The Steel Guitar Forum Store 

Post new topic I tend to buy high and sell low!!
Reply to topic
Author Topic:  I tend to buy high and sell low!!
Larry Behm


From:
Mt Angel, Or 97362
Post  Posted 31 Oct 2017 8:03 am    
Reply with quote

Anybody else seem to fall into this pit?
_________________
'70 D10 Black fatback Emmons PP, Hilton VP, BJS bars, Boss GE-7 for Dobro effect, Zoom MS50G, Flamma Reverb, Planet Wave cables, Quilter 202 Toneblocks, Telonics 15” speakers.

Phone: 971-219-8533
View user's profile Send private message Send e-mail

Richard Sinkler


From:
aka: Rusty Strings -- Missoula, Montana
Post  Posted 31 Oct 2017 8:05 am    
Reply with quote

Guilty.
_________________
Carter D10 8p/8k, Dekley S10 3p/4k C6 setup,Regal RD40 Dobro, NV400, NV112 . Playing for 54 years and still counting.
View user's profile Send private message Send e-mail

Tony Prior


From:
Charlotte NC
Post  Posted 31 Oct 2017 8:17 am    
Reply with quote

no ! sorry
_________________
Emmons L-II , Fender Telecasters, B-Benders
Pro Tools 12 on WIN 7 !
jobless- but not homeless- now retired 9 years

CURRENT MUSIC TRACKS AT > https://tprior2241.wixsite.com/website
View user's profile Send private message Send e-mail Visit poster's website

Bill Sinclair


From:
Waynesboro, PA, USA
Post  Posted 31 Oct 2017 8:58 am    
Reply with quote

More of a break-even man, myself. My labor tends to be free though!
View user's profile Send private message Send e-mail

Skip Edwards

 

From:
LA,CA
Post  Posted 31 Oct 2017 10:11 am    
Reply with quote

Be glad you're not a keyboard player... At least you can sell a steel or related items.
I've got lots of keyboards/modules/etc that are either obsolete, have issues with their electronics/nobody wants them anymore/too heavy to ship/shall I go on?
How many ADATs would you like? They're great for propping doors open...that's about it.
If I could only sell them at all... low would be fine. Thinking about trashing the lot just for the purge high...

The only things that appreciate in value are my steels and Hammonds...
View user's profile Send private message Send e-mail

David Weisenthal

 

From:
Arizona, USA
Post  Posted 31 Oct 2017 10:13 am    
Reply with quote

Seems to be true with me too Larry. Guitars and tools. Oh, and the 62 galaxie I just had to get rid of... Oh Well
_________________
Derby SD10, Peavey Session 400
View user's profile Send private message Send e-mail

David Weisenthal

 

From:
Arizona, USA
Post  Posted 31 Oct 2017 10:18 am    
Reply with quote

Skip, could you donate some to a school and write then off? "Purge high" made me laugh.
_________________
Derby SD10, Peavey Session 400
View user's profile Send private message Send e-mail

Dave Potter

 

From:
Texas
Post  Posted 31 Oct 2017 4:28 pm    
Reply with quote

That's something all of us have to come to grips with, at some point in our lives. We all buy stuff, and inevitably, we end up selling some of our stuff.

But I think there's more involved than just reducing it to your "buy high, sell low" criterion - there are variables.

For example, how "high" were we willing to pay, in the first place? What's the motivation for selling - are we in a hurry to sell, meaning, we'll settle for a lower price, or, are we willing to hold out for more, waiting for someone willing to pay a higher price?

In my case, when I decide something needs to find a new home, I just want to get it done, and not make a career out of the transaction - squeezing the last penny out of it isn't my top priority. That means I'll be willing to sell for a price that makes the item attractive, and it also means I might be willing to take a loss on it. Those are all personal priorities - it's not a "one size fits all" propostion.
View user's profile Send private message

Don R Brown


From:
Rochester, New York, USA
Post  Posted 31 Oct 2017 5:07 pm    
Reply with quote

Maybe do your buying first, and THEN light up.........

Mr. Green
_________________
Many play better than I do. Nobody has more fun.
View user's profile Send private message Send e-mail

Larry Lenhart


From:
Ponca City, Oklahoma
Post  Posted 31 Oct 2017 7:25 pm    
Reply with quote

Definately guilty ! I tend to think of it as "rent" I paid on the instrument while I owned it and try to forget what I "lost" Like someone mentioned, I like to make the price attractive and not make a long drawn out deal over it.
_________________
Zum Encore, Remington D8 non pedal, Hallmark Mosrite clone, Gretsch 6120 DSW, Gretsch G5210T-P90 Electromatic Jet Two 90,1976 Ibanez L5, Eastman archtop, Taylor Dreadnaught, Telonics pedal, Squire Tele, Squire Strat, Fender Tonemaster, Gold Tone 5 string banjo, Little Wonder tenor banjo, 3 Roland cubes 30s and 80, Carvin combo bass amp
View user's profile Send private message Send e-mail

Bob Carlucci

 

From:
Candor, New York, USA
Post  Posted 4 Nov 2017 7:20 am    
Reply with quote

Mostly, yes.. However i do run into some killer deals at garage sales, and will turn a modest profit here and there on low price stuff, that brings me a little closer to the break even point ...When it comes to other stuff like cars, boats, etc, I take huge losses always..

I do better on cheap stuff at garage sales.. say finding an interesting old MIJ guitar at a garage sale for $25, restring it , adjusting the truss, shimming the neck, cleaning it up, getting electronics working properly, and then selling it for $100.. However when I factor my time, I am probably still losing.... bob

[/img]
_________________
I'm over the hill and hittin'rocks on the way down!

no gear list for me.. you don't have the time......
View user's profile Send private message

Steve Spitz

 

From:
New Orleans, LA, USA
Post  Posted 4 Nov 2017 7:30 am    
Reply with quote

Im like Larry. Its like rent.

I love gear. If I buy an expensive piece, use it, and enjoy it, then I sell for a bit less than I paid, I look at it as a small fee to fund my addiction.

Long story short, its not a big expense as long as you sell as well as buy.

I dont have any other expensive hobbies, and I make a little bit of cash playing steel.

recirculating the gear is a cheap thrill.
View user's profile Send private message Send e-mail

Tom Keller

 

From:
Greeneville, TN, USA
Post  Posted 4 Nov 2017 8:23 am    
Reply with quote

I like to think I am one of the founding members of the buy high sell low club.


Tom Keller


Last edited by Tom Keller on 15 Nov 2017 7:52 pm; edited 1 time in total
View user's profile Send private message Send e-mail

Jim Norman

 

From:
Virginia, USA
Post  Posted 14 Nov 2017 10:04 pm    
Reply with quote

What is this "selling" of which you speak?
View user's profile Send private message Send e-mail

Joe Ribaudo


From:
New Jersey, USA
Post  Posted 15 Nov 2017 1:22 pm    
Reply with quote

I'd even settle for a write off.
"Pedals for Preteens?"
_________________
Sho~Bud Super Pro, Fender Concert, NV400, Orange, (LP's, Tele's, Gretsch, Burns, etc...)
View user's profile Send private message Send e-mail

Len Ryder

 

From:
Penticton B.C.
Post  Posted 18 Nov 2017 2:53 pm    
Reply with quote

I had an outdated P.A. system a few years back. Donated it to a small local school where my Granddaughter was a student. It was much appreciated.
View user's profile Send private message Send e-mail

Henry Matthews


From:
Texarkana, Ark USA
Post  Posted 21 Nov 2017 9:09 am    
Reply with quote

Me too, as soon as I buy something, the market is flooded with it and it becomes totally useless. Whether it's steel guitars, guns or even vehicles, it happens to me. Bought a steel once on forum for $3500 and they were all selling for that or more and few months later, they were selling for around $2300. Bought a gun once because they were hard to get, paid $1300. Two months later they were $600. I can't win for losing. 😩
_________________
Henry Matthews

D-10 Magnum, 8 &5, dark rose color
D-10 1974 Emmons cut tail, fat back,rosewood, 8&5
Nashville 112 amp, Fishman Loudbox Performer amp, Hilton pedal, Goodrich pedal,BJS bar, Kyser picks, Live steel Strings. No effects, doodads or stomp boxes.
View user's profile Send private message Send e-mail

Art Beard

 

From:
Once upon a time out west (deceased)
Post  Posted 28 Nov 2017 4:54 am     Buy high and sell low
Reply with quote

I am also guilty of this and have the same luck, price and low availability one moment and if I buy the price drops. at 71, I thought I was also one of the founding members. LOL Az Art
_________________
"like an old stallion, lonely for freedom, still trying to out run the wind" Seals,Setser,& Davey.
GAS -1969 ZB D11/10,1974 Sho-Bud D10 Professional,1975 Speedy West S10, 150 yr okd Barn Board tele, Beard signature Gold Tone Dean Acoustic/Electric Bass, Tennessee 12 string Bass, 3 String Shovel.2 Fiddles., Sho-Bud amp, Epiphone valve special amp, Fishman loudbox artist amp.
View user's profile Send private message


All times are GMT - 8 Hours
Jump to:  

Our Online Catalog
Strings, CDs, instruction,
steel guitars & accessories

www.SteelGuitarShopper.com

Please review our Forum Rules and Policies

Steel Guitar Forum LLC
PO Box 237
Mount Horeb, WI 53572 USA


Click Here to Send a Donation

Email admin@steelguitarforum.com for technical support.


BIAB Styles
Ray Price Shuffles for
Band-in-a-Box

by Jim Baron
HTTP