Does it hurt when you sell at a loss?


I've been into this audio hobby for 30 years, and I am afraid to actually tally up the money I have spent, as well as the money I have lost when I have either sold or traded in equipment. I'm sure there are other hobbies and habits that can cost quite a bit, but I have to wonder, when I see a Linn CD12 up for sale for 11k, does the original owner actually lose 9k in the process. How does everyone justify this behavior, or are we trapped psychologically somehow?
Thanks I would appreciate some feedback.
cody
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,
Garfish
Has your dear Mccormack endured "attacks" from tubed gear?
I´m stuck with lesser SS gear due to current economic constranings but some of my ´phile friends still swear by the tubed gear.....
Could you comment further, If you deem more appropriate drop me a private e-mail note
Thanks
Luis