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Will the Financial Market Meltdown Impact Your TF Purchases?

Posted:
Mon Sep 29, 2008 5:15 pm
by Zeds
Subject title says it all.
My answer: YES if it gets worse.
Re: Will the Financial Market Meltdown Impact Your TF Purchases?

Posted:
Mon Sep 29, 2008 5:18 pm
by Sledge
Yes. I'm hoping to buy even more as companies go to the wall and put their stock on clearance.
Re: Will the Financial Market Meltdown Impact Your TF Purchases?

Posted:
Mon Sep 29, 2008 5:24 pm
by Zeds
Sledge wrote:Yes. I'm hoping to buy even more as companies go to the wall and put their stock on clearance.
Well played. Indeed. It has turned into a buyer's market stock wise hasn't it?
Re: Will the Financial Market Meltdown Impact Your TF Purchases?

Posted:
Mon Sep 29, 2008 5:44 pm
by robofreak
I just made my last big purchase for a while. I've got a Voltron and Encore Sky Lynx sitting in my BBTS PIle of Loot and am waiting on my City Commander preorder to arrive.
I've only been picking up stuff that's on sale as most of my money needs to go towards gas to get me to school. All the money I earn from work has als been going into savings instead of the next cool TF. The economy has kinda forced me to focus my money on school now, but I can still manage the occasional evening out with my friends.
Re: Will the Financial Market Meltdown Impact Your TF Purchases?

Posted:
Mon Sep 29, 2008 6:03 pm
by Chaoslock
Well, my country can't get worse, and if the dollar gets a bit lower, I'll be able to order from USA more.
Re: Will the Financial Market Meltdown Impact Your TF Purchases?

Posted:
Mon Sep 29, 2008 6:27 pm
by Nekoman
Nope, not at all.
When people spend their money right and have an understanding of what’s best for them, nothing bad will become of them.
Re: Will the Financial Market Meltdown Impact Your TF Purchases?

Posted:
Mon Sep 29, 2008 6:42 pm
by Zeds
Nekoman wrote:Nope, not at all.
When people spend their money right and have an understanding of what’s best for them, nothing bad will become of them.
True enough. This is why I am no longer a completist. Outside of not having the space to display everything I could collect I would prefer to purchase those items that are exclusives or VHTF in any new series thus streamlining my purchases.
Re: Will the Financial Market Meltdown Impact Your TF Purchases?

Posted:
Tue Sep 30, 2008 8:24 am
by olokin
It will. I'm expecting credit card rates to go up. But this will actually help me save more money as I resolve to live within my means and no longer leverage my TF buying with card debt. Less money TFs would mean I'll have to spend it wisely and pick only the best TFs I like.
Re: Will the Financial Market Meltdown Impact Your TF Purchases?

Posted:
Wed Oct 01, 2008 12:52 am
by ponycorn
If I can sell my house, that will free up a lot of my cash currently going to mortgage... Now, to sell my house.

Re: Will the Financial Market Meltdown Impact Your TF Purchases?

Posted:
Wed Oct 01, 2008 4:39 am
by Doubledealer93
Re: Will the Financial Market Meltdown Impact Your TF Purchases?

Posted:
Wed Oct 01, 2008 9:05 am
by Nickolai
Oh boy, yes, but not in a way I'd expected.
A relative works for an AIG subsidiary and just retired last year. He basically took his retirement pay and life savings and bought AIG stock with it.
Last month, he had a heart attack when he heard that AIG stock depreciated some 90%. So now we have to pay his medical bill. Ergo, slightly less 'frivolous' purchases for the near future.

Re: Will the Financial Market Meltdown Impact Your TF Purchases?

Posted:
Wed Oct 01, 2008 9:53 am
by Zeds
Nickolai wrote:Oh boy, yes, but not in a way I'd expected.
A relative works for an AIG subsidiary and just retired last year. He basically took his retirement pay and life savings and bought AIG stock with it.
Last month, he had a heart attack when he heard that AIG stock depreciated some 90%. So now we have to pay his medical bill. Ergo, slightly less 'frivolous' purchases for the near future.

OMG that is horrible. Hope he's ok.