Daily Guitar as an investment

Costs are rising and times are tough.
Please consider a donation to keep this
place going.

Welcome to one of the most active flamenco sites on the Internet. Guests can read most posts but if you want to participate click here to register.

This site is dedicated to the memory of Paco de Lucía, Ron Mitchell, Guy Williams, Linda Elvira, Philip John Lee, Craig Eros, Ben Woods, David Serva and Tom Blackshear who went ahead of us.

We receive 12,200 visitors a month from 200 countries and 1.7 million page impressions a year. To advertise on this site please contact us.

You are logged in as Guest

Users viewing this topic: none

Printable Version

All Forums >>Discussions >>General >>

Page: [1]

Message

<< Newer Topic Older Topic >>

pensoso

Posts: 26
Joined: Aug. 20 2010

Daily Guitar as an investment

Hey folks,

Have any of you folks considered purchase of your flamenco guitar for daily use as an investment?

In other words, when making a purchase do you take into consideration what its potential for trade-in will be?

Personally speaking, I'm looking to purchase a guitar that grows with my skill level as I am a beginner. If someone said that I could decrease my practice to guitar skill ratio by 10, 20, or x percent by purchasing y quality of guitar, I would.

Anyhow, I'd appreciate any thoughts.

Cheers.

REPORT THIS POST AS INAPPROPRIATE | Date Aug. 31 2010 2:12:35

cathulu

Posts: 950
Joined: Dec. 15 2006
From: Vancouver, Canukistan

RE: Daily Guitar as an investment (in reply to pensoso)

Nope. My first guitar was more of an emotional must have purchase. Although I wanted to get a deal to validate the purchase.

My second guitar is a Sigurdson because I wanted a flamenco built for me. I probably will keep it till my end of days, and perhaps it will become a family heirloom. It is already scratched and dinged and I don't care about its trade-in value or investment value as a result.

I think you should get a guitar with the right flamenco set-up that suits you best and sounds good - as best you can at your beginner stage anyways so that you are not hindered in your musical learning. If you can't get that in a cheap guitar then you will have to spend a bit more but don't go overboard. At a certain point price will make no difference on the guitars playability or sound enjoyment. It becomes splitting hairs, what wood you got or thought you got, and name recognition.

Then your first guitar can become your travel / beach guitar to bang around with or lend to a friend for a rumba - that is at least what my first flamenco guitar is for. If I get another guitar then my Sigurdson will be my beater and my first guitar will go...

And if you grow away from Flamenco, no big deal cause your first guitar wasn't an investment with all the baggage that entails.

REPORT THIS POST AS INAPPROPRIATE | Date Aug. 31 2010 2:53:51

kozz

Posts: 1766
Joined: Feb. 26 2009
From: Eindhoven NL

RE: Daily Guitar as an investment (in reply to pensoso)

quote:

Personally speaking, I'm looking to purchase a guitar that grows with my skill level as I am a beginner. If someone said that I could decrease my practice to guitar skill ratio by 10, 20, or x percent by purchasing y quality of guitar, I would.

I am not sure about that.
You can learn piano also on a keyboard, but probably won't carry you away as a real piano would do.

Personally i prefer soundquality because music is all about the ears and the pleasure it gives to the mind.

But it doesn't mean you need to spent thousands and thousands of euro's.

_____________________________

REPORT THIS POST AS INAPPROPRIATE | Date Aug. 31 2010 5:20:11

Ricardo

Posts: 14828
Joined: Dec. 14 2004
From: Washington DC

RE: Daily Guitar as an investment (in reply to pensoso)

Often times, assuming you have checked around and know something about it, the more expensive guitar will be a better investment. I never understood the point of buying a cheap guitar unless you dont' take playing serious. Even if you are not serious, a nice guitar can always be sold later for a profit. Only problem would be if you did not do your research and bought a used guitar for way more then it is truely worth. (like that Sobrinos de esto from 72 that was going for $12,000 for years and never sold).

So I say, regardless of your level, if you have some money for a nice guitar, get a nice guitar. And have someone who knows guitars help you if you can.

Ricardo

_____________________________

CD's and transcriptions available here:
www.ricardomarlow.com

REPORT THIS POST AS INAPPROPRIATE | Date Aug. 31 2010 18:28:05

Chiste de Gales

Posts: 298
Joined: Jan. 13 2009

RE: Daily Guitar as an investment (in reply to pensoso)

Musical instruments are not good investments if you are looking to make money.

Its a whole other matter to buy and instrument that will have a good resale value in the future. Think of it more that way.

The best I've done selling instruments is buy a very popular instrument, not use it very much, and sell it 6 years later for about the same money. Considering inflation, I lost money. However, I got to use and enjoy it for a time. I also was able to apply that money from its sale toward a future instrument.

REPORT THIS POST AS INAPPROPRIATE | Date Aug. 31 2010 19:17:08