Lizzy and Lissa break down the hidden costs – financial and otherwise – of collecting stuff. From classic collections like stamps and coins to more modern-day collecting, like Funko Pops and NFTs, people have a long-standing relationship with collectibles. People are drawn to nostalgia, the thrill of the hunt, and of course – the potential for financial gain. But is it worth the time, effort, and money? In this episode Lizzy and Lissa welcome a long-time mutual friend, Alex, who is an expert at collecting vintage tees.
Main Topics
00:00 Introduction to Collecting
00:43 Intro to Hosts and Special Guest
01:45 Running The Numbers Segment
03:29 Things We Collect
06:21 The Value and Challenges of Collecting
09:25 Collecting Things While Traveling
20:35 Downsides and Risks
25:05 The Thrill of the Hunt
29:00 Financial Investments in Collections
34:01 Digital Collectibles and NFTs
40:06 20 Cents Segment
References for Statistics
https://www.statista.com/statistics/1243205/share-of-us-adults-who-collect-physical-items-as-a-hobby-by-generation/
https://www.mdpi.com/2076-0760/12/12/671
Co-Hosts
Lizzy is a strategist, alternative investments expert, and a founding partner of Pursuit Funds. Follow Lizzy: Instagram | TikTok
Lissa is a personal finance expert and content creator. Follow Lissa: YouTube | Instagram |TikTok
Credits
► Produced by Lizzy Marie and Lissa Lumutenga
► Artwork by Lizzy Marie
► Music by Lissa Lumutenga, Net Net Podcast “Theme Song”
Talk to us
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Disclaimer
This podcast is for educational, informational, and entertainment purposes only, and should not be constituted as financial advice or any other kind of professional advice. Views and opinions are our own, and Net Net Podcast does not serve as a substitute for personalized financial guidance tailored to your specific situation.
Remember to always do YOUR own research, consult a professional as needed, and feel empowered to make your own decisions!