$85,000 Sneaker Collection

[HarlemsOwn]

I love sneakers, but I am smart with my money.

how is he not smart with his money?

since nikkas wanna talk bout it. lets talk bout it

 

[the mechanic]

how is he not smart with his money?

since nikkas wanna talk bout it. lets talk bout it

How much you think he would get back if he sold that collection..im thinking 20-35k

 

[TELL ME YA CHEESIN FAM?]

what bout this fat nikka?

16k pairs?

[ame]http://youtu.be/vxk4pGbYBJU[/ame]

 

[Liquid]

how is he not smart with his money?

since nikkas wanna talk bout it. lets talk bout it

you have JR Smith in your signature and I have seen your posts in here in the past. Talk to someone else.

 

[HarlemsOwn]

How much you think he would get back if he sold that collection..im thinking 20-35k

atleast 30-50k

i seen post on niketalk

 

[HarlemsOwn]

you have JR Smith in your signature and I have seen your posts in here in the past. Talk to someone else.

i expected that

 

[Liquid]

atleast 30-50k

i seen post on niketalk

so going by what he thinks he spent...he just lost 35K on sneakers?

I'm done with this thread

 

[HarlemsOwn]

so going by what he thinks he spent...he just lost 35K on sneakers?

I'm done with this thread

this is why i say that you wont understand if you dont love sneakers

all sneakers that are jordans and nikes and durants and lebrons....for the most part hold value

i could buy a pair of foams at 220. splash in em like 4 times and sell them for 300.

and thats real shyt

if he spent 80 racks on his sneakers then he could sell em back for around 100

i havent seen ALL of his heat

but him being a collector i wouldnt doubt he got some shyt

 

[ThumpDaddy]

what bout this fat nikka?

16k pairs?

Mayor Talks His Incredible 1,600+ Sneaker Collection - YouTube

Man, that is crazy!!! So by his count, if he was to wear a different pair of shoes that he owned everyday, it would take him 4 and a 1/2 years before he wore the same shoe twice

 

[Trajan]

Lol @ some of the people tryna justify this. You have a 30+ year old man who has spent over a decade throwing all his money and energy into foam and rubber.

You rock kicks...wear them out and keep it moving.


I thank god I don't think like some of you nikkas.

But hey, to each his own. There must be mindless consumers for us hustlas to prosper.

 

[Liquid]

this is why i say that you wont understand if you dont love sneakers

all sneakers that are jordans and nikes and durants and lebrons....for the most part hold value

i could buy a pair of foams at 220. splash in em like 4 times and sell them for 300.

and thats real shyt

if he spent 80 racks on his sneakers then he could sell em back for around 100

i havent seen ALL of his heat

but him being a collector i wouldnt doubt he got some shyt

I have a pretty good collection so I DO understand. You know what I understand more tho? 35K

They are not going to hold their value and earn a return while wearing them.

So let's see he said he started when the dreamcast dropped which was 14 years ago.

85K is about $6,000 per year. $6,000 @ 3% = $180 (Let's say he put away half)
$90x14 = $1,260 per year he would be making at a relatively low return rate

That would be enough to fund almost 9 pairs of high end sneakers for the rest of his life without even working for it and this is not even taking into account the daily interest accrued. I will let you keep telling it how it is tho chief as I am CLEARLY in the wrong here.

 

[the mechanic]

atleast 30-50k

i seen post on niketalk

OK lets settle on 30k..hes lost 55k

If he had lined up for $100 treasury bonds in the 80s till now instead he would have at least $140,000 to $180,000 depending on which ones he bought..that could be turned into cash at any bank anytime

 

[skb1065]

is that a twin bed? this is sad....

 

[HarlemsOwn]

I have a pretty good collection so I DO understand. You know what I understand more tho? 35K

They are not going to hold their value and earn a return while wearing them.

So let's see he said he started when the dreamcast dropped which was 14 years ago.

85K is about $6,000 per year. $6,000 @ 3% = $180 (Let's say he put away half)
$90x14 = $1,260 per year he would be making at a relatively low return rate

That would be enough to fund almost 9 pairs of high end sneakers for the rest of his life without even working for it and this is not even taking into account the daily interest accrued.

I will let you keep telling it how it is tho chief as I am CLEARLY in the wrong here.

what the fukk are you talkin bout

 

[HarlemsOwn]

OK lets settle on 30k..hes lost 55k

If he had lined up for $100 treasury bonds in the 80s till now instead he would have at least $140,000 to $180,000 depending on which ones he bought..that could be turned into cash at any bank anytime

you dont understand the culture

lol you really dont

so its hard to converse with you

he WILL get back what ever he paid for his sneakers

jordans DO NOT sell for less than what they were paid for on release day