How much are you worth ?


I know. I know. It's none of my business. Bear with me. I know people who have $200K in the bank & their system costs
100K. I've also seen people living in dumps listening to 50K systems. So please tell me. What is your limit? How far will you go? If someone has $100, how much does he/she have to spend on audio equipment before you'd tell him/her to cool it. An accountant once told me that pertaining to the States as a whole,up to 1/3 of your net worth can be spent on housing, 10% on transport (cars), 5% on furnishing, etc.
Wonder if there's an indicator for high-end audio.
ryllau

Showing 1 response by lornecherry

I'll answer for most of us here.

Got $30K system and $30 bucks in the bank. Well, actually the ratio's not that bad, but I do have some Nortel stock I paid $126 a share for last year and now it's worth ....uh....uh .... if only I would have sold and bought those Levinson 33's!

I once read in Sterophile that you could increase your net worth by investing in interconnects that were too short, too long, or too bright... and that those Black Diamond Racing things are very collectible. Wait, let me look in the drawer ... by gosh, I'm rich!

(Sorry Ryllau, I know you were asking a serious question -- but I couldn't resist -- besides, this a HOBBY and as such, it transcends many demographic and psychographic boundaries -- and in many cases, boundaries of common sense. That's what makes it so much fun.

To answer your question: read the post "who am I" and you'll get a real feeling for the kind of folks that inhabit this place we call audiogon. --Lorne