Does stock market volatility play a role in your hobby budget

[joshuanip]

Originally Posted by Bigshot69

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

[darwinbulldog]

I don't think so. Certainly not in any substantial way.

[Stampsfan]

Not really. I separate church and state.

Now, renovating my house and upgrading my kitchen has somewhat hampered my buying temptations.

[KMayUSA6060]

Of course the market affects my spending budget. Until one or two of the stocks in my portfolio make like Amazon/Google and take off, I'm going to be stuck working for a living, thus limiting my card budget.

Originally Posted by pokerplyr80

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.

VERY nice pre-market pop this morning for you. Gotta love tech stocks.

[Leon]

I think on 4 figure and less cards the stock market doesn't have much of an affect. I am certain it can (and does) on many 5 figure cards and higher. Each person is their own financial situation though and I am sure some high rollers might not have their decision affected.

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[ullmandds]

Psychologically...I am less likely to buy when the market is in the pooper...like now.

[Rhotchkiss]

I have not owned a single stock or tradeable security in years. So the market has zero affect on my card-buying. Interest rates, however, that's another story....