card cash wise, but you have some existing inventory

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that someone who has the card you're trying to get

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would rather have, and both sides can be happy with

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a potential trade. Right. So it doesn't always have to

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be transactional with currency, right, It can be transactional with

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cards for cards, So trading, hitting the bargain bins, you know,

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maybe going to some lesser known auction houses and maybe

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picking up some deals potentially that way, there are ways,

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you know, if you want to put in a little

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of work, there are ways to still enjoy the hobby

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and be you know, financially and fiscally responsible and save

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some money. Another thing, well, you know we've seen more

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so maybe COVID has something to do with this, But

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again I don't think it's just since COVID. I just

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think it's gotten worse since the COVID crescendo, Right, is

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that flipper mentality again, going back to the non attachment

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to any cards, just the cards just represent dollar signs,

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like this card is fifty dollars, this card's one thousand dollars.

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Not this this player means a lot to me? Or

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hey do you see what this guy did this week

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in the league, and that sort of thing. So you know,

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there's all And again that's not relegated to just the

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card hobby. That could be real estate, right. We see

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shows where people buy beat up houses, demo them and

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then rebuild them and then just you know, to make

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a problem. It's a business's a legitimate business. So I'm

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not it's it is legitimate. It's not like anything illegal.

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It's just not the way I hobby. And again, to

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each their own, I'm just saying it's it's to me,

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it's escalated, you know. And someone asked me a question,

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you think there's more flippers than collectors. I still say

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there's more collectors than flippers. But I will say this,

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the flipping population is growing, but so is the collector.

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Hopefully so's the collector of population as well. I'm gonna

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climb a clothes. On one more topic, right, credit cards

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and the hobby. And you might be hearing that right now,

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scratching your head, like credit cards in the hobby. You know,

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credit cards are a great tool. I have them, so

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I'm not gonna be a hypocrite. I have multiple, right,

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I have joint ones with my wife. I have some

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that are my own in my own for my business

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side of the hobby. And it's an easy pratfall to

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go down to. You know, we know credit cards easy.

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You just put it in the machine or tap to pay,

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and you get an item and it's yours, and you

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don't feel like you bought it because no money. You

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didn't pull money out of your wallet or money out

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of your account, and now you're taking an item with

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you and then that bill comes. Right, It's an easy

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prat fall to fall into. And I've already told the story,

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but for those that don't know, during my heyday in

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probably the two thousand's, early two thousands, I was opening

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you know a lot of whacks and running up, you know,

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putting it. Sometimes I would pay cash or pay it

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in full. An other time I just charge and say, well,

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I'll just pay off my credit card whenever. And one

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day I opened the mail and that credit card bill

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was ten k and I kid you, not one credit card,

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which is what I use. I didn't have a bunch

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of them where I had big bills, but I maxed

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out that card I think at the time, at like

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ten thousand dollars. And I'm like, holy smoked, I didn't

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even realize. It kind of just happened and snuck up

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on me. And that's a really bad feeling. It's kind

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of scary. And I was also early in my marriage,

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and I'm like, I can't. I got to put a

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stop to this. And so I did eventually pay that

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credit card off. I stopped adding to it. And it

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took a few years to pay off that credit card

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bill and get back to baseline and zero. And it

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taught me a very expensive lesson, right to be more

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wary of what you're doing and how you're doing it.

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And it hasn't happened again, and it will not happen again.

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Matter of fact, at the time of this recording, I

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have a zero balance on my credit cards, and I'll

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even go outside having say I have a very close

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to zero balance even on my joint of cards with

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my wife where we went to dinner the other night.

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We were talking about finances and my wife does you know,

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to her credit does a lot of the household finances

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and bills and that sort of thing. And she pointed out, hey,

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you know, we're very close to having our credit cards

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be at zero, which is a really great feeling. And

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even with my personal credit cards they are at zero.

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So that's a good place to be. It allows you

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a little more discretionary income to take vacations with my family,

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do card stuff solo. And that's where I'm out. And

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I will say this, and you know you're seeing a lot.

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You know, I talked about we let off sort of

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with the flexing with some of that higher echelon. You know,

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if you will the two percenters that are you know,

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the high rollers of the hobby, and you'd be surprised.

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And I know this factually that a good percentage of

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those folks are paying for some of these big transactions

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with credit cards. And I'm not even talking just one

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but multiple. I know some folks are taking out financial

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loans against their credit card with the purpose like I'll

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pay it back and then we forget about the interest payments,

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right you know, that's how the credit cards companies make money. Right.

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They don't make money if you just pay off your

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balance in full right away. They make money on the

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interest payments. They don't really want you necessarily to payoff

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those cards. And I know there's certain folks that are

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buying these big time cards on credit, and again that's

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their business. I'm not trying to but as someone who

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just told you ran up to ten thousand, and I'll

359
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tell you some of these other folks, it's more than

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the ten thousand. It's multiple cards at ten thousand or

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even more to acquire something to post and kind of

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flex it. And they don't realize that rabbit hole they

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might be going down that could lead to some financial trouble.

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I don't want to say room pretending, but potentially that's

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always a risk, right. You know, I've heard people have

366
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to claim bankruptcy. When you claim bankruptcy, right, you don't

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get to keep your stuff. You have to generally sell

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it to try to recoup as many of the funds

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that you owe when you claim bankruptcy. So I'm not

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saying that's going to happen in every situation, but I

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think you're going to start to hear more about people

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getting into, you know, financial troubles, you know, if they

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admit it, if they make it public, which you know,

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I don't know if who will or how many people

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will be honest about that, least outwardly, you know, maybe

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internally or with family or spouse, but I think there's

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going to be and I think some people are already

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ready there right where they're getting those bills in the

379
00:25:45.920 --> 00:25:50.039
mails and you know, getting that sticker shock, like, oh

380
00:25:50.039 --> 00:25:53.160
my god, now I got to pay start paying these back.

381
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And you know, when you have multiple of them, there's

382
00:25:57.200 --> 00:26:00.599
a minimum balance to and I've heard of situations where

383
00:26:00.599 --> 00:26:03.880
people can't even make when you add them all up.

384
00:26:03.920 --> 00:26:07.480
They can't even make the minimum balances on multiple cards.

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So I guess when it comes to you know, money

386
00:26:11.039 --> 00:26:15.680
and the hobby, just you know, be fiscally responsible. Know

387
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what that what could potentially happen, And obviously you want

388
00:26:19.400 --> 00:26:22.160
to avoid that for yourself. And if you have a

389
00:26:22.200 --> 00:26:25.160
family and married, you know that will be a hard

390
00:26:25.200 --> 00:26:28.759
one to explain to a spouse if you secretly ran

391
00:26:28.920 --> 00:26:34.799
up a six figure multiple credit card line, that that

392
00:26:34.960 --> 00:26:37.680
could be a that could lead to more problems than

393
00:26:37.720 --> 00:26:42.160
just financial that can lead to, uh, you know, some

394
00:26:42.160 --> 00:26:45.640
some problems on the home front. So just wanted to

395
00:26:45.720 --> 00:26:50.119
share some some observations, if you're will things I've noticed,

396
00:26:50.119 --> 00:26:54.759
things I know to be occurring, uh and just shed

397
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some light on it. So with that being said, we're

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going to wrap up this episode of Hobby quick at.

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I appreciate all of you, hope to see some of

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you here at the National this week, and thanks everybody.

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We'll see you soon.