Sell Hi-Fi and invest in stock market?


Should i sell my expensive gear and put the money in the stock market? Hopefully I could get a large gain and buy better equipment down the road. Anybody doing this?
pugstub

Showing 2 responses by shadorne

If you have to sell your gear to invest in sticks then sorry mate - you missed the boat. Great bargains right now even if it goes a lot lower!
Getting your financial advice from an audio website has got to be one of the dumber things you could do. You'd be better off getting audio advice on a financial website...

Perhaps but sometimes those in the biz can't see the forest for the trees.

FWIW: I warned everyone here on these forums several times starting fall of 2007 - my advice was to sell stocks and portect your nest egg. One thread where many people hotly dismissed my dire warnings as "nonsense" was even erased.