1)After 50 years in audio, I’ve learned a few hard and valuable lessons. I started working in stereo shops in high school and became addicted. I have heard almost everything currently available at high end retailers and shows.
My best advice is as follows;
2) Listen to a $1000 system and then a 5K system and on up the ranks. If you’re not impressed, don’t invest.
3)There is a point where a little improvement costs a great deal more.
4) If you don’t have a decent room, the best equipment will sound very limiting and disappointing.
5) Really good recordings will sound better on lesser equipment than average recordings do on the very best gear.
6) I have never found a dealer I fully trust. I have been burned by them many more times than private party sales. I am referring specifically to after sales support as much as what they sell you.
7) Off brands, mods, and custom made one of a kinds are high risk.
8) Buying used or demo gear is great, but not usually cutting edge unless spending a great deal of money. Used loudspeakers are higher risk because of how they were run and handled previously.
9) Digital audio takes more money and time to get right than vinyl.
10) At some point, spending more just becomes an expression of addiction and ego.
11) Great cables, power supplies , RF, and vibration control really do make a big difference.
12) Enjoy the hi end while you can because we are a dying breed. Portable audio is taking over.