Is inflation and a potential recession changing your collecting habits? 4 4

[ammar_ammar]

With the cost of everything increasing and stocks (especially tech) going down substantially, how are you modifying your comic book investing? 

[Courageous Cat]

well, for me?  I'm gonna build back better 

oh wait, that won't work. I'll probably hold on my purchases for awhile until the whole SHTF thing is over with although I[ll probably be long gone b4 that happens. My best to all 

Edited June 13, 2022 by Courageous Cat

[Ken Aldred]

I don’t invest. Just a reader.

Couldn’t be less complicated or volatile.

[Beastfeast]

The only reason I even sell comics is to fund PC purchases so If my sales take a big enough hit, I'll slow down on personal stuff.  Otherwise - same old, same old.  

[ThatNerdyCanuck]

It's a catch-22. I wont be buying as much, as it'll be unwise to spend money in this type of economy. On the other hand, other people will be offloading books and prices will be tanking, making it a fantastic opportunity to buy some books. 

[WolverineX]

On 6/13/2022 at 6:18 PM, ThatNerdyCanuck said:

It's a catch-22. I wont be buying as much, as it'll be unwise to spend money in this type of economy. On the other hand, other people will be offloading books and prices will be tanking, making it a fantastic opportunity to buy some books. 

With food prices and gas prices moving up and no end in sight for the war, I'm buying less entertainment . 

[theCapraAegagrus]

I never "invest" in comic books in the first place. All of my stuff could be worthless financially and it wouldn't change a thing for me.

[Brandon Shepherd]

I’ve cut back considerably. I’ve also felt the squeeze of rising comic prices in general over the last few years, often wondering if I’ll soon be priced out of my few niches, such as 9.8 Action Comics from the 70s to 90s and Death and Return of Superman books. 

[Cat]

On 6/14/2022 at 5:57 AM, Ken Aldred said:

I don’t invest. Just a reader.

Couldn’t be less complicated or volatile.

Exactly this. I buys what I likes, and I likes what I buys. 

[Bookery]

On 6/14/2022 at 8:31 AM, Cat said:

Exactly this. I buys what I likes, and I likes what I buys. 

Not me.  I buy what I hate.  Then if I lose it, I don't care.

[MetalPSI]

I've been mostly fortunate because nobody likes what I do

[Iconic1s]

I only collect what I really enjoy and don’t think I’ve ever bought, or had a book graded, just for investment/resale purposes.

Having said that, not a lot has changed for me and comics (my buying has slowed because I need fewer book, not because of anything else), but I do grow more and more worried about things overall… definitely not eating as much steak, or cruising around in the Mini, among other things.

[Galen130]

I have switched to GA bondage and horror slabs and raws, but in moderation.  No more variants, like Spawn #300, TEC #1000, AC #1000, etc.  That kind of chit has become too expensive…I’m no speculator.  I decided that I would rather look for, and buy, unique items…just can’t sell off my Modern collection fast enough to invest as much as I would like.  Probably a good thing… 

[WolverineX]

On 6/14/2022 at 10:41 AM, Iconic1s said:

I only collect what I really enjoy and don’t think I’ve ever bought, or had a book graded, just for investment/resale purposes.

Having said that, not a lot has changed for me and comics (my buying has slowed because I need fewer book, not because of anything else), but I do grow more and more worried about things overall… definitely not eating as much steak, or cruising around in the Mini, among other things.

Yeah,  we have definitely cut down a bit on outside dining

[Tec-Tac-Toe]

I only invest in secure things like Bitconned. Yesterday I made five cents. Granted, I lost six cents before that but, still, ...

[Galen130]

On 6/14/2022 at 9:30 AM, Tec-Tac-Toe said:

I only invest in secure things like Bitconned. Yesterday I made five cents. Granted, I lost six cents before that but, still, ...

FTFY

[Poekaymon]

Mostly stopped buying comics a while ago, not because of recession but because there wasn't much left I wanted.  Still buying the occasional statue and other collectible though, such as games, and I'm not seeing that stuff going down at all, so it doesn't seem like collectors care much about a recession, at least for what I track. 

Also, I'm doing some home repairs/upgrades and I can tell you that stuff is at all time highs, and even at all time high prices, at least around here, it's still extremely difficult to get people to come out quickly (siding installers, for example).  Had a flooring installer tell me they weren't even doing estimates because he was booked through September.  

[Courageous Cat]

On 6/14/2022 at 10:48 AM, Galen130 said:

I have switched to GA bondage and horror slabs and raws, but in moderation.  No more variants, like Spawn #300, TEC #1000, AC #1000, etc.  That kind of chit has become too expensive…I’m no speculator.  I decided that I would rather look for, and buy, unique items…just can’t sell off my Modern collection fast enough to invest as much as I would like.  Probably a good thing… 

stay away from the moderns kid! Haven't the 90's taught u anything/ Sheesh 

[Namtak]

The 2008 récession was à blessing for canadien collectors but this récession hits us as bad as the united state.....for now at least....

[Galen130]

On 6/14/2022 at 10:10 AM, Courageous Cat said:

stay away from the moderns kid! Haven't the 90's taught u anything/ Sheesh 

Dang…