I have a friend who is an audiophile and is now 80 years old. He told me that if he did not get as audio crazy as he did he would have owned 3 other homes. He mentiooned that he was changing high end speakers 4 times a year, amps pre amps etc... looking for that perfect sound. Though he enjoys the hobby, there does seem to be a tinge of regret in his voice when he realizes he had gone oveboard. My 2 cents worth is spend only what you are willing to lose. If you make money at the end of the day then Great. If not, then you have enjoyed your system with no regrets :)
hifi as investment?
Well sort of. I am just starting out in this hobby and having already exchanged a few used components I bought here and later sold- sometimes for the same amount I paid- sometimes for more-
Seeing this has made me consider the idea that one could approach this hobby's acquisitions as a sort of currency. Considering the ease with which many popular components are sold- SCD-1, De Capos, etc. I have begun to realize that it is possible to approach an expensive system with the rational (if art is not enough) that ridiculously expensive components are just another form of money- a temporary resting place for your reserves (of course this considers purchasing used and at a fair price).
I'm looking for nominations. What components are most depreciation proof once they have taken the hit of being used? I want to rationize an absurd purchase and enjoy my monetary reserves while retaining my safety net.
Does anyone else approach it like this? Used Elrods? Don't get me wrong, I'm doing it for the love of music, but a $15000 system requires some consideration of financial prudence right?
Seeing this has made me consider the idea that one could approach this hobby's acquisitions as a sort of currency. Considering the ease with which many popular components are sold- SCD-1, De Capos, etc. I have begun to realize that it is possible to approach an expensive system with the rational (if art is not enough) that ridiculously expensive components are just another form of money- a temporary resting place for your reserves (of course this considers purchasing used and at a fair price).
I'm looking for nominations. What components are most depreciation proof once they have taken the hit of being used? I want to rationize an absurd purchase and enjoy my monetary reserves while retaining my safety net.
Does anyone else approach it like this? Used Elrods? Don't get me wrong, I'm doing it for the love of music, but a $15000 system requires some consideration of financial prudence right?