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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
detlof
1,899 posts
 
Cody, first we are trapped by market forces. Not unalike the car-business, you suffer a huge writeoff percentage as soon as you carry (drive) off your jewel from the seller's premises. The second trap is indeed psychological, I think, once we are bitten by the update-bug, which can become a true addiction, as improvements become incremently smaller and prices get higher and higher. Addictions cannot be justified, they can only be rationalised.....and they are difficult to stop.
tireguy
1,964 posts
 
Detlof- Very good statement, the only thing I would like to add is Linn CD12 for 11k......where!?!?!? heh heh heh This hobby is like crack its hard to stop once your hooked. ~Tim
hotcorocket
54 posts
 
Obsolesense is a powerful thing to get you going toward Audiophilia Nervousa.
kotta's avatar
kotta
649 posts
 
I suppose we justify this behavior because it is means upon
which we achieve an end. (Our perception of correct sound
dynamics/timbre etc..) Unfortunately, the process is
difficult, as we all know, because every component plays
a vitual role in the process. Once you've assembled a fine
sounding system, end the equipment quest. Relax and Enjoy.
Play a round of golf and smell the roses! Bill
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