Paul Mampilly: This is why you should invest in the sneakers market.

It is true that it is not much you can do to change the way you are wired, but you can change your attitude. This is the line of thought that Paul Mampilly has been loyal to ever since he was a student at an Indian boarding school. Paul says that he realized at an early age that he did not have in him what it takes to be a sports guru and dance with the sports superstars. He was the average Joe in cricket, volleyball, soccer, and basketball. View Paul’s profile on Linkedin.

He was however determined to turn his situation around and he, therefore, resulted to train ten times harder than the talented guys. He took practice sessions by the heart and when other kids were finding the easy way out; he was going all the way. He grew accustomed to his hard work and he became a stickler to his schedule and he was the only at the end he turned out a worthy competitor.

This is the kind of attitude and outlook that carried him through his school life and eventually to business. Paul Mampilly is known for his incredible work discipline and ethics as an investor and as an executive manager in all the places he has worked. It is this display for business acumen and investing prowess that his insight about the sneaker market is fodder for any investor in the sports utility market.

Prime time for market entry

According to Paul Mampilly, the market for sneakers in 2018 is warming up for a big boom. He says that ever since twenty years ago when sneakers were categorized as collectibles, the popular brands like the Air Jordan’s and the Lebron’s have seen their value rocket.

Consequently, a number of sneaker collectors and tracking shoes websites like SoleCollector.com have provided a platform for people to make money trading on the sneakers. For instance, if one traded on the Air Jordan 2 Retro shoes, the return would have been 900%. That’s a good return right there! If also one sold Air Jordan 10 Retro the return would have been 426%.

This may sound too good of a deal but Paul Mampilly says it is not out of the blues since the big sneaker manufacturers like Nike, Puma, and Adidas have been killing it, in terms of returns. He adds that these brands are international and are currently at an all-time high and their stocks prices have hit the ceiling.

More about Paul Mampilly

Mampilly is a senior editor at Banyan Hill Publishing and also the founder of Profits Unlimited and Extreme Fortunes newsletters. He holds an MBA in Finance, from Fordham University which he was awarded in 1991. He has also worked for ING and Deutsche Bank. Today he specializes in helping financially average people to identify suitable investment opportunities that will help them when they retire. To learn more about Paul Mampilly, visit: https://paulmampillyguru.com/

 

Leave a Reply

Your email address will not be published. Required fields are marked *