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Resale value

Just curious ... do you consider potential resale value when purchasing new or used equipment?
rlb61
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cleeds
5,980 posts
 
lloydc

"investing" in a child's future is not meant literally, It has some of the characteristics of investing, but not all. It's an analogy. The parent doesn't expect to profit from it, it's a gift
Agreed! And of course, in a sense, audio is an investment, because the ROI is the enjoyment of the music. And - perhaps this is the best part - it's a benefit that isn't yet subject to tax. That's sweeeet!

crazyeddy's avatar
crazyeddy
381 posts
 

I've been looking for some advice on buying some new stocks.

Looks like I may have found the right forum LOL

HAHAHAHA

On a more serious note though, personally I tend to consider re-sale value in my audio purchases, as I may look to upgrade in the future. I do not make it my primary consideration, but I do give it some thought. If I find something that I have been looking for, at a decent price point, I will go for it, regardless of re-sale value

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tonykay
1,302 posts
 
Initially, I said that buying equipment was analogous to the stock market. "Analogous" simply means that something is like, or similar to, something else-not precisely the same. My comment was first taken out of context, and then blown out of proportion. The analogy wasn't that difficult to understand!
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cleeds
5,980 posts
 
tonykay
Initially, I said that buying equipment was analogous to the stock market. "Analogous" simply means that something is like, or similar to, something else-not precisely the same. My comment was first taken out of context, and then blown out of proportion. The analogy wasn't that difficult to understand!
I think everyone here understood the analogy. What was confounding was your misstatement of fact regarding the functioning of major stock exchanges, and then your denial that you'd been so in error. And here you are again, still misrepresenting your profound error about investment liquidity:

The stock exchanges don’t "ensure" liquidity, they simply facilitate it (very much like Audiogon).
As I hope you do now understand, the major stock exchanges absolutely do ensure liquidity - that's their primary function. That's unlike Audiogon, where used equipment can sit unsold for months.
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