Where did you sink the most cash into?


I'm not interested in how much anyone  spent, but I'm curious what the single most costly item in your system is- ie, amplifier, CD player, etc.

I will go first- in my present set up, it's speakers. 

But I can't live without my ancient Zerostat (the red one) which was probably 1/3 if what they retail for now. My most enduring audio purchase!  
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Based on prices when new:  Speakers 30%; Amp 30%

Based on prices actually paid:  Speakers 40%; Preamp/Processor/DAC (one component) 20%

Regards,
-- Al
 
My Silverline Boleros represent about 50% of the value of my audio system, excepting my music collection of course. 

Very nice speakers, BTW. :-)
I'm old school & was always taught & truly believe to spend 50%-60% of total budget on speakers - of course back then all you needed was speakers, a receiver, turntable & cassette deck for a system.
I still believe in spending about half your budget on speakers, then amp/s, pre, phono, cartridge, cd/sacd & cables.
It has always worked for me as no matter what source you select it will be heard from your speakers.