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View Poll Results: Do the stock market losses play into your vintage buys?
Yes 89 25.00%
No 218 61.24%
Sometimes 49 13.76%
Voters: 356. You may not vote on this poll

 
 
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  #14  
Old 03-11-2025, 09:46 AM
Ronnie73 Ronnie73 is offline
Ron Kornacki - Uncle Nacki
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Join Date: Sep 2011
Location: Connecticut
Posts: 1,019
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I voted no. Mainly because my card spending money comes from a completely different source. Personally I think the stock market is finally starting to adjust to it's true market value. There's been way too many gains over the last 9 years that just don't match up to the surrounding income and expenses, along with the value of the dollar. I could agree with the reason of the previous few years of market gains to equal or match the adjustment of inflation and what a dollar bill can currently buy you in real life.

For example, Say our dollar is worth a dollar and can buy you a dollar's worth of items. While at the same time, say the stock market is at 30,000. If the dollar loses half of it's buying power due to inflation and the over printing of money. I would also expect the stock market to increase to 45,000. Now that increase of the stock market looks great, and people are making nice dividends, and feeling good about that stock market price. But the reality is the stock market increased by 50 percent, only because the dollar value and buying power decreased by 50 percent.

This is obviously just my opinion, and simple math.
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Ron - Uncle Nacki

T206 Master Monster Front/Back Set Collector - www.youtube.com/unclenacki
T206 Basic "The Monster" Set 514/524
T206 Advanced "Master Monster" Front/Back Set ????/5258
COMPLETE T206 BACK SUBSETS
Old Mill Southern Leagues - Black Ink 48/48
Sweet Caporal 350-460 Factory 30 Full Color "No Prints" 28/28
NEAR COMPLETE T206 BACK SUBSETS
Polar Bear 245/250
Sovereign 460 50/52
Sweet Caporal 150 Factory 649 Overprint 31/34
Piedmont 350 "Elite 11" 9/11

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