Law of diminisning returns

rubin

reeltrouble1 wrote: »

have you studied the Law of Limited Necessity?? Just don't confuse an essential with a necessity.

RT1

Some things are essential (food) some thngs are necessary (for our enjoyment) and then some things are a ($$ luxury).

reeltrouble1

audio items are essential, food is a necessicity where limitation is to be applied, you eat food and then you eat more, what a waste of audio coin, liquor is essential, but women are a luxury.

RT1

AudioGenics

cold Beer and good friends are a necessity .... everything else is an accessory

NewHTguy

I have now spent approx 6 times what I expected/planned on spending when I first started thinking about a HTIB. If I earned twice as much, I'd probably spend a lot more. The key is to spend what works for you and your budget, regardless of when the improvements become diminishing. If you can't afford to have your car fixed because you spent $3K on an amp, you might want to reevaluate.

reeltrouble1

a car is certainly something that can be let go for audio, a car can be a perfectly good waste of audio fundage resources.

drive a man insane
evil thats your name

RT1

madmax

I personally spent less than 1/2 of what I could have on my last car to enjoy more audio goodies. Way back when I moved into my first house I spent a house payment on a pair of SDA's and had to put the house payment on the credit card. Hey, you gotta have the essentials before wasting money on the house...
madmax

AudioGenics

wish there was better mass transportation.
spending way to much on the gas guzzlers.
way better things to use the money on

megasat16

madmax wrote: »

I spent a house payment on a pair of SDA's and had to put the house payment on the credit card. Hey, you gotta have the essentials before wasting money on the house...
madmax

That's the spirit of True Audio Addicts.

slowpolky

I stole my wifes credit card when she was drunk on saturday and bought some nice speakers

anticipation of death is worse than death itself

AudioGenics

i have seen estimates of raising a child thru college in excess of $200,000
and the tough economy makes it difficult to find a job.

Audio and Home Theater seems inexpensive in comparison

NewHTguy

Walk instead of own a car, don't pay your mortgage, steal your wife's cc, and have your children pay their own way to college,

megasat16 wrote: »

That's the spirit of True Audio Addicts.

AudioGenics

good for your health and environment : Walk instead of own a car
always pay your dues : don't pay your mortgage,
had to be temporary loss of control - do Not Steal :steal your wife's cc,
could appreciate the value of education : your children pay their college,

slowpolky

Nope joe , stealing the cc was pre-meditated

AudioGenics

doesn't work when it's joint accounts.

nooshinjohn

slowpolky wrote: »

I stole my wifes credit card when she was drunk on saturday and bought some nice speakers

anticipation of death is worse than death itself

looks like you have the beginnings of a life long relationship... hopefully the end will be painless

madmax

joseph.v.chen wrote: »

don't pay your mortgage,
had to be temporary loss of control

I was in full control and it was premeditated. I would do it again next month.
madmax

TroyD

I dunno....it's far to subjective of a subject to put a dollar amount on it, for me, I'm right there. I just don't have the resources and to be honest, the desire, to go any farther up the food chain.

The thing is, for me, it's about creating, or re-creating, that feeling that you got the first time a hifi rig REALLY got you motivated in this hobby. For me, that was hearing "The Truth" at Casa Grande. That was, and remains, my high water mark for hi fidelity experiences.

BDT

reeltrouble1

madmax wrote: »

I personally spent less than 1/2 of what I could have on my last car to enjoy more audio goodies. Way back when I moved into my first house I spent a house payment on a pair of SDA's and had to put the house payment on the credit card. Hey, you gotta have the essentials before wasting money on the house...
madmax

True use of the Law, excellent, totally hard core. The essentials of audio should always be placed above the house, it can be afterall limited in its necessicity.

RT1

madmax

I found that in bad times audio equipment is a very liquid asset which led me to the belief that it doesn't matter how much you spend, actually the more the better. For example an amp that you buy used for $5K today can generally be unloaded within a week for $5K whether it is this week or 5 years from now. Almost as good as money in the bank, maybe better since you get to listen to it. Of course this doesn't apply to dated things such as processors or CD players and some other items.
madmax

Hawkeye

Diminishing returns? I don't worry about it. What concerns me is the value gained of dollar per hour.

Take the total cost of your rig and divide it over the hours you use it per year(s). Now take another hobby or enjoyment, shooting, boating or whatever and find the real cost.

I would that say, boating, if it costs the same amount as your rig, would cost more per hour since your not using it year round in many cases as you can your audio toys.

Gordon

reeltrouble1

MM-yea, most sand money washes away with the tide, now tubes, say oooh lala, a great many tubes selling now for way over original asking price, a note of exception for ss, the Esoteric X0-1 seems to be a piece collectors want/seek.

your point is correct though, gear is pretty easy to turn, sometimes you make a bit or lose a bit, but you got to hear it, an extremely joyous time that costs very little considering all the value it brings to life. The boat is extremely fun, but as Hawk says, it sits mostly, but evertime we take her out we have a ball, actually, a great day is:

splashing the salt early, feeling the pull on a line of something stronger than you are, enjoying the day and the view of the occasional hotty my son brings aboard, getting heated up with the fish, then retiring later to the Loft with a cold beverage, cool tunes, and some warm tubes.........ahhhhhh life is good.

RT1

woodhead 2

Instead of investing my money in the stock market, I wished I would of invested more in autio equipment. At least I would have something for my money!!!:(