[Leica] The Markets are Telling you to Buy Leica Gear

[richard.lists at gmail.com (Richard Man)]

So Rei, what are you saying? Buy low, sell high, or buy now, pay later? :-)


On Wed, Oct 7, 2009 at 7:56 PM, Rei Shinozuka <shino at panix.com> wrote:
> Yes. Ceteris paribus, real inflation robs value from the lender (i.e., 
> fixed
> income investor) and rewards the borrower.
>
> However, while inflation might be a problem a year out, I think the falling
> dollar might become the more immediate problem for the Leica buyer.
>
> -rei
>
>
> Ken Carney wrote:
>>
>> Neil,
>>
>> If you believe (as I do) that inflation is going to be severe, are you not
>> better off going into debt for your gear (assuming a fixed interest rate)?
>>
>> Ken
>>
>>
>>>
>>> -----Original Message-----
>>> From: lug-bounces+kcarney1=cox.net at leica-users.org [mailto:lug-
>>> bounces+kcarney1=cox.net at leica-users.org] On Behalf Of Neil Beddoe
>>> Sent: Wednesday, October 07, 2009 10:13 AM
>>> To: 'Leica Users Group'
>>> Subject: [Leica] The Markets are Telling you to Buy Leica Gear
>>>
>>> Anyone trying to justify spending their hard earned cash at the moment
>>> should take note of the gold price which is going up and up. ?Among other
>>> things it's a pretty good indicator of inflation expectations and given
>>> the size of government deficits around the World I'd say it's spot on.
>>>
>>> What does this mean for Leica users? ?It means that prices are likely to
>>> continue to rise and it makes little sense to put off buying that piece
>>> of
>>> kit you've always wanted, especially if are on a fixed income since it
>>> will only move out of your reach later. ?This only works if you've got
>>> the
>>> cash; ?buying on credit is as always a very silly thing to do since one
>>> effect of rising inflation will be rising interest rates.
>>>
>>> I really wanted that Nocilux 0.95 and this is the best justification I
>>> could think of. I hope it works for you too. ?At least if the markets are
>>> wrong (this is not unknown), you'll have some great stuff to take
>>> pictures
>>> with.
>>>
>>> Neil
>>>
>>>
>>> .
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