Category Archives: Douglas Johnson

Foil Modern Commons

Because I was sitting in my bedroom at a loss for something to write about this week, I reached out to the Twitterverse as an attempt to stir an idea. Thankfully, @PhillyB322 had a great suggestion for a starting point to kick things off.

Screenshot 2015-12-15 at 8.35.30 PM

Literally

At this point, you’re probably thinking; “Really? Literally no store has foil Blighted Agents? Pshhhh.. Hyperbole at its’ fin-”

Screenshot 2015-12-15 at 10.47.39 PM

Screenshot 2015-12-15 at 10.54.16 PM

Screenshot 2015-12-15 at 10.56.19 PM

Screenshot 2015-12-15 at 11.01.17 PM

Screenshot 2015-12-15 at 11.02.06 PM

Wow. Huh. I literally cannot find a single foil Blighted Agent on the U.S. market. No beat up copies, nothing on eBay, ABU, CK… Wow. After some further research, I managed to find the European market stocked with a few copies, if you A) really need them for your own Infect deck or B) are convinced that these can jump to $25 or $30.

Screenshot 2015-12-15 at 10.59.58 PM

So what’s the reasoning behind the vanishing act? It doesn’t look like someone bought out the entire internet recently with the intent to make a profit. If they did, I think we would have seen players and store owners coming out of the woodwork: digging their copies out of bulk, swapping them from decks, and listing them online to start a race to the bottom. If we check the MTG Stocks foil graph, the only recent movement that the foil has shown is a slight bump from $14 to $18 in the past month or so.

Screenshot 2015-12-15 at 11.08.45 PM

So What’s the Takeaway?

So what’s our battle plan with this information? Do we go narrow within the deck Blighted Agent sees play in, and pick up other foil Infect stuff? I can’t really think of anything else in the deck that has a similar multiplier that’s ready to jump. We missed the boat on Groundswell foils (well, I did; I sold mine on TCGplayer for around $4 if I remember correctly. You might have made a bunch of money buying my copies, and would be laughing at me right now), while the non-foil continued to be pressured into the ground by the reprint that it received in Duel Decks: Zendikar vs. Eldrazi.

Screenshot 2015-12-15 at 11.39.42 PM

Some of you know that I’ve been on the Glistener Elf train for a while; I still firmly believe that holding non-foils of Elf and Agent are the correct play (buylisting them at $.10 and $.25 seems criminal while Deceiver Exarch is chillin’ like a villain at $3.50, even with the aid of a reprint in the Commander 2013 set. If you have the privilege of picking NPH bulk, I’d hesitate on shipping those Modern common/uncommon pieces, at least until the end of winter.

Foils of Glistener Elf might also be a play at $4 to $5. I’ve been holding onto these for almost a year now (I think), but I keep holding off on selling them because I think it’s absurd that such a hard-to-reprint card that sees play as a four-of in a Modern combo deck could hang out at $4 to $5. I know that it got an FNM promo a few years back, but still…

Going Wide

Alternatively, we could jump over to other Modern decks with commons and uncommons with foil multipliers that appear to be criminally low. You’d be surprised at how little Modern play a card needs to see to be worth money: my friend Izzet Staticaster from back in my Kiki-Pod days is now a $10 to $12 foil, even though it basically only sees play as a one-of in the Grixis Control and Grixis Twin lists. Is this also a common Cube card that I’m not aware of? It’s from a more recent set than the Infect twins, sees less play, and yet the foil has still been holding its own at the post-spike price for about a month now.

Screenshot 2015-12-15 at 11.37.47 PM

Hmm…. So what’s an example of a highly played, foil, Modern common that hasn’t already spiked? Well, maybe this little guy here:

Screenshot 2015-12-16 at 12.12.18 AM

While he does have a Gateway promo from back in the yonder days, I’m definitely surprised to see this little flier so cheap. Is this the next Izzet Staticaster? It certainly sees enough play as a consistent four-of in Affinity, ruining the lives of mono-red players everywhere. It’s hard to reprint again with that good, ol’ Phyrexian mana, and you can pick up a playset of either version for around $10. While I’m not one to normally speculate on cards at full retail, I definitely like Vault Skirge foils going forward into Modern season.

Is there anything else from Affinity that we can look to in the relatively under-appreciated commons and uncommons? While most of them have been reprinted into dust, the pack foil of Signal Pest has been lagging behind its promo version. Whether that’s simply due to an art preference is open to debate, but if you’re looking to foil out an Affinity deck, I would start with these two aggressive and cheap (in both senses of the word) one-drops.

Screenshot 2015-12-16 at 12.21.18 AM

End Step

  • SCG gets a bad reputation sometimes for having overpriced cards. That’s literally the only complaint you can honestly make about the store, and it’s not even their fault for charging prices that people are willing to pay. However, their holiday sales are definitely worth checking out. Here’s what I just recently picked up from the $1 sale:
  • Screenshot 2015-12-16 at 12.01.59 AM
  • Unfortunately, a lot of the cards that I was originally going to buy didn’t make it to the end of the checkout process. I was going to get away with 43 SP copies of Boundless Realms at $1 each, but someone else sniped them before I could finish my purchase. The same goes for those other 10 copies of Heartless Summoning, and about 15 more Mimic Vats.
  • The Seize the Day are for an arbitrage attempt, so we’ll see how that goes. My experience with SCG’s grading has been extremely positive, and most of the SP cards that I’ve ordered from them have been NM by my and my customers’ standards. I’m hoping that MP will basically be my SP, so that I can still make a few dollars by just shipping out most of those Seizes to another store, even after the dust is settled with grading.
  • As a closing statement, I’d like to remind you to check out as soon as possible when you find a great deal like those Boundless Realms that I missed out on. I got greedy by putting them in my cart, and scanning through the rest of the $1 sale to see if I wanted to add anything else to my cart beforehand. If I had locked in that order of 43 Boundless Realms first, it would have been well worth paying the shipping costs for separate orders by making sure nobody else could snipe them out from under me. Misplays were made, and lessons learned!

Flashback to Nekusar

Welcome back, financiers and non-financiers alike. In last week’s article, we discussed what the definition of a “fake bulk rare” is, why it’s different than true bulk, and what you should do with cards in the category. I’m relatively proud of it as I think it’s an under-explored area in our little MTG finance alcove, so be sure to check it out.

Go ahead, I can wait.

I’ll continue to hold this awkwardly conversational writing style with myself until you get back.


In other news, Reddit continues to spark inspiration for me to write content for you all. I took a stroll through the weekly “Ask r/mtgfinance Anything” thread this morning, and stumbled upon a question that hit relatively close to home. Instead of doing a scattershot of responses to Reddit’s finance questions, this one is deep enough that I feel I can accurately break it down over the course of a whole article, instead of forcing you to jump from topic to topic with me. Reddit user emeoelmo11 writes:

Untitled

Have been holding on a set of Commander 2013 for about two years now and realized that the price isn’t moving up at all, with only a handful of staples in the decks that are worthwhile to keep. Also, have not found any luck finding buyers for these at discounted prices, even.

1) Should I crack these open and sell them individually to at least recuperate some cost? Seeing more Commander products being printed every year, I am not confident any of these will go up any time soon.

2) If I were to crack one open, it would probably be for play. Which of these are best for a beginning player of EDH to delve into?

If you’ve been following my content for a billion years or so, you might remember that I used to write for Brainstorm Brewery. In particular, about a year and a half ago, I wrote an article about my own personal errors that I made when it came to investing in sealed product. Since the information in that article is pretty outdated (and poorly formatted), I’ll save you the trouble of reading it. The short version is that I made a mistake investing into sealed versions of  From the Vault: Twenty and Commander 2013, when I could have capitalized on the huge spike of Legacy staples like Rishadan Port or Tundra.

In that article from August 2014, I said that I would be in for the long haul when it came to my sealed product. I had no need for emergency funds and owned plenty of extra copies of the cards that came in each of those sets. I would just continue to leave them in their plastic totes to collect dust, and remember that I owned them if someones asked for an easy way to get into the Commander format. If I happened to run out of Jace, the Mind Sculptors that I had in stock, I could crack the FTVs and just fill my binders with some of the higher-end stuff, throwing the chaff foils into my dollar boxes.

Only a couple months ago, I decided to crack open a decent portion of my sealed product (five FTV20s, and fifteen C13 decks) to help replenish some of the cheaper cards in my display case, in addition to filling a local order for a playset of Jaces. There was still no movement on either sealed product, and I was obviously never going to realistically move them while still packaged unless I wanted to lose out on a huge chunk in shipping.

Replenish.full

Our Redditor produced a couple of solutions (well, pretty much the only two possibilities) themselves, so let’s go over those in detail.

  1. Crack it all. I kind of spoiled the ending a little bit, as this is obviously the move I chose to make. The cards had been sitting in storage for two years, doing nothing but taking up space and money. I finally got a request for a few individual cards that I didn’t otherwise have, so I filled those by shredding my sealed product for parts. This player is actually, well, a player, so I think they’ll get even more value out of learning the format with their preconstructed decks. Nobody ever accused the Nekusar deck of being underpowered, and you can certainly still trade the True-Name Nemesis toward upgrading whatever deck you decide to stick with.
  2. Let it sit in the oven for a while longer, and accept the fact that these are basically never going to appreciate in price. Let’s get this statement out of the way right now: It will be several years before Sol Ring is ever worth more than $1.50, especially if they continue to print the card in the every yearly Commander set, encouraging its ubiquity in the format. A lot of us (including myself) incorrectly assumed that the Commander sets would be a continuous gold mine of value, following the trends of the first set in 2011. We were wrong. Wizards has learned from its mistakes.

RTR box

Remember these? Back in 2012, these were the go-to slam dunk for sealed product. Shock lands, Abrupt Decay, Deathrite Shaman, all at rare. If you wanted to make a 30-percent increase over a three-to-four-year period, this was what people like me would tell people like you to buy as a safe and solid investment. Now you can find them for almost 20-percent cheaper than they were back when Obama won the election for his second term.

Sealed product is was attractive to us because it required a very minimal amount of effort. You threw money at it, moved your girlfriend’s shoes around in the closet, and deleted the memory of buying it from your mental hard drive. Four years later, you’re supposed to dig it up like a lost treasure, making a significant return on your investment by popping it up on eBay or Facebook, selling to all of the nostalgic players who want to reminisce about their favorite draft format.

I’m here to remind you that the era of making money off of any random sealed product is long gone. Even today, I see posts on both local and non-local Facebook groups, asking the masses, ” What would the best sealed booster box be to invest in?” I see a ton of replies suggesting that you can’t possibly go wrong with Khans; you get fetches, you get….. uhhh….. uhhh…… foil Monastery Swiftspear?

khans

Will these be $80 in three years?

So what could you get instead of a box of KTK, that has a higher likelihood of giving you a return on investment in a shorter period of time? Well, you know, speculating isn’t my personal preference for putting money into Magic, but let’s put on our spec caps for a minute. If you really want to burn through that $90, I’ve got a couple of suggestions.

cryptic

remand

You can buy Remands on TCGplayer for $4.50, NM with free shipping. Seriously, that’s a thing. Remember when these were $15 not too long ago? To make it even more appealing, the buylist prices that vendors like ABUgames pay are close to $3, making the spread relatively low for a cheap modern staple. Cryptic Command has followed a similar trend, hitting its all-time low yesterday (and today, and probably tomorrow…).

You know that my strategy is “never buy Magic cards at full retail,” but I just have a bad taste in my mouth when I personally sell Remands at $4. I’m holding onto the rest of my copies until Modern season hits, because I think these creep back up to at least $7, maybe $8. Cryptic could hit $30 to $35, which is certainly a better ROI than a box of either RTR or KTK.

End Step

In other news, Stoneforge Mystic is the next Grand Prix promo. Someone on this website who cares a lot more than I do will probably write about that.

Awakening Zone has moved up almost 25 percent since I wrote about it last, before the Battle for Zendikar set release. It’s certainly had a stronger track record than From Beyond. I still wouldn’t touch From Beyond at $1—I think A-Zone continues to be a better train to hop onto if you really need copies for EDH.

Dimes Versus Dollars

I have not been on top of my game recently, and I apologize for that. I’ve had a lot more schoolwork and mentoring work on my plate than I expected to over the past month, and the quality of my articles has suffered so that they have not been the fountains of knowledge that they used to be.

Another problem that I’ve been having recently is that I don’t have as strong of a niche as some of my fellow writers on this website. Jason Alt gets to handle a format of otherwise “unplayable ten drops” for people who want to pretend that they still play Magic, and Jim Casale handles the “grinder” aspect of the game to help all of you who actually do play Magic. Sigmund is skilled at tying in “real life” finance and investing to the Magic market, and he’s also got a pretty solid handle on this Old-School Magic thing. I should probably sit down and talk to him about that format one day, but I just keep getting too distracted. “Tell me about the war, Grandpa!” I ask him, but then it’s time for his afternoon nap and I have to wait another day.

Oh, and I try to focus on collection buying and building a personal brand as a vendor. That’s supposed to be my area of expertise, if you can call it that.

The Problem

There’s an inherent problem with collection buying though. Well, not collection buying itself. Buying cards at buylist prices is awesome; writing about it can sometimes be another story, though. While EDH, Standard, Modern, and real-world finance comparisons continue to change and evolve based on the new products and information that Wizards provides us, the rules for collection buying largely stay the same.

I don’t exactly expect WOTC to start selling “collection buying” kits that come with $1000 cash, a buy mat, and business cards, so as an ex-grinder trying to teach the transition toward “friendly local guy or girl who has what you need, whether it be cash or cards,” it can be difficult to come up with new material when there’s not a new breadth of information that applies to us. I’m often at a loss for words on the night of my deadline when all I can think of in terms of helpful advice is, “Wait until people need to sell cards at buylist prices, then buy those cards at buylist prices.”

A Little Help

convo

Thankfully, I have at least a few people out there who haven’t stopped reading my content (yet), and are willing to provide constructive criticism. I was having a conversation with one of my readers earlier this week, and he gave me some excellent advice that I think will help me focus on this specific topic more, and by extension I hope that will be helpful to you. I’ve already written on bulk rares quite a bit in the past, and why they’re one of the safest purchases that you can possibly make in the game, as long as you don’t overpay on them. They’re versatile, easy to convert back into cash, and they allow you to bridge the gap between competitive and casual players very easily.

I hope that with the hint from the title, and my follow up on that paragraph of helpful advice, you can see where I’m going this week. Well, if you follow me on Twitter then that helps too.

Untitled

Three yes votes? Good enough for me—let’s go. While I’ve extensively covered what I have personally nicknamed “true bulk” rares, I’m going to expend on that topic a bit by giving a closer examination to “fake” bulk rares.

5a252177-4377-408f-b1bf-0fbb928488b0

The above is a picture of (mostly) true bulk rares. These will have a TCGplayer mid average price tag of 75 cents or lower, and no buylist will touch them as actual distinct cards. Most stores who buy true bulk rares do so at a rate of 10 cents a piece, although sometimes you’ll get lucky and find a vendor shelling out 12 cents at a Grand Prix. These are the vendors that you’ll likely want to cash out to, and I highly recommend Card Advantage (the United States one anyway) for ousting your bulk rares.

So what’s a fake bulk rare then? Well, they pretend to be higher then bulk, but only if you take a quick glance at the TCGplayer mid or SCG price that so many players know and love. That price will usually waver anywhere from $1 to $2 depending on the site that you use, but the important number that us financiers care about is the always-precious buylist price.

056e4cbe-9ce9-470a-96a0-561ea08a8146

If you’ve been buying some collections, decks, and lots from players as a result of reading my articles, great! I’ve always advocated waiting until you can find things for buylist prices, as it’s usually the most effective way to flip something relatively quickly for a solid profit. Someone needs to sell an Overgrown Tomb to buy a milkshake or pair of comfortable cargo shorts? Give them $3 or $4, then go throw it up on TCGplayer when you get home.

tomb

When you’re dealing with staples above $4 or $5, it’s much easier to use 50 percent of the average price as an approximate guesstimate line because you have more of a profit margin to work with. It’s fine to pay $60 on a Liliana of the Veil, because you know that the highest buylist price is $65 for you emergency out, and you’ll get $73 or $74 after fees if you throw it up on TCGplayer or eBay. (Hinty hint-hint: you’ll probably get more on Facebook)

lili

What Does This Have to Do with “Fake” Bulk Rares?

Well, your margins are a lot smaller when you’re buying cards that only have a TCGplayer mid of $1 to $2. If you settle into the mindset that true bulk rares are the only actual bulk rares in Magic, then you’ll end up overpaying and losing money when you’re handing out 50 percent of TCGplayer prices when you’re buying Beastcaller Savants. (Disclaimer: CCG House is paying 50 cents cash on Beastcaller Savants, and they want multiple playsets. It’s ridiculous. This is basically unheard of for a card that has otherwise depreciated to the point of being a bulk rare when it’s viewed through the lens of a vendor.)

beastcaller savant

Instead of shelling out 50 cents a piece on these when Ben the Standard player wants to cash out on the remains of a Battle for Zendikar case that he received as a Christmas present, you lump these in with the bulk rares. If you’re feeling like a jolly Santa, you pay 25 cents.

“But DJ! The TCGplayer mid of that card is $1, how can you rip me off and pay 10 percent of the cash value on a card like that?”                  –Ben, who is woefully misinformed about the cash value of his card

This is the part where you get to choose what to do. You have control over this situation; it’s like one of those Choose Your Own Adventure books that I read in fourth grade (and got like six reading points for each book, even though it’s obviously not a “full book” and I only had to read like 30 pages to get to the end). You can choose to A) Educate him by pointing to this article, B) Explain a summarized version of this article to him and let Ben know that he would be hard-pressed to get even 25 cents for the card, even if he were to sell on Facebook, or C) Don’t bother explaining the economics of everything to him if he seems genuinely offended and expecting to get 50 cents, and just let him keep the card.

beastcaller

You’ll notice that I have some other Battle for Zendikar rares in that pile of garbage, like Radiant Flames and Scatter to the Winds. I paid 25 cents each on the Radiant Flames, and 10 cents each on the Scatters. That’s not a brag about how I’m going to make 400-percent profit on each of those cards, because that’s probably not going to happen. Nobody wants to pay the full TCGplayer retail price on a dollar rare like that, unless they’re inside the convention hall on the morning of a tournament and in a desperate situation to find the card.

So Why Should I Acquire “Fake” Bulk?

I’m glad you asked. While these cards are almost impossible to sell for a significant profit margin, trading these off to Standard players who “need a set” or “might play these in the future” is definitely the play. Because they teeter on the edge of fringe playability in one format or another, you’ll have much more success using them to bump the value of larger scale trades when your partner wants to use TCGplayer mid or SCG values. While I don’t think PucaTrade is the worst outlet for fake bulk at it’s crisp and tasty full value of $1 to $2, it’ll be basically impossible to find a trade unless you’re willing to put in a massive amount of time and effort to upload all of your lower value rares, then use a bot or program to help click your trades for you before they’re gone in an instant.

If you happen to be $3 or $4 up on a trade involving Modern and EDH staples and your partner needs to find that amount to cover the difference, grabbing three Scatter to the Winds or Radiant Flames at $1 each can be a quick and easy way to finalize the trade instead of dealing with awkward Modern increments of $5 or $6. Alternatively, you can work up small piles of fake bulk rares into rock-solid casual/EDH cards that can later be sold for a relevant value. One playset of Fathom Feeder for a Blood Artist? Seems fine, especially when our trade partner is a Standard grinder who has no use for a Blood Artist, and might play Esper Dragons in the next couple of months.

Fathom Feeder

Before I make my exit, I want to go over a point that may not have been initially clear. Fake bulk is not always rare, and it’s not always “semi-playable garbage from the most recent Standard sets.” Some fake bulk cards can still have buylist to retail spreads of 90 percent, but manage to hold their demand and retail value exceptionally well. These are usually better known by the term “picks.”

d00c2888-cc8a-424a-9045-aeb854fe04da

If you had the option of paying a dime for a Beastcaller Savant or a Pyretic Ritual, where are you throwing your coin? Exactly. Many of these modern, casual, and EDH commons and uncommons share a retail to buylist spread similar to the fake bulk rares that we’ve been learning about, but it’s going to be much easier to find a buyer or trade partner for a playset of Pyretic Rituals, Brainstorms, or a single Alara tri land at $1 per card than you will for a Bring to Light.

If you have the opportunity to pick bulk and end up with a pile like the picture above, I certainly don’t recommend buylisting off those Rituals, Thought Scours, or Delvers at 10 or 25 cents a piece. It’s fine to play the waiting game here until Modern season rolls around, or until a budding Commander fanatic texts you a list of stuff that he needs, but is too cheap for other players at the LGS to have in their binders. If you have it stashed away like my pile above, you’ll be that player’s hero and make a few dollars for nothing.

No “End Step” this week, because I feel like we’ve covered a lot of material already, and all of my other co-writers will have covered the current news to the point where I’d just be beating a dead horse. It feels good to be back and writing about a topic that I think has a shockingly low amount of content, and I enjoy feeling like I’m at least filling some kind of niche in this arsenal of prolific Magic writers. Thanks for reading!

Finance 101: Emotions and Goal Setting

When my coworker Sigmund Ausfresser posted his article for the week on Monday, I almost had a heart attack because I thought he managed to grab my idea before I was able to put it up for my own deadline later in the week. Thankfully after reading through it, I learned that his content was mostly different than what I plan to write about this week. Instead of struggling to pick out a specific format I want to sell out of, I (and I can only assume many other Magic enthusiasts out there) have previously been emotionally conflicted with selling out of cards for a myriad of other reasons.

One of the more frequent mistakes I made as a budding Magic financier several years ago was letting my emotions and desire to show off my “victory” in my trade binder before I had actually made any money in reality. I remember one of the first singles purchases I ever made online with value in mind was pre-ordering two sets of Inkmoth Nexus for $20 each through eBay, on the night that the card was spoiled. My rationale for making the purchase was definitely flawed at the time because of my semi-casual bias towards infect, and my desire to make some sort of infect deck work in standard. I thought that it would be in every single Standard deck ever, and I knew I would be able to flip the second playset that I had purchased with ease at my local card shop that I had recently started attending in the previous months.

By the time the set was released and my cards were shipped to me, Inkmoth had made it to approximately $10 a piece. My years of calculation and planning had finally come to fruition. The first bud of a future Magic finance empire had finally begun. I would take the world by sto- …..

Except, there was one problem. I never actually ended up selling those Inkmoths. Well, I shouldn’t say that was the problem specifically. You don’t need to sell cards to achieve a goal, and I didn’t even sell cards back then: partially because I didn’t know how, and partially because I actually played Magic. However, I didn’t trade the playset of Inkmoths away either. I let them sit in my trade binder for weeks, even during the several requests of “Would you trade your extra set away?” that I was approached with during the first few weeks of the set’s release. Eventually, the hype over the new infect land had faded, the the price moved to reflect that.

Why? Well, I was proud. Those Inkmoths represented a story to me, even though my initial reason for buying them was “I think this card will be worth more by the time it arrives in my hand, and I will be able to get more trade value out of it if I buy now.” They were a reason for my 17 year old self to humblebrag to the other guys at my shop, and a constant reminder to myself that I had made a smart buy every time I flipped to that page in my binder.

The lesson here, if it’s not too visible already, is to remove emotional attachment from your cards when you’re planning on buying them for strictly financial purposes. As Magic players, we tend to have a tough time with this because the cards are tangible, and we can see our rewards in front of us while using cognitive dissonance to shove aside the failures and bad thoughts. We got into this game on an emotional level, and can have trouble separating business and pleasure when it comes to what we’re willing to sell, whether it’s in our personal collection or investment portfolio.

Personally, I’ve been very loose with my goals when it comes to how much money I want to make through my various streams of revenue in Magic. As a broad goal, I would love to just be able to pay for my graduate school degree, and maintain a sizable collection to use as inventory at the same time. Interestingly enough, players who need to liquidate their collection for unexpected life expensive and are selling at a discount are much better at this aspect of goal setting than I am. Some people need to sell specific decks to pay for rent, to buy a car, or help afford a trip to their next Grand Prix. Due to the fact that I’ve been very poor with goal setting and not having any immediate bills to pay, I’ve grown apathetic in how many cards I currently have listed on TCGplayer, my Facebook posts in the buy/sell/trade groups, and buylisting as a whole. With no immediate need to acquire funds, I’ve gotten really lazy when it comes to selling cards.

Goals in Goal Setting:

smart-goals-template

If you were forced to go to some sort of goal setting orientation at a job, school, or something else, you’ve probably heard of SMART as an acronym for determining goals that you can stick with, instead of just saying something vague like “I want to sell Magic cards and make money” as a goal.

You’re going to want a particular exit price in mind when you buy cards with the intent to sell. If I buy 5,000 copies of Seance, I need to be immediately ready to sell them (emotionally and physically) if I pick $.50 as my buylisting sell point. I don’t recommend picking a spec and saying to yourself “I’ll sell this when it goes up.” When I bought into He Who Shall Not Be Named, I chose $6-7 as my price point that I would sell out at, after buying in at $3. It can help to write down your projected sell point on the sleeve of the card so that you don’t forget in the long term.

Be firm, and stick to the decision you made a year ago, if and when the card actually reaches that price point that you picked when you purchased it. If you bought into Snapcaster Mage at $35 in late 2014 and decided you would sell at $60, then you need to be steadfast and hold yourself to that number, or else you risk the demand for the card declining over the next several weeks and days. (Yes, I get that Snappy peaked at $80 or something ridiculous, but it’s one of the exceptions to the rule)

Screenshot 2015-11-25 at 7.21.39 PM

Going back to the “paying for a college degree with Magic cards” goal a few paragraphs ago, I’ll use myself as an example for how a more specific goal would help encourage me to list more cards at a time and keep a more constant flow of income happening, instead of just relying on the local players who irregularly ask me to piece together decklists for them.

If I pick a more specific, measurable, and achievable number for a month’s worth of TCGplayer sales, I’ll be able to constantly keep track of where I am in my goal, instead of just guessing on the vagueness of an unclear finish line. To start us off, I’m going to try and have 150 TCGplayer orders in the month of December. If I really work towards it and start listing a larger portion of my collection, this is almost certainly a realistic number for me to achieve, as it boils down to 5 orders a day. Depending on where we end up at the closing of 2015, we can increase or decrease that number based on how close my estimate is to my real potential.

End Step

Having a personal goal to stick to that’s specific, measurable, achievable, and time-bound should help to increase my personal productivity, and remove some of the emotions from the equation to help me focus entirely on the business aspect of Magic. Even now, there’s still a lingering emotional satisfaction when I buy a collection, sort everything out, and have the pile of all of the relevant and listable stuff on my desk. Sometimes it takes me much longer than it should to actually incorporate those new assets into my existing inventory, simply because the cards are tangible in front of me, and the changes in numbers for my bank account are much less so. Here’s to hoping that I manage to fix this personal problem, and help you set some goals in Magic finance as well.