p.2 #1 · 7% live.com cash back at Jr.com - 5dII anyone?
AnthonyRhoades wrote:
I pretty much agree with this-^
Also, with inflation and prices on everything going up up up, I wouldn't bank on any big discount anytime soon. The camera is still red "hot" as far as demand goes.
With the stock market still in total meltdown mode, it is only a matter of time until these sales dry up. Another wave of mass layoffs (Microsoft, IBM) today only continues to cement the downward spiral of the economy.
p.2 #2 · 7% live.com cash back at Jr.com - 5dII anyone?
AnthonyRhoades wrote:
I pretty much agree with this-^
Also, with inflation and prices on everything going up up up, I wouldn't bank on any big discount anytime soon. The camera is still red "hot" as far as demand goes.
This is actually wrong, inflation is going DOWN and so are prices. Relatively small, controlled inflation is a sign of a healthly economy. When inflation flares up too far there are quite a few possible ways to deal with it, but when deflation really takes hold it is very difficult for a government to prevent it. That's why the digitalbean is on the right track. Right now we need consumers to spend money responsibly if they can afford it. the last thing we need is for people to 'lay off' the spending in fear of what may be next.
p.2 #3 · 7% live.com cash back at Jr.com - 5dII anyone?
Travis Biggs wrote:
This is actually wrong, inflation is going DOWN and so are prices. Relatively small, controlled inflation is a sign of a healthly economy. When inflation flares up too far there are quite a few possible ways to deal with it, but when deflation really takes hold it is very difficult for a government to prevent it. That's why the digitalbean is on the right track. Right now we need consumers to spend money responsibly if they can afford it. the last thing we need is for people to 'lay off' the spending in fear of what may be next.
A VERY prudent rule of thumb is to have at least 6 months living expenses saved up. 99% of Americans arent even close to this. I am stopping ALL spending that isnt absolutely mandatory until I have more than 6 months living expenses saved up. My time spending on photography is over for quite some time.
p.2 #4 · 7% live.com cash back at Jr.com - 5dII anyone?
^You're right, 99% of american's aren't even close to 1-month of savings. me included.
I don't care about having 6 months worth of savings. I live for the 'now'. That being said, I have zero CC debt and only purchase that which I can pay off immediately. I have very little debt overall. Learned my lesson in college about CC's, which seems to me what most of our country is built upon...borrowed money.
And I never buy gear right away. Always wait for the first price drop or at least 6 months while others have had time to thoroughly test things for me. At which time I usually figured out that I really don't need that new item anyway.
p.2 #5 · 7% live.com cash back at Jr.com - 5dII anyone?
Nowhere Man wrote:
^You're right, 99% of american's aren't even close to 1-month of savings. me included.
I don't care about having 6 months worth of savings. I live for the 'now'. That being said, I have zero CC debt and only purchase that which I can pay off immediately. I have very little debt overall. Learned my lesson in college about CC's, which seems to me what most of our country is built upon...borrowed money.
And I never buy gear right away. Always wait for the first price drop or at least 6 months while others have had time to thoroughly test things for me. At which time I usually figured out that I really don't need that new item anyway.
Wait until you have a mortgage and then have to watch your life savings get wiped out. I am seeing this happen to several of my friends at work who, because they did not have 6 months savings, are watching far far more money go up in smoke as their house is repo'ed.
p.2 #7 · 7% live.com cash back at Jr.com - 5dII anyone?
Thanks everyone for the feedback! It's nice to be able to ask others what their experiences with online sellers have been. I definitely don't "need" the camera right now, just would LOVE to have it. I see both sides of the buy now or wait argument. I'm somewhere in between the live in the moment and plan for the future kind of person. Decisions, decisions...
p.2 #8 · 7% live.com cash back at Jr.com - 5dII anyone?
In regards to inflation and prices going up. The dollar is hurting and has been hurting for awhile now, and the economy sucks. Manufacturers of camera equipment have been raising prices for months. Whether or not you see this as inflation, and by definition I suppose it's not, but prices are going up on manufactured goods made here and abroad. This is the truth, one need only look around and compare prices from this quarter to last.
p.2 #9 · 7% live.com cash back at Jr.com - 5dII anyone?
AnthonyRhoades wrote:
In regards to inflation and prices going up. The dollar is hurting and has been hurting for awhile now, and the economy sucks. Manufacturers of camera equipment have been raising prices for months. Whether or not you see this as inflation, and by definition I suppose it's not, but prices are going up on manufactured goods made here and abroad. This is the truth, one need only look around and compare prices from this quarter to last.
Ummm, you may want to take a closer look at foreign exchange. The USD has gained a lot of strength the last few months. As the economic crisis has spread around the globe, its the Euro, the Australian Dollar and the Pound (along with many other currencies) that have lost a lot of value against both the Japanese Yen and the USD. The Canadian dollar has tanked largely because of the fall in oil prices. However, against the Japanese Yen the USD has also lost value (now about 10%). This is the reason Japanese manufactured goods have been increasing in price everywhere, but they're increasing in price much more in other parts of the world than in the US.
