In a weird way, COVID is giving me new perspective on hobby budgeting. From last week's turmoil, does it change anyone's perspective on buying and selling hifi gears?
Funny, I do actually fund, at least in part, my audio purchases through the profits I make actively trading. I was fortunate enough to aggressively divest about three or four days prior to the market peak, mostly due to fear of overvaluation. On the other hand, I put quite a bit back into gold, which hasn't taken off as much as I expected. Still, I ended up with some real headphone purchasing power. I keep my headphone/stock market hobbies financially separate from what you might call operational expenses, so losing money in the market would never threaten the mortgage or anything like that. Fundamentally, I'm a pretty risk-adverse and tightfisted individual, so not much change in perspective possible there.
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