Investment? Sneakers? Now those are two words you don’t hear in the same sentence often. But I promise you that it is exactly what it sounds like.
As of today, my investment service, which runs a fund consisting of investments made solely in the sneaker market, concluded its first 6-month investing period. We netted a total of 11% ROI, of which 7% goes to our clients. Compare that with the S&P 500’s decline of -9% over the past 6 months in the current unstable economy. Not bad, right?
Sneaker investing is a growing trend, reflective of the opportunity that lies in today’s streetwear resale market.