I’m of the same thought. If the comic market takes a dive, likely everything is having a rough go…how
Much your comics are worth may be the least
Of your worries.
I stick to the buy it low, sell it high…and used the funds from selling high to buy more low…I pretty much am buying from sales profits now. It’s a good
Place to be should a recession hit for myself.
Some shrooms I guess would be optimal. Lol.
I pay for all my comics and monthly bills from the same $100 that has been flipped with profit 1400 times.
It’s coming…
Get your cash ready!
My 401k has already taken a hit since April 1.
I cut my holdings by more than half since March to lock in profits. Staircase to hell is still painful to see for the other half. Thinking about dumping money into short term (3-6mo) CDs and buying into the market later.
My comic purchases in the last several months have been cut so severely that I am purchasing maybe 10 new comics per month and roughly 2 - 3 “older” keys per month.
Even the quantity of grading submissions is down a bit.
I have to believe that some percentage of hobbyists are losing their disposable cash (or at least “feel” as if they are losing it) and that pretty much tells the tale for the impact on sales also
I pulled a big chunk out of my Federal Government retirement plan. Bought gold and silver with a large portion of it. I really feel for those who already struggle. Price of gas, price of groceries, price of home energy bills and home taxes…so impactful. Tough times.
From a comic perspective, I foresee a hell of an implosion for some of these shops/dealers who rely on folks spending silly money on exclusives and all that stuff (and of course just your regular ole weekly books).
Yeah, I’m down to TMNT (eastman), Slumber, Grim, and a few cover buys. Almost not worth it for me anymore with rising costs.
It’s a good time to buy, not sell. I want to see the market take a little more of a hit and then load up on a few companies who I feel really strongly about. If the war would end I think that would do wonders for the world almost overnight.
I may start loading up after next quarter earnings for mega companies.
I’ve actually cut out Wednesday releases and got in to some Kickstarter stuff. There’s some intriguing projects out there.
Yup I’ve switched to more silver/bronze keys and issues for the last month or 2.
Any recession will be brief. Their is so much pent up demand for large ticket items that any semblance of an inventory with continued job growth will be a liftoff for the economy.
There will surely be some good buying opportunities if you have the disposable income to burn.
Comic prices have pulled back way before the stock market…
Crypto and NFT markets also have caused pain. Luna and Terra stablecoin debacle has thrown a wrench in those markets. And Tether which they say helps prop up Bitcoin keeps on bleeding market cap in the Billions while their CTO says we can’t tell you our secret sauce.
The Robinhood weekly options traders most have blown up cause buy the dip works in bull markets not in bear markets… HOOD trading volumes way down last earnings report they said.
A whole generation of investors burned Ala 1999-2000. Those people didn’t comeback to invest for like a decade. So the WSB Apes that blew up will be back way later on in life.
Store variants are like the Crypto markets in comics. Tick tock…who’s gonna but these when times get tougher?
But hey a rare Benz did sell for $155mill.
Guess comes down to buying blue chip investments for the long run vs what a YouTube/Redditt/App tells me to buy 
PS Tosin is the next Miles buy them up… I kid!!
Yup either way, we are coming into some great buying opportunities soon boys as long as you have some liquid. Gear up for buying season soon!
ETA Nick did a recent video that caught my attention from last Comic Link auction a ton of slabs unsold even as low as $31… talk about supply with NO demand… slab books that are worthy not just because it came out Wednesday.
