fronobulax
Bassist, GAD and the Hot Mess Mods
- Joined
- May 3, 2007
- Messages
- 24,795
- Reaction score
- 8,928
- Location
- Central Virginia, USA
- Guild Total
- 5
I followed the link to this from Guitar Squid so if you are getting a feeling of deja vu, you know why.
The article talks about guitars as investments and cites five specific examples where the price is low but is expected to rise. No Guilds. The cheapest examples they cite are around $6000 but most "investments" would require five figures and up. I found the article interesting for two reasons. First, the expert cited is David Kalt, a former options trader and broker, who runs Chicago Music Exchange. That right there might explain why we folks at LTG often feel CMEs prices are outrageously high. CME presumably was not founded to serve "players". Second, since I cringe at the thought of guitars as investments, the article gives me a different perspective even though I'm still going to park my money elsewhere and suggest that anyone who asks me does the same.
The article talks about guitars as investments and cites five specific examples where the price is low but is expected to rise. No Guilds. The cheapest examples they cite are around $6000 but most "investments" would require five figures and up. I found the article interesting for two reasons. First, the expert cited is David Kalt, a former options trader and broker, who runs Chicago Music Exchange. That right there might explain why we folks at LTG often feel CMEs prices are outrageously high. CME presumably was not founded to serve "players". Second, since I cringe at the thought of guitars as investments, the article gives me a different perspective even though I'm still going to park my money elsewhere and suggest that anyone who asks me does the same.