A cautionary tale - an investor bought some brand new collectable, commemorative gold coins. They were expected to increase in value and they did. The investor was proud of the coins and sometimes brought them out and used them as chips in poker games. When the time to sell them came the investor was dismayed that they no longer had any value, beyond that of the gold, since the nicks and scratches from handling made them worthless as commemoratives.
The story was told as a cautionary tale for people who did not distinguish between "investment" and "speculation" and were hoping to make money by purchasing tangible collectables now and selling them later at a presumably higher price. Or perhaps it was just an example of an investor who didn't do enough research?This is not an investor. If this was you then I apologize, but this person was... less than smart.
My wife invests in the same things. We can't go to Costco without her getting some clothing item mostly tops. She never misses a chance to say something about my 13 guitars that are all worth at least what I paid for them and some a great deal more. Pic of my investments.My view on buying nicer music gear has been primarily to buy used and try not to overpay. Then I have something I'll enjoy and maybe I'll be able to get my money back out of it. I tend to keep things for years and end up making a little. The things I buy new; guitar pedals, mics, mic stands and stuff, will always retain some value. My wife can't say the same for all her eye glasses, shoes and purses. So I'm in the clear with this.