As a dabbler in value investing,I define an investment as something that produces a dividend, an interest,or a rent, that I buy when it's undervalued and plan to sell when it's overvalued.
Wines,art works,coins,precious metals,and audio equipment do not fall within that definition. I say that as a wine drinker,an oil painting owner,a coin spender,and an audio nut.
With the exeception of those rare things mentioned in previous posts,audio pieces will be depreciating assets. You can attempt to reduce the depreciation by buying one generation old,used pieces for what supply and demand dictate. Let the original buyer overpay.
Free advice and possibly well worth it,get what you like,don't overpay for it,and enjoy it,but don't confuse it with investing.
Wines,art works,coins,precious metals,and audio equipment do not fall within that definition. I say that as a wine drinker,an oil painting owner,a coin spender,and an audio nut.
With the exeception of those rare things mentioned in previous posts,audio pieces will be depreciating assets. You can attempt to reduce the depreciation by buying one generation old,used pieces for what supply and demand dictate. Let the original buyer overpay.
Free advice and possibly well worth it,get what you like,don't overpay for it,and enjoy it,but don't confuse it with investing.