I like used GWs.
I would have never guessed lol
I like used GWs.
22 jackets
Sum $14,806
Average $673
Median $760
Min $153
Max $1,250
I have them all on a spread sheet.I’m not doing this exercise. Ignorance is bliss.
I have them all on a spread sheet.
That's a good point about the second-hand jackets. Even second-hand, I often see Thedi, Lost Worlds, and the elite brands running over $750. That's still a LOT of money. I will not pay more than $500 for a used jacket. It's not a matter of "Can I afford it?" I don't want to end up with a $10K+ investment hanging in my closet that is not substantially growing in value at the cost of "making me happy." 20 jackets at $750 each=$15,000
I own three used Aero's that cost me $400US or less and two new ones that cost me less than $700. The Aero's and Schott's of the world have allowed me to dabble in this hobby without breaking the bank. Unless increased production allows GW to lower its prices(subsequently lowering the price of used jackets), I don't think they will ever be as popular as Aero. It really comes down to financial accessibility.
I admire the people who actually do the work. GW has the business model I respect. Dave Sheeley is another maker who I admire because He is committed to quality. They are the real deal. Theodoros Pampoukas, is also a great innovator and love his dedication to his work. Owners from companies in New York turn me off because their first words in a conversation are usually to let you know they will be charging you more for any little thing that do not take extra time or effort. These owners of companies are a turn off for me because of pure greed. I understand that they are in the business to make money, but I think their vision gets a little blurry in balancing good customer service and profits.
I admire the people who actually do the work. GW has the business model I respect. Dave Sheeley is another maker who I admire because He is committed to quality. They are the real deal. Theodoros Pampoukas, is also a great innovator and love his dedication to his work. Owners from companies in New York turn me off because their first words in a conversation are usually to let you know they will be charging you more for any little thing that do not take extra time or effort. These owners of companies are a turn off for me because of pure greed. I understand that they are in the business to make money, but I think their vision gets a little blurry in balancing good customer service and profits.
When one is older, go for it. We can't take it with us. But a note for the younger folks. If you have $10K of jackets in your closet today and keep them for the next 35 years...that same $10K invested wisely would be worth $81K in 35 years based upon compound interest at an average annual return of 6%, ie a good mutual fund.
In a manner of speaking, it could be costing you about $2000 per year to keep those jackets around. Of course, that is assuming they maintain their value. It would be nice to think that they would increase in value over the next 35 years, but personally I would not count on that. ....just something to consider.
Can we change your name to buzzkill? Haha. Another exercise I can do without.
When one is older, go for it. We can't take it with us. But a note for the younger folks. If you have $10K of jackets in your closet today and keep them for the next 35 years...that same $10K invested wisely would be worth $81K in 35 years based upon compound interest at an average annual return of 6%, ie a good mutual fund.
^^ hear hear
And then you die with 81k on your bank account.
If you have to think about the monetary value of the jackets in your closet, then maybe you should buy less. Otherwise, enjoy what makes you happy and let the money be the means to that end.
^^ hear hear
And then you die with 81k on your bank account.
If you have to think about the monetary value of the jackets in your closet, then maybe you should buy less. Otherwise, enjoy what makes you happy and let the money be the means to that end.
Nothing is permanent.
+1
My dad died last Christmas, he never did anything he enjoyed during his life, he never splurged on anything, for him spending money on anything that wasn't a necessity was stupid.
The only extravagent purchase he ever made was buying a Tesla Model 3, ordered it at 68, took delivery at 71, died at 72 having driven it less than 2000 miles. He left 100.000k behind in his current account.
Honestly, the saddest thing about his death was that he iterally never did enything he enjoyed and the only thing he ever spent money on, he didn't get to use because he was too sick to do so.
My cousin always says "there is no point being the richest man in the cemetary" and although my dad was not rich, he ilustrated this point perfectly to me.
I would rather spend some of my money on things i will enjoy during my lifetime than hoard it all and die knowing i never did anything for myself but left a bigger number on my bank account.