Tom Blackshear -> RE: new build for 68' Conde style flamenco (Jan. 4 2020 16:14:29)
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Thanks Andy, The old school way of investing was nearly always buy low, sell high, to gain some profit in the market place. Today there seems to be certain facets of market place investment that cause a price position to drop off without any rhyme nor reason, but this can reveal a more competitive edge with new business opportunities that appear overnight. So with this springboard effect in place, we will sometimes have to wait very short periods of time until other sources of a certain product become available. It seems that this activity in the market place will always be sure to supply a measure of some return, due to its necessary materials that are needed. The good news is that there is still enough wood product available to buy from enterprises that have the foresight to manage their levels of price control. When I order wood, I always ask for the best quality available and pay the price. Even with my social security check, there is enough left for me to be able to do this. I build one guitar every 6 months, so saving a little each month for more wood, is not that hard to do. And then when the big day comes for my guitar sale, I use the sale price to cover any additional expenses that may have been incurred during the building period. There are other ways to do this but my goal is to have about a 5 guitar inventory and replenish as I go. Right now I'm slight of the mark but if I continue to build, this is where I would like to be. This is my goal, God willing.
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