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How can anyone afford this ?

I consider myself a dedicated audiophile. I am 36(which I am guessing is a little younger than the average here) and single. I have been interested in high-end audio since I saw my uncle's Mcintosh and Threshold equipment for the first time when I was 5.
Since joining the workforce and saving a little I have always been trying to put together a nice system on a budget. I do OK financially(I am a systems engineer) but I do live in NYC which may put some of this into perspective.
Over the last 6 months I have struggled to buy(all used on Agon) a pair of Dynaudio Audience 42s and a Threshold CAS2 amp, Chang CLS3200, and cables(I haven't gone out[I don't have a girfriend], purchased anything else and really haven't eaten too much to be able to afford these and it is still a real stretch). I am using the amp with a direct connection from my CD/DVD player(Cambridge Audo Azur 540D...slightly modified[op amps, PS caps, bypass caps] that I have had for almost 10 years). A fellow has a Threshold FET2 series II(to match with the CAS2) he is holding for me but that seems like a pipe dream at this point along with a turntable.
A few years ago the analogue bug hit me.
I had a setup consisting of an Audio Analogue Settanta integrated and a Nottingham Horizon SE turntable with a Rega RB300 tonearm with the Incognto rewire and structural mod. This was not an expensive kit by any stretch but for me it almost put me in the poor house. I had to sell the entire rig to pay my bills and it hurt.
It seems over the last 10 years or so I have not been able to keep a kit for more than 6 months before I had to sell it. Whenever I don't have a rig I am constantly scanning the online Ads lusting for the next bargain to set up a system and cannot even listen to music on a mass market rig(I have been spoiled).
Anyway, I guess my question is how can anyone normal afford this hobby? What type of money do you have to be making to be able to enjoy this hobby.....$100,000/year? $500,000/year? Do you need to be worth millions? $5,000 barely gets you in the door(some interconnects cost more) and you could possibly spend millions. I am not looking to put together a $10,000 system(not even close...and that is modest in this hobby) but if I wanted to I don't see it ever being financially possible. If I had a girlfriend or a family(hopefully someday) I would not event be able to think about this hobby with a good conscience. I guess I am wondering if all these people in this hobby are millionaires? I am close to selling my rig again to pay the bills(the amp needed repair/recap and that was $450). Any advice for an audiophile who lusts to put together a nice rig but can't afford it? Should I get out and save for 5 or 10 years and then try again? Maybe I am in the wrong hobby but it is more addicting that crack to me(and more expensive). Maybe I should be a crackhead instead...that might be the only thing to make me forget about it. Thoughts?
adamd1205
inna
7,743 posts
 
Yeah, Paul Stewart is not great at all. Edward Green would be about $1000, I guess. Anyway, I usually buy for at least half those prices on ebay.
I too was talking about Manhattan below 96th. In Brooklyn, in a good area, you can rent three bedroom for $1800.
But that's enough of this, let's continue about stereo.
oilmanmojo
472 posts
 
I agree with the comment of buying some quality used equipment on Agon or similar sites (there are a couple more). As a systems engineer, you are probably somewhat mechanically oriented so a little tweaking and repairs can bag you some fine equipment that others may have given up on. I have a treasure in a maplenoll apollo that IMHO, will stack up for quality with most any out there. I had the great luck of finding one that Lloyd walker personally tweaked and sold. The best part, i got the entire setup including a pretty good cartridge for less than 3500. I had a UNIverse cartridge i quickly put on this beast so the sound competes with anything out there. I also own a vintage pair of Klipschorns that I picked up 8 years ago for less than 1800 and had a set of interconnects that by themselves is worth 1000 retail. I had to go to North Carolina to pick up but it gave me an excuse for a road trip. I have several other steals that i got just watching and waiting. You can spend mega-bucks but you dont have to. Lots of people who are tired of a particular system or component will part with them at cents on the dollar.
maineiac
649 posts
 
No doubt that good sounding gear can be had for a low amount of money but pushing performance and refinement is going to cost money and the curve gets harder to climb the further you go. Enjoy what you can afford and work hard to make what you spend really count (which it appears you have been doing).

I have always made my more expensive purchases from a portion of work bonuses so it was my personal reward. I guess I am at a good place with audio now because the last good sized influx of cash I decided that I didn't really want anything so I just bought quite a few LPs.
Ag insider logo xs@2x
smortega
70 posts
 
You have 2 issues
How can anyone afford this? A lot of folks in this forum are solidly in the baby boomer demographic. If you take care of the essentials- family, your life's work, savings/investments, you'll find that stuff that's a stretch at your age is affordable in your late 40's and thereafter- if you take care of the essentials now. For now, focus on analog OR digital (living in NYC, CD's seem more practical for mobility/space issues. OTOH, lots of places to look for vinyl).
Living in NYC- you're paying lots to live there, take advantage of it. You can listen to home audio anywhere, but focus on the things that a big city offers- arts, social outlets, folks who share your interests. Lest I forget- buy shoes on-line.
mmakshak
589 posts
 
I would suggest that you try to meet with some designers and modifiers of equipment. You can also join an audio club(BAAS in SF) and get to hear a lot of the new equipment without having to buy it. Some people on Audiogon will let you listen to their systems. All of the above may somewhat satisfy your need to get new stuff. I also agree about tubes, horns, analog, etc. I would stick to older stuff that has stood the test of time. The big breakthrough for me came when I met Ori(Oritek Audio in San Jose). He showed me my new expensive stuff did not compare to some cheaper stuff. His preamp/dac(which in one configuration is the best digital I've ever heard), his modified Dynaco 70(comparable to Lamm), his modified speakers(perfect for my listening room)showed me that I had misspent money. In short, I think you have to get lucky. If you keep going out there and try(and not buy), maybe you will too.
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