Does it hurt when you sell at a loss?

I no longer view losing money as "losses", but rather as valuable learning experiences. Example, a couple years ago I bought a nice used tube amp, used it for 30 days and sold it for $300. less than I paid. Was it worth it? Yes, every cent. I very happily went back to my big, fast, solid SS amp.

I've done that with many components, wires, PCs etc. But, I'm not totally stupid, ie I don't work at losing money in this hobby. How much would you pay for a 3 credit History course in college? How about a Music Appreciation course, or guitar lessons? Well, I see it sort of like that.

The philosophy I've used the last few years is "consider it carefully, and then never look back". Strange, but true. Cheers. Craig

I think it all works out in the end. You win some and you lose some. I just concentrate on the next upgrade and I soon forget about the loss.

It's not a good thing, but honestly it doesn't bother me much. I lose a couple bucks here and there trying things out. It's a hobby & I enjoy it. It's no different than spending money to take a trip or eating out.

I have had a few situations where I cannot get X dollars for something and I just decide to keep it.

think of it this way: when you're buying new it really only costs half! such a deal!

~~~~Cody, some people have more money to play with. If audio person "A" makes $30k a year, they will be more concerned than Audio person "B", who makes $300k a year. To someone who makes $6k a week, a loss on a new component isn't as big a deal as Audio person "A" would think it was. Not to say people like to take a loss, it doesn't make them lose any sleep.

~~~~Moving on to the new and improved model is thrill, like a gift wrapped present. If one gets their enjoyment by trying out new gear, so be it. We all spend some money on unprofitable items. It just hurts some of us more than others.

~~~~Just The Facts,