How much are you worth ?


I know. I know. It's none of my business. Bear with me. I know people who have $200K in the bank & their system costs
100K. I've also seen people living in dumps listening to 50K systems. So please tell me. What is your limit? How far will you go? If someone has $100, how much does he/she have to spend on audio equipment before you'd tell him/her to cool it. An accountant once told me that pertaining to the States as a whole,up to 1/3 of your net worth can be spent on housing, 10% on transport (cars), 5% on furnishing, etc.
Wonder if there's an indicator for high-end audio.
ryllau

Showing 1 response by jeffloistarca

If money in the bank includes 401k's and equity in your home, then my systems as a percentage of my net worth are negligible. Being a contrarian I stayed way from tech stocks last year (even though I work in the semiconductor business) but find there's money to made in the tech stock market now. So rather than plowing money into an overheated stock market in 2000 I spent it on some long overdue system upgrades I decided I "needed". For the life of me, I can't think of anything I want or need for my audio system, this is disturbing. I'll keep buying records until the hardware need becomes obvious. Jeff