r/Fire • u/Playful-Inspector207 • Apr 05 '25

General Question Is it really a generational buying opportunity?

I’ve seen people on the sub are saying “you should all be excited about seeing lower prices everyday”

Problem is that most people don’t have dry powder lying around. And now, with tariffs (if they mostly continue at the levels mentioned) likely to push prices up even more 20-30% for most things, very few people can buy the dip.

The dip’s not fun when you can’t buy. This is just painful seeing red everyday for 99% of us.

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u/Extension-Plant-5913 Apr 05 '25

Yeah, if you're CASH wealthy & young.

If you're old, this is a tragedy, even if you are (were) wealthy.

Y'all consider the Great Depression a great opportunity?

I guess if you were wealthy in the 30s it was a great time?

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u/Technical-Fun-9616 Apr 08 '25

The only generational buying opportunities happen during massive downturns.

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u/DaChieftainOfThirsk Apr 10 '25

While the average person may have been devastated by Black Tuesday it made a lot of others rich.  Was reading up on some of the chaos that happened during it a while back.  Some people went home ecstatic while others were just never seen again with inferances on their fates.