Economic uncertainty affecting your airsoft purchasing?
 

Interesting to know :)

I know the majority of airsofters are young, don't have shares in the stock market, don't have pension plans, don't own property and have a mortgage or any of those types of investments. However, at a time like this I am sure that the proportion of the youth that pay attention to the news may think twice about spending money on airsoft. Maybe? I don't know.

To those of you who have bills to pay and money invested in the finance market, what goes through your mind when you see that tasty AEG that you've always wanted pop up in the BST forum?

Discuss please

I'll buy it, I save for my new toys so it doesn't break the bank.

I can see prices of the china made parts/guns will go up in canada since canadian dollar drops significantly in the past 6 monthes. Last year, 1 canadian dollar can buy 7 chinese yuan, and only 6 chinese yuan now. Next year may down to 5 chinese yuan.

Good idea!

Ive saved my pennies and i am just gettin into airsoft. I just made sure what im gettin doesnt over extend my limits.

Whether markets are up or down, oil is up or down, makes absolutely zero difference to me. People always need my services, and pay, whether they can really afford it or not. Just like plumbers I suppose.

Some guys live big when the oil cash rolls in, but starve when the market sours. I fail to see how people can really barely make ends meet when they make $30K/month, and don't really own anything. But I digress.

I don't care about a couple dollars difference here or there. You pay what you need to get your product and get the job done.

I'm new to airsofts but spending in general, I won't be changing my habits much. I still have an objective to see much of the world and to photograph all that I see. I don't have any investments or assets, just savings. I try to keep my monthlies at a minimum and splurge once in a while but I'm a froogal shopper so I'm always looking for deals. My current earnings brings in between $700-$800 per 2 week paycheck and it should be going up once I get my manager gig, with monthly bill expenditures around $500 (internet, cellphone, car insurance, public transit fare).

My thinking is with the downing economy, I could possibly afford to go to Europe next summer which I've been eying at. That or build a new computer since electronics is guarneteed to drop in price.

Personally with over $3,000 a month going into diversified mutual funds, RRSP's, and on(no stocks yet but maybe later in life) I choose to save when I'm young so that my it's worth more when I get older. I tend to spend alot however I do make quite a bit as well. Between buying bottles of wine, airsoft, volleyball, soccer, and other hobbies I choose carefully what I spend my money on and when but still live for today but remembering I still got at least another 50 left.

The market has and will always go up and down, so never worry.

FYI, the new RRSP plan that isn't being taxed is wicked.

Now is the time to lurk in the buy and sell like a trapdoor spider waiting for signs of weakness!

If you're waiting for ads like "Stocks Tanked - PTWs $500 each", don't hold your breath. :D

I've had money saving habits instilled into me when I was young and I can say that I'm very financially secure relative to most people my age.

I've found that there is a lot of good advice on the internet (and some not so good advice) on financial matters but most of my knowledge comes from the book "The Wealthy Barber" which it seems like there were a lot of people who have read it (that was 2 years ago I think when it was discussed).

I recommend it to anyone. (Also get an ING account if you want to save money, I've found their interest rates are the best for savings accounts). I'm looking into buying mutual funds in the future, and getting a house once the market cools down in Vancouver (my hometown). It looks like the housing starts are slowing down which is an indicator it might go down and in a few years once I'm out of university it should be prime time to pick up a mortgage.

That's true, for that I need to wait for Pvt Vince to change his loadout for the tenth time this year.

Every bank sucks.
Never ever attempt to save money for your future with any bank.
It's useless, like buying a springer to compete with systema's.
Even a conservative mutual fund can get you 6-7%. Mine's at 12% an has a 30 year track record.

How about Economy crashed- PTW's $600? or maybe that's a stateside thing.

No to the original question..... I live in calgary, yes growth is going to slow down out here so we might not be rolling double digits anymore.... OH NO

Mind you if I lived in ontario and I was a member of the auto union, i'd cut me throat

Solution: Invest in airsoft!

Maybe that will keep it's value.

haha, good one. ;)

Just what do you do btw? Feel free to PM the answer. I also know you do a lot of driving... is that just for airsoft games? :D

Doesn't really make a difference to me I own some RRSP's but other than that my rate of pay doesn't change.

I was just saying use savings accounts to save your money but if you actually want to invest mutual funds are the way to go, they're not as volatile as penny stocks or blue chip's but you can sure as hell almost guarantee that you will get a good return over the long run (ie. 20-30 years down the road).

If you're young and have money to invest (like extra money kicking around) I would suggest that you get a super aggressive portfolio for the first few years and slowly get more conservative to a more conservative portfolio. This is what I'm going to do.

Penny stocks are fun to play with and super volatile so if you're up to the risk then pick up a few of those and see if you're right and turn a profit. They'll only go one way (up or down) so make sure you pick the right one.

The only savings account I've ever owned is a Registered Savings Deposit account that acts as a buffer between my chequing acct and Registered mutual funds.

I used to trade regularly with Action Direct, and I recommend many of you give it a try one day.

And I strongly recommend each and every one of you get a Tax-Free Savings Account as soon as they are made available. Inquire with your local bank, or an Investors Group Financial Consultant to find out more. Yes, I work for Investors Group by day, no - not as a Consultant.


Because of frugal planning when I was 18 (and younger), my family and I are in a much better financial position than all of my friends of the same age.


Therefore, no, the recent financial issues in the world have not curbed my spending.

its times like this im glad i have a government job (lifeguard). they will always need me and my salary is contracted, so it wont go down.

CAD to EUR 0.6451€
CAD to USD $0.8798

If your going to just keep your money in the bank, invest in a High Interest Savings account from ING. Essentially, any bank that does not have physical locations(e.g. ING) are able to offer a noticeably larger interest rate, due to lower overhead. I have a whack of money invested in the stock market, in particular GOLD. While gold has grown substatially, the gold companies stocks are not able to reflect that because of the steady downslide due to everyone selling in the low of the market. This is not smart. But really, what can you do... with the market in a low period, in some markets (cough, Oilsands) it is a good time to buy at a low. But enough about our state of affairs...BACK TO AIRSOFT!

Depends on what type of investor you are. But i guess if you have allotted portions of your monthly earnings to investments (paying yourself first), then this market thing won't affect you that much. Even if prices of AEGs go higher (coz you probably have your own already). So I guess, to save a bit, set your weapon to semi or fire at burst of 2 or 3 to save on bbs hehe.... Take advantage of the tax free savings next year (from your savings on bb costs)...

you have NO idea what we're talking about do you?

Have you watched or even touched the news lately?

oh... heh sorry for another sleepless confused post on asc


my mother had $2200 invested in stocks that i had no clue about cuz they keep everything a secret. that is til all the stock market stuff crashed and she had to go meet with a guy about it

If I remember correctly that was an Anarchist terrorist organization in BC back in the 80's.