Day: October 18, 2023

Wed. Oct. 18, 2023 – the dog ate my icecream…

Cool, or even cold to start the day, then warming later. Yesterday went from 48F to mid 80s. CLear for the next few days too, according to the national forecast. Very pleasant to be outdoors.

Did some stuff at my desk, then got out and got some stuff together for the auctioneer. Took me so long to find the stuff that I missed the close of business. Now I have the stuff on the truck, ready to drop off later today. I want to move as much stuff as I can before people’s buying shifts into Christmas buying. Big picture, I want to sell as much as I can while people still have the money to buy it.

Today I’ve got some auction pickups after I do my drop off. Looking at the invoice, a fair chunk is cookies. That’s followed by makeup/beauty supplies. That stuff is crazy expensive to buy at retail. The rest is household stuff, or for the BOL.

I’ve already begun pulling back, so I figure others must be too. I am not even bidding on stuff I’d have gone after a year ago, if it is far away, or the pickup terms are onerous. I’m dropping out of auctions at lower amounts than I might have last year too. I’m still winning lots, so others are dropping out even earlier. All this is to say that I’m seeing a tightening in spending that is probably more general and widespread if it’s affecting even super bargain shoppers.

It’s also an opportunity. If people are reluctant to spend, the prices will come down and someone who has money and the desire to spend it will be able to get some great bargains. Some good stuff will be selling at fire sale prices. Great news if you’ve got the scratch.

Stack it while you can.

nick

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