“I want you to take a percentage of your profits each month… 5%, 10%, 15%, whatever, and set that aside for business retained earnings”
DR
Dave Ramsey
The Ramsey Show ·
Big Matt · The Sports Card CEO Podcast · Episode 2, S3: Big Matt x Little Matt Q&A | Navigating The Sports Card Market, Grading, and AI
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Buy one vintage 1953 Topps Mickey Mantle PSA 3 each month using all monthly profit
$150,000 profit doubled to $300,000; 36 cards over three years
“I want you to take a percentage of your profits each month… 5%, 10%, 15%, whatever, and set that aside for business retained earnings”
“That means, okay, this one probably has a better shot than 90% of the other ones. So you go buy it at $1,700. You crack it. You send it to PSA. They give it a $10, $6,500 card.”
“A Steph Curry Tops rookie, that card needs to be like a PSA 10 is four times more than a PSA 9.”
“They give back all the profits each year, and they start over again with about $10 billion.”
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