Unconventional Investment Strategies Vol.1 - Next Generation Video Game Consoles
Friday, December 15th, 2006Every few years an event happens that allows the business boy to reap profits like a day trading coke dealer. This event is the release of the next-generation video game consoles. The hype around console releases can never be understated. And while Microsoft, Sony, and Nintendo are all willing to sell these systems at a (substantial) net loss, there is no reason why you shouldn’t even out the curve for them.
Before the jump, it may be prudent to heed a tale of unconventional investing gone awry: When I was a just a spry young chap I had a dream that by this time in my life, my comic book collection would have appreciated in value to the point that I would be able to retire. I mean I had Batman Spawn Team-Up, Wizard 1/2 issues, and the incomparable Brigade #1 Gold Cover (An Aside, The Brigade #1 Gold Cover saw a drop in value of about 87% in the spring of ‘96) But the best laid plans…
Anyways, now that no one cares about the “value” of comics, one has to look to other means to easy street. And while the “market” may be ripe for the picking there are other outlets available, like blackjack, or if you don’t like counting cards the Playstation3….
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