According to the RIAA, It doesn't look good for physical media


The RIAA mid-year 2020 report is out and physical media, CDs or LPs, are not doing well. CDs still ship more units (10.6 million to 8.8 million), but LPs have surpassed them in $ amount shipped (CD - $130 million to LP - $232 million) for the first time since the 80s.

CD units shipped fell 45% from the mid-year 2019 report. LP units shipped gained 2.3%. Downloads also fell. Total Streaming revenues were up 12%. Total revenues for all categories were up 5.6%.

https://www.riaa.com/wp-content/uploads/2020/09/Mid-Year-2020-RIAA-Revenue-Statistics.pdf

128x128tomcy6
Noromance.
I'm already too grumpy.
That's why I play vinyl.
Or that's what the better half is content with me doing.
Keep out of her majesty's way.
Bought virgin vinyl, half-speed mastered Japanese pressings of 1970s classics back in the day. Still unopened cello-wrap. Neil Young, Fleetwood Mac, Pink Floyd and so forth. Of course then I couldn't forese the advent of streaming, so LP/CD play is rare around here these days, which is why these oldies are still pure mint. Now, would they sound better than remastered on Tidal? Depends on which aspect of which cut you're focused on. The remasters often get the balance all wrong: not wrong just because it's different, but wrong because they have no clue what effect (Christine McVie via Keith Olson, let's say) were rightly aiming for. On the other hand, remasters do extend and clarify the bottom end, often with a sacrifice of the the priceless delicacies. On balance, I'd go with my mint condition oldies, given the right "Mag-Lev," per @noromance, to play them on. 

Sorry, the point was value appreciation. So when I abandon this dystopian third-world polis of ours for somewhere vaguely civilized, should any such still exist and be willing to accept us white American equivalents of "Mexican rapists," my U.S. estate auctioneer will be given detailed instructions on how and where to market the audio media and electronic gear.
For my absolute favorite albums, or just albums that I think set a good mood, I do vinyl. For albums that I really enjoy, or maybe just that have a decent number of tracks that I really like, I buy used to CDs and then rip them into FLAC. Everything else I stream. Streaming is great, but listening to music that you actually own I think helps you to digest music in a slower and more thoughtful way.
Post removed 
This statement is misleading.
The statistic of dollar amount of LP’s exceeding CD can be explained by higher pricing of LP’s per unit. Vinyl can be more than 2x the price of a CD.

How is it misleading? I just stated what each format shipped in units and dollars.

It is inevitable that units of LP will overtake CD.

Yes it is, maybe by the end of this year. But that percentage change year over year for vinyl units shipped isn’t too far from going negative.

Amount of CDs sold most likely doesn’t include used CDs sale.

No, it doesn’t. Nor does the LP number. These are units shipped by the record labels during the first half of 2020.

My Discogs collection value is going up faster than my 401k.

Might be a good time to sell if you want that money. I think there will be more collections going up for sale as more boomers depart. In the last 20 years I've watched bubbles inflate and burst in baseball cards, tech stocks and real estate. I'm sure there have been many others.