Confessions From A Tool Junkie...i had to say no to a tool, and i feel remorse and shame....

What's wrong with buying tools/machines as an investment. If you find a great deal, why not buy it then sell
it?


Nothing wrong with that but be very careful because:

1. Vintage tools are undervalued. Often, I have to convince my customers why it is better to buy a quality vintage tool/piece of equipment rather than a new, Chinese made POS from a big box store.

2. It's too easy to fall in love with your investment and just keep it.

Morale of my post: Make sure that you buy low & sell high. Over the years, I've seen prices go up and down. It's a fun hobby, but not a living.


Happy Trails!
 
Confucius said 'the rich man is not he who has everything; it is he who appreciates what he has'.

So, in spite of his wise advice, I keep myself poor by constantly buying beautiful old machines, then struggling to find space for them while wondering how I'm ever going to find the time to restore them...

Sound familiar?

:))
 
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