sbpark Posted January 27, 2017 Author Share Posted January 27, 2017 Ah, to be dept free....I wonder what that feels like. Oh well, maybe someday. In the mean time I will enjoy my guitars, and when the debt is gone, it will be time to save up and buy another one. I think if I had waited to buy later then I might not ever have them. It's like, if you wait to have kids until you can afford them, would you ever have them? I don't have kids...and got a vasectomy less than a week ago, so that's not an issue. Link to comment Share on other sites More sharing options...
SteveFord Posted January 27, 2017 Share Posted January 27, 2017 It's a sin to sell a Martin, you'll go straight to Hell and be forced to listen to disco music for all eternity. Link to comment Share on other sites More sharing options...
MorrisrownSal Posted January 27, 2017 Share Posted January 27, 2017 Oh.... you're shooting blanks.... sell all the guitars and get a takamine... why didn't you say so? Link to comment Share on other sites More sharing options...
Pittgibson45 Posted January 27, 2017 Share Posted January 27, 2017 I don't have kids...and got a vasectomy less than a week ago, so that's not an issue. Then you should go treat yourself to a new guitar for the pain and suffering! However, in this case I meant the collective "you", not just you. I remember reading a comment that an old man made about his new J 200. His main point was that he should have got it decades before and his cost per year of ownership of his dream guitar would have been very reasonable compared to the few years he figured he could still play it. I guess that is one way to look at it. That could be a very dangerous mindset if you apply it to more than just the dream guitar. Link to comment Share on other sites More sharing options...
Dave F Posted January 27, 2017 Share Posted January 27, 2017 Despite being in the middle of a short buying spree, I did downsize a little last year moving 12 of my guitars. I was maxed out on the quantity my music room could hold and still had a few on my bucket list that I needed to make room for. Here was my line of thinking First, I had a few I just did not bond with although they were really nice guitars so they were an easy choice Second, others that I liked were standard models that I could find and buy any day of the week in case I had remorse ( I haven't) Third, I wanted to prove that I could sell a group and wind up with what I though they were worth Something else I'm doing is loaning out some of my 'I don't know if I want to keep' guitars to friends to see if I miss them. I'm recalling one of them this weekend, I miss it. Just my opinion, all your guitars are current standard models that you can always replace. Do what your gut tells you. Link to comment Share on other sites More sharing options...
rct Posted January 27, 2017 Share Posted January 27, 2017 I don't have kids...and got a vasectomy less than a week ago, so that's not an issue. Props. Got mine in 1982. Kids and bands don't work, that was our reasoning. 37 years married this year. rct Link to comment Share on other sites More sharing options...
fortyearspickn Posted January 27, 2017 Share Posted January 27, 2017 Props. Got mine in 1982. Kids and bands don't work, that was our reasoning. 37 years married this year. rct Another 'Aha Moment'. I think I read somewhere that it costs approximately Four Years Salary to raise a kid. We had 4 kids before I got neutered. Now I understand why I only was able to afford 1 Gibson guitar until they all moved out. Link to comment Share on other sites More sharing options...
Dave F Posted January 27, 2017 Share Posted January 27, 2017 Another 'Aha Moment'. I think I read somewhere that it costs approximately Four Years Salary to raise a kid. We had 4 kids before I got neutered. Now I understand why I only was able to afford 1 Gibson guitar until they all moved out. I was playing a Squire until mine moved out Link to comment Share on other sites More sharing options...
Dotneck Posted January 27, 2017 Share Posted January 27, 2017 If I were you, I would not go down to one guitar. Heep your AJ and your HD28....Seriously, selling your HD28 might yield $1900 bucks, and the 000-15 $700 bucks. Its not going to affect your retirement. Keep all three and enjoy them. GAS may make you sell one, and buy the J200, and then a year later you'll switch gears and try a collings and sell one of them... and in the end they all will sound good enough and just fine. I agree with Sal... Also, I don't understand the goal of having only one guitar. I can understand OWNING only one guitar...I just don't get having multiple guitars and having a goal of getting back to owning just one. It doen's seem like such an accomplishment to be something to worry about ad work towards... Link to comment Share on other sites More sharing options...
sbpark Posted January 27, 2017 Author Share Posted January 27, 2017 Then you should go treat yourself to a new guitar for the pain and suffering! However, in this case I meant the collective "you", not just you. I remember reading a comment that an old man made about his new J 200. His main point was that he should have got it decades before and his cost per year of ownership of his dream guitar would have been very reasonable compared to the few years he figured he could still play it. I guess that is one way to look at it. That could be a very dangerous mindset if you apply it to more than just the dream guitar. Another thing I forgot t mention yesterday...got an email from an investment company telling me I needed to update my address and contact info. I usually just trash those emails, and this wasn't even the company that currently manages my 403b. Decided to update my info anyway and found over $16k in an old 403b account I forgot about. Immediately thought I could get that SJ200! Then I came back down to reality and went through the process of having it transferred to my current 403b account with the current company. Talk about being a responsible adult! Link to comment Share on other sites More sharing options...
jvi Posted January 27, 2017 Share Posted January 27, 2017 heres my thought-in this order ; 1- sell a couple -2- regret it- 3 experience gas- 4- buy more-5 post your love for the new ones- (gibson) OR,sell them all and take up the tuba... Link to comment Share on other sites More sharing options...
kidblast Posted January 27, 2017 Share Posted January 27, 2017 Another 'Aha Moment'. I think I read somewhere that it costs approximately Four Years Salary to raise a kid. We had 4 kids before I got neutered. Now I understand why I only was able to afford 1 Gibson guitar until they all moved out. we had two kids, boy+girl, stopped there.. now four grandkids. Love em to death. 3 live in with us in the flat upstairs.. my daughter struggles financially, so, a lot of resources go to keep them afloat. but, I still have the lot of axes that I do really have no intent to sell, (all totaled about 20, with 16 that are valid keeper/players.) I only have one that I'm considering offing, (my chet atkins elitist... pickups are meh, and I'm not sure want to hassle with upgrading. I could fetch a good load of cash for that one.. Link to comment Share on other sites More sharing options...
Trans Posted January 27, 2017 Share Posted January 27, 2017 we had two kids, boy+girl, stopped there.. now four grandkids. Love em to death. 3 live in with us in the flat upstairs.. my daughter struggles financially, so, a lot of resources go to keep them afloat. but, I still have the lot of axes that I do really have no intent to sell, (all totaled about 20, with 16 that are valid keeper/players.) I only have one that I'm considering offing, (my chet atkins elitist... pickups are meh, and I'm not sure want to hassle with upgrading. I could fetch a good load of cash for that one.. Can I share the sentiments there with you with the guitars? hehehe! Yup they were somewhat easy to get at first where there's a will there is a way mantra, but hard to let go now. Trans Link to comment Share on other sites More sharing options...
blindboygrunt Posted January 27, 2017 Share Posted January 27, 2017 Another thing I forgot t mention yesterday...got an email from an investment company telling me I needed to update my address and contact info. I usually just trash those emails, and this wasn't even the company that currently manages my 403b. Decided to update my info anyway and found over $16k in an old 403b account I forgot about. Immediately thought I could get that SJ200! Then I came back down to reality and went through the process of having it transferred to my current 403b account with the current company. Talk about being a responsible adult! Oh if I had a pound for every 16 grand I'd forgot about I'd be rich Good grief Link to comment Share on other sites More sharing options...
sbpark Posted January 27, 2017 Author Share Posted January 27, 2017 Oh if I had a pound for every 16 grand I'd forgot about I'd be rich Good grief Yeah, wouldn't that be nice, right? Trust me, I've been very irresponsible with money all my life (not knowing about that retirement account as a prime example). And it's not like i have loads in the bank, etc. I live in a 405 square foot cottage (moved out of a house several months ago to save money), drive a Subaru and am just on a mission to get rid of all my debt and attempt to lan better for my future. It's not like I have crap guitars now. Just don't have as many, which I'm totally fine with. I'm in a good position now where I make darn good money, no kids, no mortgage, etc. Once I crush the remainder of my student loan debt I'll be debt free and can pretty much do whatever i want after that. Sacrificing for a short time to have a much easier future with more options is my goal. No guarantees by any means, but if I have to suck it up for a year, year and a half I think it's a risk worth taking! Link to comment Share on other sites More sharing options...
usernameinvalid Posted January 27, 2017 Share Posted January 27, 2017 Get them all out of their cases and on stands where you can just grab which ever one you want to play and play them when ever you want. After a year if you still feel like selling the Martins and getting a SJ 200 then go for it. Life is to short to worry about how many guitars you have or play. Link to comment Share on other sites More sharing options...
olie Posted January 27, 2017 Share Posted January 27, 2017 Yeah, wouldn't that be nice, right? Trust me, I've been very irresponsible with money all my life (not knowing about that retirement account as a prime example). And it's not like i have loads in the bank, etc. I live in a 405 square foot cottage (moved out of a house several months ago to save money), drive a Subaru and am just on a mission to get rid of all my debt and attempt to lan better for my future. It's not like I have crap guitars now. Just don't have as many, which I'm totally fine with. I'm in a good position now where I make darn good money, no kids, no mortgage, etc. Once I crush the remainder of my student loan debt I'll be debt free and can pretty much do whatever i want after that. Sacrificing for a short time to have a much easier future with more options is my goal. No guarantees by any means, but if I have to suck it up for a year, year and a half I think it's a risk worth taking! You're the first "irresponsible" person I've heard of who misplaces 16K in his OWN bank account! You've got a great case of Midas Alzheimers. Link to comment Share on other sites More sharing options...
sbpark Posted January 28, 2017 Author Share Posted January 28, 2017 You're the first "irresponsible" person I've heard of who misplaces 16K in his OWN bank account! You've got a great case of Midas Alzheimers. It's not in my "own" bank account. it was a retirement account that took pre-tax dollars from my paycheck and was put into a retirement account in my name, managed by an third-party investment company. Never knew about it, and thought I wasn't contributing anything to it the couple years I was with that employer. This is different than a checking/savings account. Link to comment Share on other sites More sharing options...
BluesKing777 Posted January 28, 2017 Share Posted January 28, 2017 It's not in my "own" bank account. it was a retirement account that took pre-tax dollars from my paycheck and was put into a retirement account in my name, managed by an third-party investment company. Never knew about it, and thought I wasn't contributing anything to it the couple years I was with that employer. This is different than a checking/savings account. Scots accent: "Could ya lend us a quid - ya know I'll pay ya back?" BluesKing777. Link to comment Share on other sites More sharing options...
Murph Posted January 28, 2017 Share Posted January 28, 2017 While I do have a wall full of electrics, I've only had 1 acoustic guitar at a time for my entire life. I rarely ever play the electrics, but I do play the mandolin quite a bit lately. Link to comment Share on other sites More sharing options...
fortyearspickn Posted January 28, 2017 Share Posted January 28, 2017 Everything's relative. You could probably construct an algebraic equation solving for X' where 'X' represents the Value (volume x cost) of guitars a person should have. MI = your monthly income (ten year average) SD= your student loan debt CCD = your credit card debt CD = your CDs IRA = your IRA's A= your age PSS = projected monthly Social Security Payments net of Medicare premium deductible DC = # of dependent children M= # of motorcycles FB= # of fishing boats AP = alimony payments SFC = square footage of the cottage you live in AC= the age of the car you drive CP = your monthly car payment BB = monthly beer budget FF= family food/ monthly caloric intake x $5 per calorie THE MAGIC FORMULAE: MI - (BB) =X In other words, However much money you have in your pocket, after you've gotten paid on Thursday and buy your 12 Pack on the way home, is how much you can spend on guitars. Whatever $ is left over is what can be spread out to pay off things like Mortgages, car payments, student loan debt and food. For me - the answer was X = 3 . Link to comment Share on other sites More sharing options...
blindboygrunt Posted January 28, 2017 Share Posted January 28, 2017 You don't want the IRA involved 😮 Link to comment Share on other sites More sharing options...
Pittgibson45 Posted January 29, 2017 Share Posted January 29, 2017 Yeah, wouldn't that be nice, right? Trust me, I've been very irresponsible with money all my life (not knowing about that retirement account as a prime example). And it's not like i have loads in the bank, etc. I live in a 405 square foot cottage (moved out of a house several months ago to save money), drive a Subaru and am just on a mission to get rid of all my debt and attempt to lan better for my future. It's not like I have crap guitars now. Just don't have as many, which I'm totally fine with. I'm in a good position now where I make darn good money, no kids, no mortgage, etc. Once I crush the remainder of my student loan debt I'll be debt free and can pretty much do whatever i want after that. Sacrificing for a short time to have a much easier future with more options is my goal. No guarantees by any means, but if I have to suck it up for a year, year and a half I think it's a risk worth taking! That makes a lot of sense. If you have no dept at all then it wouldn't take very long to save up the money for what ever guitar you want. Link to comment Share on other sites More sharing options...
Willie King Posted January 29, 2017 Share Posted January 29, 2017 I may have too many guitars but that is a problem I can live with. Link to comment Share on other sites More sharing options...
BluesKing777 Posted January 29, 2017 Share Posted January 29, 2017 I may have too many guitars but that is a problem I can live with. Ha Ha! I'm going to get rid of some of mine! And then I am going to buy a whole lot more! Ha! Too many I want to try. BluesKing777. Link to comment Share on other sites More sharing options...
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