Forget Stocks and NFTs, and Buy Sneakers

Published by
The Street

By Veronika Bondarenko Many rare sneaker models can resell used for five figures. If the word sneakers brings up images of the beaten-up shoes you wear to the gym, you probably won’t think of them and investment in the same sentence. Better think stocks, bonds or even NFTs if you’re looking for something particularly volatile. But sneaker collecting, or securing extremely rare shoe models and selling them at a profit, is lucrative if somewhat niche business — a number of in-demand kicks regularly sell for five figures. “Streetwear has exploded in popularity over recent years with collectors an…

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