Poll - The Stock Market and Vintage Sales

MR RAREBACK · #1 03-10-2025, 06:44 PM

The only thing I cut back on is how much I'm spending on food.

mrreality68 · #2 03-10-2025, 06:48 PM

I keep the 2 separate parts of my collection and long term investments

So when the market goes down I actually put more funds into the market and sometimes if it goes down a lot I will take some funds from my card funds and put extra into the market.

I know many people that have funds and when the market is down they actually keep there money in the market so they do not take a loss but they will not put new money into it and look for alternatives places to put the money and collectibles is on such avenue for them.

Peter_Spaeth · #3 03-10-2025, 06:57 PM

....

RhodeyRhode · #4 03-10-2025, 07:24 PM

I would say absolutely especially in the $500-$10,000 range of cards. Above that you can withstand downturns. But in the range people pull back incase they need money not knowing when market will bounce back

Exhibitman · #5 03-10-2025, 10:32 PM

Diversify, Leon; you're way too old not to

jethrod3 · #6 03-11-2025, 01:29 AM

I think the stock market WILL have a bearing on the pre-war card market. Some rare and star cards will always sell well, but I think prices in general will fall if the stock market continues to have more bad days than good, as people deal with real or perceived losses of some chunk of disposable income.

But for me, the stock market might dictate how long I put off retirement but not the buying of cards I need. As I head toward exiting late middle-age (at least on paper, though not necessarily in mind or body), I tend not to stray from a philosophy I adopted when I was firmly in middle-age: Unless I'm completing a set and need a scarce piece for my collection, or a particular card I've always wanted but still have yet to purchase (in which case I might be willing to overpay a bit), I try my best not to buy anything that my wife or kids can't sell the next day for at least around the same price that I paid for it!

Republicaninmass · #7 03-11-2025, 07:45 AM

People are convinced the market just goes up...regardless of the market they are in. I guess just like stocks, it isn't as much timing the market as time IN the market.

I see more and more dealers with the 707 approach. I guess of they can hold a decade or more they will get their price, but be ready for downturn and souring sentiment.

I sold off my 401k to buy cards, during covid sold my cards and went back to stocks and had fun in the process. Long term holding dividend stocks, very light on QQQ , and likely will take large positions in materials and energy here while they are on the canvass.

Leon · #8 03-11-2025, 08:40 AM

Quote:

Originally Posted by Peter_Spaeth

....

Not sure where you got that graph from but it is factually wrong, as far as I can tell.

As for diversifying; hey I went from 1 stock to 2 stocks to 4 stocks. But they are all technology ones

. Buy the dip!

.

Smanzari · #9 03-11-2025, 08:44 AM

Definitely does for me, prime buying time coming soon in a couple weeks!

Cory · #10 03-11-2025, 09:19 AM

Is anyone aware of current card indexes - I know that PWCC used to do a TOP 500, and I've seen someone indexed a t206 set vs. the S&P 500 before (but only for a few years and very old data at this point) - the Vendix - link below. Eyeballing the PWCC top 500 chart through 2018 or so it doesn't look like there is much correlation between stocks and cards.

A nice T206 520 Index would be great - with current and historic values.

https://t206resource.com/Article%20V...206%20Set.html

Peter_Spaeth · #11 03-11-2025, 10:07 AM

Quote:

Originally Posted by Leon

Not sure where you got that graph from but it is factually wrong, as far as I can tell.

As for diversifying; hey I went from 1 stock to 2 stocks to 4 stocks. But they are all technology ones

. Buy the dip!

.

How is it wrong? It isn't wrong.

Leon · #12 03-11-2025, 10:17 AM

Quote:

Originally Posted by Peter_Spaeth

How is it wrong? It isn't wrong.

Maybe I am misreading it?
I guess if you are talking about the day it started, then yes, anything would be an increase (3000%?). Otherwise, it looks like that graph is saying we have record amounts of positive gains, when we don't. The Dow was down by about 10% yesterday, from all time highs. This is more like it, as of today.....(all time high is about 45000)

Dow Jones Industrial Average (^DJI)

Follow
41,502.29
-409.42
(-0.98%)

.

Peter_Spaeth · #13 03-11-2025, 10:27 AM

Quote:

Originally Posted by Leon

Maybe I am misreading it?
I guess if you are talking about the day it started, then yes, anything would be an increase (3000%?). Otherwise, it looks like that graph is saying we have record amounts of positive gains, when we don't. The Dow was down by about 10% yesterday, from all time highs. This is more like it, as of today.....(all time high is about 45000)

Dow Jones Industrial Average (^DJI)

Follow
41,502.29
-409.42
(-0.98%)

.

The point is that history shows that stocks go up enormously over time, and one should not panic over the inevitable downturns and corrections along the way unless one is on a very compressed timeframe for needing the money. For example, the market has more than doubled since the low pandemic point. Of course, I am referring to the market as a whole, not to any individual stocks.

Ronnie73 · #14 03-11-2025, 10:46 AM

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.

View Poll Results: Do the stock market losses play into your vintage buys?
Yes	95	25.33%
No	230	61.33%
Sometimes	50	13.33%
Voters: 375. You may not vote on this poll

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