Steve wrote:
"Investing requires some coldness to the stuff you're investing in, so it = can be sold at the right time. Hopefully most of us are in this hobby = because we like the hardware or the riding or something about the bikes. At times, = we may pay "too much" but after a few years of riding, how can you put a = number on the joy of owning/riding a bike you really like.=20
Steve Birmingham Lowell, Ma=20"
****
I've bought low, and I've bought high, and believe me Steve, no matter how nice the bike, buying low is ALWAYS better.
And, while I enjoy admiring my bikes enormously (it's like having a nice little fine-art collection..the pleasures are much the same, imho), I also like the fact that were I to liquidate the entire shooting-match right now, I'd break even, or better. Most likely better. Not by a lot, but by some.
Breaking even is usually good enough for me. For instance, when I sell a bike here on the list, I almost always sell it for what I have in it, and no more.
And the thread did start with value. I see nothing much wrong, and a whole lot right, about being canny about value. Even that crazy de Rosa I bought awhile back was a good value, imho..why? Because it's very, very rare.
And because I like admiring it. <g>
Charles Andrews
SoCal