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 vayasteve

Well I guess I live in a dump,dont own a home,pay rent,buy used,drive a 1991 2 seater,not MERCEDES,worked for over 21 years listening to a supervisor who was at one time the lousiest worker at one time,I was blessed not to be involved with the recent stock market crash,blew my loot when I was younger,dug high end,and blew a ton on it.In new value,the system i have now is worth over 25K,but the effects of depreciation,like used cars is worth now about 10K,so thats about 20% of my yearly gross income plus the losses i incure when i trade in stuff to the high end dealer plus add when I sell my stuff on e-bay and use the end result to get other high end stuff,and you see how the cycle goes,wear a Rolex because it maintains it's value better that stocks for now.Drive the wife crazy every time I get something new to the point that I sneak it in and hpoes it blends in with the system until she notices OH that a nice looking piece is it new??,and then laments about her expenses.So right now I'm probably worth nothing but fully loaded with a system that sounds great.So i'm worth my weight in audio until i see something that I think might sound better to throw me off unti