Logan Paul auctions off $5.3 million Pokémon card, urging young people to invest more in nontraditional assets: ‘Don’t be afraid to take a risk’

We’ve all heard the traditional advice that the best investments are those made in the stock market, saving in a 401(k), and buying a house. But younger generations have started touting nontraditional investments like buying a Birkin bag or other collectibles as a surefire way to bring in extra bucks. 

Influencer and WWE wrestler Logan Paul recently said going beyond normal investments can be worth it.

“If you’re young, there are ways to spend and invest your money in ways that might mean more to you than in a traditional conservative environment like the stock market,” he said on Fox Business’s “The Big Money Show” on Tuesday.

And Paul has certainly gone down the nontraditional path for investing: He recently put up a rare Pokémon card for auction that he bought in 2022 for $5.3 million. The former WWE United States Champion actually used to wear the card—which he says is “the rarest card in the world” and the “Holy Grail”—around his neck during competitions. The card is a PSA-graded 10 Pikachu Illustrator, and only a few dozen copies exist worldwide. But Paul’s card is the only one to receive a 10/10 grade from Professional Sports Authenticator (PSA). 

Paul said he pla...