Sell Hi-Fi and invest in stock market?

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.

There's a reason why they're called "brokers"