Comments on: With the Holidays Comes Reason to Have Confidence http://technosailor.com/2008/11/30/with-the-holidays-comes-reason-to-have-confidence/ Web Technology and Real Life Merge Thu, 18 Mar 2010 02:16:34 +0000 hourly 1 http://wordpress.org/?v=3.0-alpha By: Vaish http://technosailor.com/2008/11/30/with-the-holidays-comes-reason-to-have-confidence/comment-page-1/#comment-248468 Vaish Mon, 01 Dec 2008 02:31:50 +0000 http://technosailor.com/?p=6979#comment-248468 Though am not in the US, I do understand the concept of "Black Friday" from my cousin who lives there. And I don't have to see the reports on the sales to grasp the sunny side:) Without reservation, I can vouch that "good feeling and vibes" can see us through any tough period. Unless I read the predictions of the economic gurus, I don't feel the pinch on recession. In fact, I kept wondering how this can be true, when I see shoppers with hand full of newly purchased items in shiny plastic bags in the crowded shopping malls. Now, I can see like minded people here. Though am not in the US, I do understand the concept of “Black Friday” from my cousin who lives there. And I don’t have to see the reports on the sales to grasp the sunny side:) Without reservation, I can vouch that “good feeling and vibes” can see us through any tough period.

Unless I read the predictions of the economic gurus, I don’t feel the pinch on recession. In fact, I kept wondering how this can be true, when I see shoppers with hand full of newly purchased items in shiny plastic bags in the crowded shopping malls. Now, I can see like minded people here.

]]> By: johntindale http://technosailor.com/2008/11/30/with-the-holidays-comes-reason-to-have-confidence/comment-page-1/#comment-248467 johntindale Sun, 30 Nov 2008 20:40:16 +0000 http://technosailor.com/?p=6979#comment-248467 It really is about perception, and it amazes me how people will hold their money and resources to wait and see what everyone else is doing! If I'm going to buy gifts for friends and family, I'm going to do it regardless of what everyone else is doing. The real trick is to see what the market does on Monday. It really is about perception, and it amazes me how people will hold their money and resources to wait and see what everyone else is doing! If I’m going to buy gifts for friends and family, I’m going to do it regardless of what everyone else is doing.
The real trick is to see what the market does on Monday.

]]> By: enriqeutat http://technosailor.com/2008/11/30/with-the-holidays-comes-reason-to-have-confidence/comment-page-1/#comment-248466 enriqeutat Sun, 30 Nov 2008 20:20:09 +0000 http://technosailor.com/?p=6979#comment-248466 I appreciate your optimism, I will go a step further to say that actually to buy during uncertain times should be a well thought out process. Once you begin the purchase of anything based on feelings then you swell with the waves of the ups and downs. One thing our Pastor talks about that gives me the confidence is that when we steward our lives based not on our feelings but on a condition outside of them( for me that is faith) we have an ability to let go of the "obsession of doom". Even as the harbingers of mounting news saids it's all over, I can say with confidence, no it's not. It was not over for my grandparents who lived on nothing...it's all about perspective. So why not enjoy the season but remember your hope is not in anything you can purchase... I appreciate your optimism, I will go a step further to say that actually to buy during uncertain times should be a well thought out process. Once you begin the purchase of anything based on feelings then you swell with the waves of the ups and downs.

One thing our Pastor talks about that gives me the confidence is that when we steward our lives based not on our feelings but on a condition outside of them( for me that is faith) we have an ability to let go of the “obsession of doom”. Even as the harbingers of mounting news saids it’s all over, I can say with confidence, no it’s not.
It was not over for my grandparents who lived on nothing…it’s all about perspective.

So why not enjoy the season but remember your hope is not in anything you can purchase…

]]> By: Jackson Miller http://technosailor.com/2008/11/30/with-the-holidays-comes-reason-to-have-confidence/comment-page-1/#comment-248463 Jackson Miller Sun, 30 Nov 2008 17:43:18 +0000 http://technosailor.com/?p=6979#comment-248463 The iPod Touch is a really interesting example. For some people it is a luxury good that was on sale for the cheapest price ever. For others the iPod touch is a cheaper alternative for people who were thinking about buying an iPhone for a gift (in that there are no continuing service fees). But I do agree 110% that the economists have no idea what is going on. The iPod Touch is a really interesting example. For some people it is a luxury good that was on sale for the cheapest price ever. For others the iPod touch is a cheaper alternative for people who were thinking about buying an iPhone for a gift (in that there are no continuing service fees).

But I do agree 110% that the economists have no idea what is going on.

]]> By: Aaron Brazell http://technosailor.com/2008/11/30/with-the-holidays-comes-reason-to-have-confidence/comment-page-1/#comment-248462 Aaron Brazell Sun, 30 Nov 2008 17:21:43 +0000 http://technosailor.com/?p=6979#comment-248462 Great question. No I think people have to have a realistic outlook, but at the same time, AAPL stocks took a hit awhile ago on the guesstimates of economists that people would stop buying "bling" products and go with more economic deals. The report from Black Friday indcates that the iPod Touch was the hottest selling gadget on Amazon.com Friday, so obviously there is some kind of disconnect from reality. Great question. No I think people have to have a realistic outlook, but at the same time, AAPL stocks took a hit awhile ago on the guesstimates of economists that people would stop buying “bling” products and go with more economic deals. The report from Black Friday indcates that the iPod Touch was the hottest selling gadget on Amazon.com Friday, so obviously there is some kind of disconnect from reality.

]]> By: Jackson Miller http://technosailor.com/2008/11/30/with-the-holidays-comes-reason-to-have-confidence/comment-page-1/#comment-248461 Jackson Miller Sun, 30 Nov 2008 17:17:48 +0000 http://technosailor.com/?p=6979#comment-248461 Question: Does "hope" trump "debt"? It feels good to spend money, particularly at Christmas time. But I do think we have become a nation of over-consumers. That can only last so long before it catches up with us. Now, on the flip side, we are not all broke and destitute. If you have money now can be a great time to pick up some good deals, especially on stuff you were going to buy anyway. I just am not sure the average consumer is getting great deals yet. Which begs the question, if consumers were getting great deals (say 15% off) then they would have to be buying over 20% more (in the value of goods, not price) than they did last year in order to create a 3% increase in spending. Either that or they felt like they were getting good deals but were not. I know there are good deals to be had, but I think they are on recreational / luxury goods. Golf clubs and motorcycles are cheap right now. Kids toys are not. Question: Does “hope” trump “debt”?

It feels good to spend money, particularly at Christmas time. But I do think we have become a nation of over-consumers. That can only last so long before it catches up with us.

Now, on the flip side, we are not all broke and destitute. If you have money now can be a great time to pick up some good deals, especially on stuff you were going to buy anyway. I just am not sure the average consumer is getting great deals yet. Which begs the question, if consumers were getting great deals (say 15% off) then they would have to be buying over 20% more (in the value of goods, not price) than they did last year in order to create a 3% increase in spending. Either that or they felt like they were getting good deals but were not.

I know there are good deals to be had, but I think they are on recreational / luxury goods. Golf clubs and motorcycles are cheap right now. Kids toys are not.

]]> By: Keith Casey http://technosailor.com/2008/11/30/with-the-holidays-comes-reason-to-have-confidence/comment-page-1/#comment-248460 Keith Casey Sun, 30 Nov 2008 17:02:53 +0000 http://technosailor.com/?p=6979#comment-248460 Personally, it pisses me off that these morons are consistently and repeatedly wrong and yet still keep the moniker "expert". If a doctor misdiagnosed patients regularly and gave the wrong treatment, they'd be driven out of medicine. If your mechanic regularly gave you repairs unrelated to your current problems, you'd fight them. And yet these economists - who are predominantly with troubled banks or hiding in academia - still have jobs... And it'd be nice if they actually worked under a set of assumptions that matched with the real world... Personally, it pisses me off that these morons are consistently and repeatedly wrong and yet still keep the moniker “expert”. If a doctor misdiagnosed patients regularly and gave the wrong treatment, they’d be driven out of medicine. If your mechanic regularly gave you repairs unrelated to your current problems, you’d fight them. And yet these economists – who are predominantly with troubled banks or hiding in academia – still have jobs…

And it’d be nice if they actually worked under a set of assumptions that matched with the real world…

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