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?
wheeler

Showing 6 responses by wheeler

There you go. That's a good perspective and exactly the strategy I'm talking about. I'm wondering what specific products narrow the 15% to 10% or 5%
Krell and Levinson SS Amps make sense.

I've mentioned and am leaning toward the SCD-1 (maybe the 777es). These things sell within an hour of posting. Also, its such a beast of a player for $2000 and it has already come down quite a bit from $5000.

One thing though is that the risk increases a bit with speakers like the Avalon Eidolons. You could easily lose a couple grand in a year on those I would think. Perhaps the optimal price range for this "free ride" strategy might be more in the 2500-5000 range for each component.
Yah!

Let's not get too caught up on the philosophy though, we need some nominations.
Sean- nice suggestions on the tube gear and I think I would enjoy those very much. I'm running Cary 2a3 monos now. Any more specific models?

Your last paragraph throws me off. I'm not looking for "bag for the buck" I'm looking for "big bucks that won't bust"

Circuit City???
I suspected vinyl. I have no experience there, but the I've seen that the 80s LP12s and the like are still commanding a lot of respect.
Perhaps the title threw off my intention for this thread. I wasn't actually suggesting that you could make money in this hobby buying and selling.

What I meant was that I like the fact that I can pick up a used pair of De Capos for $1500 and sell them for $1500 a year later. I enjoy them and they actually cost me nothing except for shipping. Maybe I sell them for $1400. Oh well. If you take this up another level it becomes interesting in that I can enjoy some $5000 amp bought used and sell it later for about the same thing.

I'm looking for items that are particulary strong in this regard. A place to "put" my money and take it out later if I want easily enough.

TTs seem like they fit the bill well. What else? Maybe some power cords?