2. misc-audio
  3. 1018412580

Does it hurt when you sell at a loss?

I've been into this audio hobby for 30 years, and I am afraid to actually tally up the money I have spent, as well as the money I have lost when I have either sold or traded in equipment. I'm sure there are other hobbies and habits that can cost quite a bit, but I have to wonder, when I see a Linn CD12 up for sale for 11k, does the original owner actually lose 9k in the process. How does everyone justify this behavior, or are we trapped psychologically somehow?
Thanks I would appreciate some feedback.
cody

Showing 1 response by john_l

john_l
782 posts
 
It's not a good thing, but honestly it doesn't bother me much. I lose a couple bucks here and there trying things out. It's a hobby & I enjoy it. It's no different than spending money to take a trip or eating out.

I have had a few situations where I cannot get X dollars for something and I just decide to keep it.
More to discover