(Topic ID: 262969)

Stock Market Crashing affecting buyers

By brobra

4 years ago


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    #11 4 years ago

    I have a 2500 dollar budget to purchase project pins. I have become more discerning in choice. Will the virus affect sales of higher dollar pins? I would imagine a 2-5% drop that correlates with other non-essential luxury items.
    However, stock of indoor amusement items( Netflix, video games, etc) has actually stayed green. Price of pins could actually INCREASE significantly.

    #28 4 years ago
    Quoted from brobra:

    My concern is I feel pins are discretionary, non-essential luxury items. I am currently buying quite a few, and wanted to check with the community to see if any dealers/retailers have seen/felt correlations, I personally feel CV-19 is way overblown, I should probably buy a good index fun now, and more pins later with the $.

    When the baby needs something, the check didn't come in, family suffering a hardship, pins will be the first thing to go (if you don't have a cash buffer). People are asking an arm and a leg for pins, whether those inflated prices hold long term remains to be seen.

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