Submitted by Jshbone12 t3_ydw13s in wallstreetbets
I have 30k that I’ve been holding off to invest in the market. However, Kanye and adidas terminated their partnership, meaning yeezys will not be made as they are now.
They will become more rare.
I want to go on StockX (a shoe reselling platform) and buy 30k worth of Yeezys.
Since it’s a physical asset it could also be a good hedge against inflation. This is probably a safer bet than 90% of strategy’s on this sub. I’m wondering if anyone has some insight? I think in this market it might be the best investment I can make.
The Nike Yeezy line which was also discontinued has gone up a ton in value from what I’ve seen. Is this a no risk guaranteed bet?
Here’s a quote from an article I read, “Resellers predicted the price of Yeezys could jump nearly 50 percent, which would put the shoes at an average of $400 per pair”