The New Stimulus Package !!! 4 4

[VintageComics]

3 hours ago, paperheart said:

IBTL

Only if I post in this thread. 

[VintageComics]

44 minutes ago, crassus said:

Yes I'm probably naïve, but trolling for what exactly? The only thing that hasn't been brought up yet to explain the comic market is astrology and the search for extraterrestrial life...but maybe I'm asking for it... 

I think this is my que to start explaining why the market is the way it is...

[StillOnly25Cents]

9 hours ago, Colin Nash said:

Now with $2000 to spend 

stopped reading here 

[VintageComics]

4 hours ago, mattn792 said:

Last, think of the impact work at home has had on a lot of the still employed's budgets.  Transit, child care, morning and afternoon dining -- just some of the normal work expenses that all potentially went to zero.  Indoor entertainment closed?  More surplus for the household budget.  Dining out options all closed?  Even more.  How many comic collectors saw these benefits to their budget?

This is the right answer.

This and the fact that everyone was literally stuck in front of their computers for the last 9 months.

Good little citizens. 

[kav]

45 minutes ago, crassus said:

Yes I'm probably naïve, but trolling for what exactly? The only thing that hasn't been brought up yet to explain the comic market is astrology and the search for extraterrestrial life...but maybe I'm asking for it... 

Jupiter and saturn conjunction in aquarius means look for the unusual overlooked books to grow in value.   strange adventures, mystery in space etc.

[1950's war comics]

if i get the 2K it's going straight into an IRA

[topofthetotem]

55 minutes ago, crassus said:

Yes I'm probably naïve, but trolling for what exactly? The only thing that hasn't been brought up yet to explain the comic market is astrology and the search for extraterrestrial life...but maybe I'm asking for it... 

 

[lizards2]

15 minutes ago, VintageComics said:

4 hours ago, paperheart said:

IBTL

Only if I post in this thread. 

Roy!

Threadkiller!!!  

[topofthetotem]

[lizards2]

12 minutes ago, VintageComics said:

This is the right answer.

This and the fact that everyone was literally stuck in front of their computers for the last 9 months.

Good little citizens. 

I have actually been living normally. The only difference has been when the bars were closed, we gathered at speak easys.

What has been interesting here, is that when all the covid-clampdown occurred in March 2020, everyone here thought covid had already visited here in December 2019, as droves were pretty ill. Now that they are testing people, they've found....., that a lot of people had it (or at least a strain of it) last December.

[crassus]

15 minutes ago, VintageComics said:

4 hours ago, mattn792 said:

Last, think of the impact work at home has had on a lot of the still employed's budgets.  Transit, child care, morning and afternoon dining -- just some of the normal work expenses that all potentially went to zero.  Indoor entertainment closed?  More surplus for the household budget.  Dining out options all closed?  Even more.  How many comic collectors saw these benefits to their budget?

This is the right answer.

This and the fact that everyone was literally stuck in front of their computers for the last 9 months.

Good little citizens. 

So does this mean when Covid is over and we all have to go outside again that the market is going to crash?! 

[lizards2]

Just now, crassus said:

So does this mean when Covid is over and we all have to go outside again that the market is going to crash?! 

Yes!  You can beat the impending crash by reversing the flow of all those sweet, white-paged, generously discounted, Canadian books, and sell them to me!  

[VintageComics]

1 minute ago, lizards2 said:

What has been interesting here, is that when all the covid-clampdown occurred in March 2020, everyone here thought covid had already visited here in December 2019, as droves were pretty ill. Now that they are testing people, they've found....., that a lot of people had it (or at least a strain of it) last December.

BTW, I got a strike (several actually) for talking about Covid while the Covid thread was locked in the WC.

But I totally agree with you.

it's just common sense. 

 

[Math Teacher]

4 hours ago, mattn792 said:

I've heard more than one person note that they know someone who is making more on unemployment than they were while working prior to COVID, and depending on those recipients' living and financial situation, that could be mean a whole lot more disposable income. 

I was one of those people. I am a retired teacher, but my current job is as a substitute teacher. On average, I earn about $2000 gross a month for subbing. When schools shut down at the end of March, I filed for unemployment. I originally felt guilty about this, but I had a friend that reminded me that I have paying taxes for 50+ years. I received $350 from my state unemployment plus $600 due to the CARES act. So, for April, May, and June, I was earning $3800 gross. I wasn't trying to game the system - I just filed for unemployment because my job went away for three months due to COVID-19. This is something I rarely say, but I don't feel guilty about it.

And I did use this money to enhance my collection. I bought an IH #1 CGC 1.5 with some of this money.

[Buzzetta]

7 hours ago, Mercury Man said:

Is there really a direct correlation between the stimulus check and that factor directly affecting the vintage collectibles market?  My opinion is, it started in March with the crash.  The smartest people in the room, dumped more money on the lows in the market, then were able to increase their investments 30-50% depending on where they put it.   I put some money into the SPDR ETF. Currently my investment is up 52% since March.  I am not talking five figure profits, given the amount I could afford to put in.  But people with way more money than me, can and did do quite well.   That may be where the money is coming from, not $1200 bumps to us common folks. 

There were a few guys that did things like that.

I remember there was a guy in a Facebook group openly mocked for spending his stimulus check on a collectable.   He had said something to the effect that the lockdown can't go on for much longer might as well put the money toward something he received enjoyment out of because he felt he should be back to work soon.

I didn't get one but if I had qualified, I would have used it for essentials.  I like having a rainy day fund.  That's just me though. 

[kav]

2 minutes ago, Buzzetta said:

There were a few guys that did things like that.

I remember there was a guy in a Facebook group openly mocked for spending his stimulus check on a collectable.   He had said something to the effect that the lockdown can't go on for much longer might as well put the money toward something he received enjoyment out of because he felt he should be back to work soon.

I didn't get one but if I had qualified, I would have used it for essentials.  I like having a rainy day fund.  That's just me though. 

I thought everyone that paid taxes got one.

[kav]

2 minutes ago, Buzzetta said:

There were a few guys that did things like that.

I remember there was a guy in a Facebook group openly mocked for spending his stimulus check on a collectable.   He had said something to the effect that the lockdown can't go on for much longer might as well put the money toward something he received enjoyment out of because he felt he should be back to work soon.

I didn't get one but if I had qualified, I would have used it for essentials.  I like having a rainy day fund.  That's just me though. 

and when Buzz says rainy day fund he means it-new roof.

[lizards2]

1 minute ago, kav said:

I thought everyone that paid taxes got one.

There was a cut-off point for NY style incomes.

[Buzzetta]

 

2 minutes ago, kav said:

I thought everyone that paid taxes got one.

 

Just now, lizards2 said:

There was a cut-off point for NY style incomes.

Correct, you had to have made under a certain amount to receive the first one with a depreciated amount for every dollar above the threshold.  Now, if you lived in a state where the cost of living is not as substantial then you easily qualified.   Yes, I make more than the threshold.  However, the cost of living is very high here on Long Island and the NYC area so what is perceived by others around the nation to be a higher income does not go as far as one would think.   Nassau County property taxes are amongst the highest in the nation as is the general cost of living.  I most likely pay more in home improvements than others do.

 

[Poekaymon]

8 minutes ago, lizards2 said:

There was a cut-off point for NY Buzzetta-style incomes.