(Topic ID: 221074)

How Will The Next Economic Crash Affect The Pinball Industry?

By o-din

5 years ago


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  • 320 posts
  • 78 Pinsiders participating
  • Latest reply 4 years ago by cottonm4
  • Topic is favorited by 4 Pinsiders

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#101 5 years ago
Quoted from o-din:

What do you guys think ended up with more dimples at St Catherine's military school, this hardwood paddle, or my bare ass?

The paddle we got had little holes in it for extra effect!

Ahhh the good old days.

#107 5 years ago

“Thank you sir may I have another”

#131 5 years ago

“Getting by” has a whole different meaning today

My grandparents lived on a farm where they ate what they grew and raised mostly

And they didn’t have iPhones, flat screen TVs, fancy cars or pinball machines

A Tru Ade drink and a moon pie every day was all you needed

My mom and my wife were teachers.

Today, some of these kids are impossible to deal with. Mostly because their whiny parents complain every time their kid gets their feelings hurt

You see it all over youth sports too. Don’t need to look any further than some of these parents and how they act

#148 5 years ago
Quoted from o-din:

Thumbing through this old box of photos, I didn't even know I had one of my old '67 Bronco. Sold that thing 20 years ago.
Check out o-din in the mid 90s.
"Unemployment been berry berry good to me!"

Those Broncos were awesome!

Isn't that Spicoli from Fast times at Ridgemont getting ready for some tasty waves

4 months later
#238 5 years ago

This is why Joe Public always gets destroyed in the market on their own. They let their emotions of fear and greed dictate how they invest.

Why has Warren Buffet averaged almost 20% for the last 40 yrs? Read a few books about his methodology. Actually since 1965 the S&P has averaged 9.7% while Buffet has returned 20.8% annually during the same time period.

Bonds are a terrible investment in a rising rate environment and on pace for one of the worst years in history.

You can buy things like PSA (Public Storage), green today and an excellent dividend, WM (Waste Management) another excellent dividend and well run company. Btw, trash is going away. MKC (McCormick spices) also green today, nice dividend etc. TJX (Home Goods, TJ Max, Marshalls etc.) Dividend and same store sale increasing for the last decade year over year. Walk into one of those stores right now.

That's just to name a few.

Buy great companies when they go on sale and others are in panic mode. That's how you accumulate long term wealth. It's a marathon, NOT a sprint!

#239 5 years ago

And btw, a flattening yield curve of 2's-10's treasuries have predicted a recession 9 out of the last 10 times, the question is when?

Educate yourself and choose wisely.

1 year later
#283 4 years ago
Quoted from CanadianPinball:

Comes down to individuals and it doesn't matter if they have 1 pins or 50.
1) If buying a pin is pocket change to you, you probably have no need to sell or can handle a dollar loss.
2) If buying a pin was a financial risk (whether you see it as such or not) and the rent/mortgage/food/essentials are in jeopardy, selling is in your future
Combine enough #2 scenarios and the prices start to drop. Add more #2 scenarios and the prices will start to drop faster.
Job loss, stock market panic and enough #2 scenarios, prices will be annihilated

Ding ding ding. We have a winner!

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