Is this an right time to buy hifi?

Do your research and buy from companies with a long and consistent track record. How did they perform during recessions and booms. Has their quality remained consistent. There is no doubt you have to wait for better gear to be built as most smart manufacturers dont overproduce during booms or ramp up production during momentary spikes. The real question...did consumer purchasing habits change in 2020 for good or will they return to trend. No one knows but alot of things affect demand. In addition Brexit, etc has changed the British hifi market and who knows what to expect.

Regarding investment and economic advice offred on an audio forum. Proceed at your own risk. @millercarbon may very well be right and Warren Buffet may very well be wrong. You pick. I’ve done reasonably well over the past 30 years investing with Mr. Buffet but I’m sure when all heck breaks loose and those 30 years of investments vaporize, I know I can count on the compassion of @millercarbon to allow me to share a can of peaches in his underground bunker while he communicates on his shortwave during the apocalypse. 

Would it be a stretch to assume that most people don't come to Audiogon for an economic or financial planning lesson? Unless my wife pledges a 7 or 8 figure sum to charity, scholarship funds, homeless charities, early childhood education or voting rights defense funds that the last place I will go for financial counsel would be here. 

No offense to anyone but its already a stretch for me to give the benefit of the doubt to other anonymous souls when discussing audio. I see some of the system photos and I scratch my head and feel bad for them, wondering why only 1 seat in the middle of a room in an attic or a basement with a HO gauge model railroad maze of cables and trestles and tweaky foam scotch tape to every square inch of the wall surfaces. It all seems so lonely. Audio has to live with us and not the other way around.

Anyway....back to the topic: Its a great time to buy audio and enjoy music. Reputable manufacturers will not cut corners.

04-01-2021 1:57pmghasley, You are correct and I apologize if I offended anyone.  

Regards,
barts

Barts, you didn’t offend anyone, you don’t owe anyone an apology but you are so very kind to offer one. Speaks volumes about you and your high character. I was only referring to the town cryer who makes a habit of hijacking threads and turning them into a gripefest that we didn’t remain on the gold standard or tulip bulbs. LOL.