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  #1  
Old 02-08-2018, 08:53 PM
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Jason Wells
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No it doesnt influence my collecting in the least. Hopefully things will get better for all affected.
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  #2  
Old 02-08-2018, 09:01 PM
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The recent losses just knocked out gains of the past nine weeks of a nine year bull market. I suspect people will survive.
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  #3  
Old 02-08-2018, 09:01 PM
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Yes for me but only because I work in finance. I had a high bid on a card in a current auction and was just outbid literally right now. If we didn’t have this market vol I would have probably upped my bid. But in light of how the market may impact me and my bids in upcoming auctions, I’m bowing out from the card.

The fact that there was 10 coming of this (find) type in the mile high auction and the current bid also had to do with it. Just let it go......
Last edited by joshuanip; 02-08-2018 at 09:07 PM.
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  #4  
Old 02-08-2018, 09:02 PM
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No impact.
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  #5  
Old 02-08-2018, 09:07 PM
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No impact on my collecting budget.
Last edited by jb67; 02-08-2018 at 09:08 PM.
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  #6  
Old 02-08-2018, 09:08 PM
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Very small collector but I’m technically a stockbroker/advisor and pullbacks have no effect on my budget (as meager as it is).
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  #7  
Old 02-08-2018, 09:25 PM
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It’s always important to have a balanced portfolio. 10% cash 10% bonds 20% stocks 30% cards & 30% comics

It’s also important to dollar cost average, which is why i contribute the same amount to my DraftKings account every week.
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Old 02-08-2018, 09:28 PM
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If nvidia keeps doing well it could increase my card budget temporarily when I decide to sell. For the most part it doesn't change it much one way or the other.
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  #9  
Old 02-08-2018, 09:42 PM
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I've been working in the financial planning business for 25 years. I think, and there's some evidence to back this up, when the market is up, people FEEL "rich" so that affects their buying habits.

During the dot com boom, spending outpaced wages, but people saw their 401k balances - which you really can't get to easily - and spent like mad.
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Old 02-08-2018, 09:45 PM
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Quote:
Originally Posted by Bigshot69 View Post
It’s always important to have a balanced portfolio. 10% cash 10% bonds 20% stocks 30% cards & 30% comics

It’s also important to dollar cost average, which is why i contribute the same amount to my DraftKings account every week.
That’s what I call an uncorrelated low beta idiosyncratic portfolio. Haha
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  #11  
Old 02-08-2018, 11:07 PM
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I don't think so. Certainly not in any substantial way.
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  #12  
Old 02-13-2018, 11:26 PM
Franklin-Basil Franklin-Basil is offline
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Default heck yeah
best time to buy is when the shite is hitting the fan or when people are distracted by the things they get distracted by

especially when there is illiquidity in the resale mkt when compared to bids and asks all day long

there's always someone who needs money now
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  #13  
Old 02-14-2018, 02:16 PM
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Quote:
Originally Posted by Franklin-Basil View Post
best time to buy is when the shite is hitting the fan or when people are distracted by the things they get distracted by

especially when there is illiquidity in the resale mkt when compared to bids and asks all day long

there's always someone who needs money now
The only problem with this is when the shite hits the fan my pile of shite is smaller, so I have less to spend. I do agree about some liquidity in the card market as great cards can be sold rather quickly.

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  #14  
Old 02-14-2018, 02:26 PM
CurtisFlood CurtisFlood is offline
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Zero, zip, nada.
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  #15  
Old 02-14-2018, 03:48 PM
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The stock market has no effect on my collecting.
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  #16  
Old 02-14-2018, 04:02 PM
packs packs is online now
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I guess I just don't see the correlation. What does one thing have to do with the other? More money in the market doesn't translate to more cash on hand unless you're willing to pay an avalanche of fees to buy a Mickey Mantle card. Less money in the market wouldn't affect your cash on hand either. Most investments are long term so a bad month or a bad year shouldn't cause anyone to panic unless an investor is playing the market like some kind of lotto, which I think is a terrible way to invest.
Last edited by packs; 02-14-2018 at 04:05 PM.
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