Would you sell or would you go?

Parent Cafe
41

“@doschicos —your calculations are Capitalism 101. There are other kinds of economic choices.”

How so? I thought I covered other bases with this statement:
“There is a benefit you value above the face value of the tickets that has both meaning and economic value to you. It will vary from person to person depending how much you value the extra cash and how much you value a night with The Boss. At some price you would sell, but for you it might not be the current market price.”

Would be interested to hear your thoughts around it.

42

^You’re right. I skipped that part. I do think there are other values besides economic ones, of course.

43

I agree. How do you monetize some amazing experiences that make us super happy? As the old Mastercard commercials said, priceless. :slight_smile: Of course, that value will vary from individual to individual. I’m not a big fan of Bruce, so it is lower for me than you. We all have a price, however. Sounds like the market price just hasn’t reached your price yet.

44

Anyhow, it’s not up to me. I’m fine with if the buyer decides they’d like the extra cash.

45

I would sell and plan a nice vacation with the money instead. (or several smaller trips)

46

Who knows what I’d actually do? What I’d like to think I would do is to auction them off and donate the proceeds to a charity or fundraiser I would choose prior to the auction. I find that people will sometimes pay many times more than the “going price” when charity is involved which in turn would give me much and long-lasting happiness.

47

Actually, I never would have bought the tickets in the first place, at any price. I don’t get the love.

I do have passes (free) for Lady Antebellum tonight, my niece’s husband is in the band. And I would have paid for tickets to see them!

48

^Why I phrased the question like I did: about an act that is meaningful to YOU.

49

Another interesting wrinkle to think about is say you had tickets to this event or another event that you highly looked forward to attending then you couldn’t attend or your guest couldn’t attend due to a medical reason or something else. You have friends and family, immediate and/or extended, that you know would love to go. Do you give them the tickets or sell them to them at face value or less than market value or do you sell to the highest bidder via the on-line options? I faced this myself in the past 6 months with highly sought after tickets. It was interesting - and made me feel a little selfish - who I was willing to give up the opportunity cost to (child of mine, parent) and who I wasn’t (sibling who I have had issues with in the past, aunt).

50

Actually, I can’t think of any performance that would be worth the loss of thousands of dollars, unless one of my kids were performing.

51

I went on line out of curiosity and saw lousy seats offered at just under 2K and prime seats approaching 4K apiece. Wow!

I saw him at the Stone Pony back in the day. It was amazing.

52

I also got standby for Bruce. If I had those tickets it wouldn’t even occur to me to sell. I’ve seen him several times, and would go again for this new show.

I thought the whole point of the new Verified Fan system was to prevent scalping - I’m disappointed to hear that there is a secondary market for these tickets.

53

What does standby mean in the context of the Bruce tickets?

54

No joke, I had to google to look up who this “Bruce” is.
I would sell the tickets.

55

I’m disappointed too to find these tickets have found a secondary market with such crazy prices. I saw him last year. Wonderful !

56

@mamaedefamilia , were we at the Stone Pony the same night so many years ago?

Grew up in Monmouth county, went to Monmouth college and hung out around Asbury and west end hoping for Bruce sightings.

I’d go. It would be interesting to see Bruce 43 years later.

57

When I started reading the post I got excited thinking is this Bruce?? Go, of course!! I would love to see him in that venue. I wouldn’t think of selling.

58

I would go because we have plenty of money now, more than we need for the rest of our lives. Part of it is using our intelligence and hard work to get to the financial security we now enjoy and another major factor is frugal living. Decades ago I really could have used the money I now have.

Life is a series of experiences. Economics is needing to choose among them. Being too frugal, ie giving up experiences because of the cost, means not enjoying the here and now for the future. But, at our ages the future has arrived. Will using the thousands of dollars for household expenses trump the enjoyment of the event? I doubt it. The person was getting along with the status quo, will a one time infusion of the money really make a difference?

One could argue the other side. What difference does it make if the event is not attended? In my older, certainly wiser years I can look back at my younger self and wish I had borrowed more money now knowing I could have paid off the debt.

Having more money for a kid’s wedding is not for us- we value other things more than the one time party.

I sometimes wonder if my lack of interest in some material things so many take for granted is because I could not afford them when young, clothes/shoes did not come in my size or I value different things (like books). The economy certainly does not survive on my spending habits!

btw who is “Bruce”?

59

I’d lean towards selling unless it’s the artists last performance.

Depends on the family members or friends. If it’s a friend or a family member that I’m very close/friendly towards…especially if they’re fans who I know couldn’t afford to go, I’d be inclined to give the tickets to them without charge…especially if I won them myself.

60

@musicmom This was in the late 80s. He wasn’t the headliner act. He just showed up and then took the mic and performed a set. It was a complete and total surprise! I will never forget it. It would be great to see him again.