Les Paul Forum Co-Owner
- Aug 2, 2001
I see you folks aren't financially savy. My point was that you are not going to make any sort of real money by holding a guitar for 5 to 10 years. ( I don't care what brand it is ) Unless it's some sort of very limited edition or one of a kind and most importanly find someone to pay you the inflated price.
You see in the financial world it's not that difficult (if you know what your doing) to triple/quadruple your money whether it's $100.00 or $100,000.00 in a span of 5 years. Even if you know nothing about the stockmarket you will still end up ahead in 5 years and be very liquid to boot. That's not happening with guitars.
I see that you are neither investment savvy not guitar savvy.
Many of us have made money holding guitars for years.
Here's a simple example:
Bought it in 1989 for less that $20K and sold it this year for more than $500K.
In the meantime, I got my initial investment price times 2 from royalties with Gibson selling copies [Collector's Choice #4, Sandy].
And this is one of numerous examples I have experienced myself, for over 40 years.
Maybe you could learn something here. :ganz