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Old 01-19-2022, 10:06 AM
slightlyrounded slightlyrounded is offline
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Join Date: Dec 2017
Location: Beautiful BC
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Quote:
Originally Posted by japhi View Post
We are at the peak of a once in a lifetime asset bubble. Don't like these prices, give it some time. Air is coming out of all asset classes I follow and with QE being wound down, no stimulus in sight, and money about to get a lot more expensive, there will be a day relatively soon when all the things we can't afford today will become slightly more affordable.

Thing is, will you or I, in that environment, be willing to part with cash to buy this stuff. If you stock portfolio is down 20 points, your HELOC up 2% and your RE down 15%, you may have a hard time pulling the trigger on a 10K card that used to be 18K. I'm not sure what's coming will be good for the retail investor / blue collar collector.
Agree 100%. An economic environment that necessitates lower hobby prices isn’t exactly something to pine for.
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