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  #11  
Old 02-08-2018, 10:25 PM
Bigshot69 Bigshot69 is online now
Adam B
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Itís always important to have a balanced portfolio. 10% cash 10% bonds 20% stocks 30% cards & 30% comics

Itís also important to dollar cost average, which is why i contribute the same amount to my DraftKings account every week.
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  #12  
Old 02-08-2018, 10:28 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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  #13  
Old 02-08-2018, 10:42 PM
silvor silvor is offline
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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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  #14  
Old 02-08-2018, 10:45 PM
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Quote:
Originally Posted by Bigshot69 View Post
Itís always important to have a balanced portfolio. 10% cash 10% bonds 20% stocks 30% cards & 30% comics

Itís also important to dollar cost average, which is why i contribute the same amount to my DraftKings account every week.
Thatís what I call an uncorrelated low beta idiosyncratic portfolio. Haha
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  #15  
Old 02-09-2018, 12:07 AM
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I don't think so. Certainly not in any substantial way.
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  #16  
Old 02-09-2018, 01:18 AM
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Not really. I separate church and state.

Now, renovating my house and upgrading my kitchen has somewhat hampered my buying temptations.
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  #17  
Old 02-09-2018, 09:04 AM
KMayUSA6060 KMayUSA6060 is offline
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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.

Quote:
Originally Posted by pokerplyr80 View Post
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.
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  #18  
Old 02-09-2018, 12:24 PM
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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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Last edited by Leon; 02-13-2018 at 03:37 PM.
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  #19  
Old 02-09-2018, 01:21 PM
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Psychologically...I am less likely to buy when the market is in the pooper...like now.
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  #20  
Old 02-09-2018, 02:11 PM
Rhotchkiss Rhotchkiss is offline
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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....
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