Cbid - Anyone else have a problem?

[Ropey]

Yea I gota problem.

The problem is that I can't think of reasons NOT to buy when the prices are so low.

It would be like seeing auctions where they're selling Porsches for $10,000. Getting that kind of car for that kind of price would essentially demand that you buy it. But soon your front yard is filled with Porsches and your retirement savings is at zero.

[StogieNinja]

Yea I gota problem.

The problem is that I can't think of reasons NOT to buy when the prices are so low.

It would be like seeing auctions where they're selling Porsches for $10,000. Getting that kind of car for that kind of price would essentially demand that you buy it. But soon your front yard is filled with Porsches and your retirement savings is at zero.

Problem with that analogy: Porches have a strong resale value. Good luck trying to get back even what you paid for any of those bargain sticks from cbid if you decide you're tired of them.

If you see something that will hold it's value or something rare at an incredibly low price, there's no real downside and it's hard to say no.

On the other hand, if you see something that's virtually impossible to unload, but is readily available, then it makes sense not to go nuts. Let the retailer hold onto the stock, and keep your cash.