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 |
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! |
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. |
In evaluation the "value" of a component I do consider the enjoyment it will bring as part of the "equation". Having said that, I find that all audio equipment depreciates fairly quickly, so I've bought a number of "current model" components from individuals who seem to like to try out new things for a few months, like a new car purchase, the ones who "take the hit" on the depreciation. I prefer to purchase used items from individuals, compared to "dealer demos", as when I worked in the audio business, I found that our components had lots of hours on them, by the time we sold them. You oftentimes do benefit from the manufacturer's warranty when you buy these components, but when the staff power the units on when they open the store and leave them on all day, they do have a lot more "wear" on them by the time you purchase them as a demo unit. I also have "a thing" about buying used speakers. To me it's really difficult to figure out if speakers have been "abused". One thing I've found is that McIntosh components seem to hold on to their value better than other brands. |
