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?
128x128pugstub
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!
Sell gear and buy stocks? You got to be kidding. You ain't seen nothing yet. China just announced their sitution is dire and the Nightly Business News did a piece on Chinese unemployment breaking the social contract (pay me the money and I'll keep my mouth shut).

My regret is that I didn't buy some more gear before the crash. I'd rather be down 30% after a spending spree and end up with something to enjoy rather than lose 30% in a puff of smoke.
Check out www.jsmineset.com and see what is really happening with our global economy - imagine the future deals and inventory you will be seeing on audiogon to come.
Maybe.....8 years from now....take it from a big dog....things have'nt gotten bad yet. When they can't give a NYSE seat away....buy...buy...and buy!
Sell every piece of expensive gear immediately and buy gold.

However...you'll find a very soft market for toys right now but it's going to get a hell of a lot worse.