Author: m1964
Date: 2019-12-09 21:34
On 12-9-19 smokindok wrote:
"In reality, don't feel that you missed out. If you put that $5,000.00 into a S&P 500 Index ETF on January 1, 2001, the true annualized return would have been 5.66%, giving you over $13,000.00 on December 31, 2018 to buy that low C bass this year. That includes miserable years with significant losses in 2001, 2002 and 2008. Low C bass value has simply kept up with the S&P 500."
I understand that everything is going up in price, not only musical instruments.
However, the prices on new pro-level clarinets seem to be very high.
I guess if I made living playing clarinet, I would feel differently.
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