Poll - The Stock Market and Vintage Sales

[jethrod3]

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]

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.

[1952boyntoncollector]

i recall it not having any impact at all during the months of the covid crash and people asking about it on this forum during the crash.

[BioCRN]

Originally Posted by 1952boyntoncollector

i recall it not having any impact at all during the months of the covid crash and people asking about it on this forum during the crash.

The COVID crash lasted a couple months at best then the market started giving away money hand over fist.

A good amount of middle class became upper middle class and a good amount of the rich got very rich.

People with 60/40 portfolios were kinda treading water and though safe, didn't really cash in on the situation.