Brexit Opportunity

Mods please accept my apologies if posted in the wrong area.

No political comments please!

Just an opportunity to purchase from our UK vendors (Connaught, trad shaving shops) today. Exchange rate lowest since 1985.
Busy day for me at Fidelity, we are all in a bit of a shock!

The first thing I was thinking after reading this morning's news wasn't "Oh my, world financial turmoil!" Rather it was "Might be a good time to pick up one of those Simpsons Manchurian brushes I've been eyeing."

Never let a world financial crisis go to waste.

Yup, sounds like a buying opportunity for sure.

and I thought I was the only one who thinks shaving first...

(06-24-2016, 03:44 AM)VTMAX Wrote: Busy day for me at Fidelity, we are all in a bit of a shock!

Economic upheavels always have winners and losers. Venezualans are without food because of collapsed oil prices. This thread could get political real fast, but keep it in mind while buying those cheap brushes. We aren't immune.

The potential of this becoming even worse for the British pound is real.

I'd be lying if I said this thought didn't cross my mind shortly after hearing the results of the vote.

The pound's dive (and just about every other currency in the world) may take awhile to correct itself, but I believe it will correct.  The fundamentals are there.

But yeah, I plan on investigating certain shave product opportunities.  Have a few Truefit & Hill products I've been meaning to buy.

Real hope is that the Polsilver's cost will drop significantly...  

(06-24-2016, 11:38 AM)Niemander Wrote: The pound's dive (and just about every other currency in the world) may take awhile to correct itself, but I believe it will correct.  The fundamentals are there.

+1 Agree! If I were a younger dude, I'd look upon this as a buying opportunity in equities, but preservation of principal is paramount, these days.

If I had a roommate  bipolar like modern capital either paramedics or a moving van would be called.

There is nothing so constant in this world as change. Without change, there is no life. Without death, there is no life. Without failure, there is no learning or growth, and progression (along with sometimes grave risk) is only made possible by deviations from the norm.

Capital markets are composed of processes of human action, and as such, are subject to all the ups and downs, evolutions and devolutions, and tumultuous changes that govern all Earthly existence. 

Esoteric practitioners focus on the breath, during meditation; inhale and exhale. We haven't yet figured out how to arrest this process at it's peak, inhaling without exhaling, but soon discover that the one is just as important as the other.

As Britain exhales it's spent breath, deviates from the norm, and prepares for it's own personal evolution, opportunity abounds for those with the foresight to get in on the ground floor.

A rather large purchase from Connaught's was made two months too early for me, but many others are going to get some great deals buying British today; and in the process, giving the newly independent country some well deserved capital growth on the inhalation. Win-win.

Glad you guys are getting some bargains! Interesting times ahead!

The forum is overlooking this was a very close, and contentious vote in the UK. And, like any other the actual result will be determined by tommorows unlived. It does seem poor form to celebrate bargains at other's loss. My lottery ticket only returned my dollar last night. The Rolls Royce remains in Exeter even at a bargain $308250 USD. I will, with luck finally buy that elusive MWF ceramic container and puck next week after paying some overdue debts. I'll buy it from Bullgoose,  keep California tickety boo , shipshape and Bristol fashion.

(06-25-2016, 11:52 AM)kav Wrote: The forum is overlooking this was a very close, and contentious vote in the UK. And, like any other the actual result will be determined by tommorows unlived. It does seem poor form to celebrate bargains at other's loss. 

What is also overlooked is that there was never any public vote or voice that placed the UK in the EU in the first place. It's always good to give the public a choice, even if it is 40 years too late. Speaking of public votes, Britain will no longer be ruled over by unelected bureaucrats in Brussels, and tomorrow's unlived may now have a shot at choosing their own destiny.

Economists always tell us (sometimes without the entire story), that a cheaper currency is better for exports. They devalue the Euro, Yen, Yuan, and Dollar, and every time they do, it boosts business and manufacturing, creating jobs, and making the country as a whole richer in capital accumulation. At the same time, the buyer gets a great deal.

Cheers for us, and the Brits! 

(06-25-2016, 11:52 AM)kav Wrote: The forum is overlooking this was a very close, and contentious vote in the UK. And, like any other the actual result will be determined by tommorows unlived. It does seem poor form to celebrate bargains at other's loss. My lottery ticket only returned my dollar last night. The Rolls Royce remains in Exeter even at a bargain $308250 USD. I will, with luck finally buy that elusive MWF ceramic container and puck next week after paying some overdue debts. I'll buy it from Bullgoose,  keep California tickety boo , shipshape and Bristol fashion.

I agree, and I sincerely hope that my initial post didn't sound celebratory to anyone, especially our brethren on that side of the pond. It's more like, I was trying to find a silver lining in what appears, at least to some, to be a bit of a rain cloud. It'll be nice to have slightly reduced prices on goods from the UK, and the extra sales, at least in the short term, should be good for UK merchants. Everything else is far beyond comprehension for my monkey-brain. My only humble hope is for world peace and an end to all of mankind's suffering for everyone.


Besides, I'll have to do some research, but I seem to recall hearing that here in the United States, we are set to have a somewhat spirited vote in the not-too-distant future. You know what they say about people in glass houses...

(06-27-2016, 08:32 AM)chamm Wrote:

(06-25-2016, 11:52 AM)kav Wrote: The forum is overlooking this was a very close, and contentious vote in the UK. And, like any other the actual result will be determined by tommorows unlived. It does seem poor form to celebrate bargains at other's loss. My lottery ticket only returned my dollar last night. The Rolls Royce remains in Exeter even at a bargain $308250 USD. I will, with luck finally buy that elusive MWF ceramic container and puck next week after paying some overdue debts. I'll buy it from Bullgoose,  keep California tickety boo , shipshape and Bristol fashion.

I agree, and I sincerely hope that my initial post didn't sound celebratory to anyone, especially our brethren on that side of the pond. It's more like, I was trying to find a silver lining in what appears, at least to some, to be a bit of a rain cloud. It'll be nice to have slightly reduced prices on goods from the UK, and the extra sales, at least in the short term, should be good for UK merchants. Everything else is far beyond comprehension for my monkey-brain. My only humble hope is for world peace and an end to all of mankind's suffering for everyone.


Besides, I'll have to do some research, but I seem to recall hearing that here in the United States, we are set to have a somewhat spirited vote in the not-too-distant future. You know what they say about people in glass houses...

Hi

Im in the UK and your comments seemed fine to me. If I were you, I'd be picking up some bargains too! Why wouldn't you?

There are lots of great Artisan soaps at the moment too, so my advice to you all is "fill up while the going is good" and I'm sure no Brit would have an issue with that!

:-)

Matt

My dream Rolls Royce is down to $295,000 USD today. The Inverness cape I've wanted in tweed $950 but Lagavulin is holding steady @ $75 + CA sales tax. I have my lottery ticket for tomorrow night. I am not immune to this opportunity, just don't want to lose any civility represented by said items. I did manage a family size bar of Kendall's mint cake with my accumulated points last night.