Sell Hi-Fi and invest in stock market?

We are still ahead of waves of corporate collapses. One that began would send stocks even lower. OECD suggest not before August 2009 would be better, but I think that is too optimistic view. But certainly good idea to sell now your gear and buy back the same at half price a year later.

Hopefully I could get a large gain

To state the obvious, long-term the market is more likely to go up rather than stay down.

get a large gain and buy better equipment down the road

Hmmm, not so fast. You'll have to recoup the loss incurred selling yr equip used in a down market... And make enough to cover the added value of buying more expensive in a bull market...

What Kublakhan said, +1!!!

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...

-RW-

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.