Guitar investment

[guitarsan]

If you're really into collecting and investment alone, go for vintage or rare guitars. Those 50's-70's classics, or rare and discontinued models, or those that have an interesting history behind them. I'm talking about REAL vintage here, NOT those reissues or "relics". It's an interesting hobby, but be an educated buyer (important!) less you get cheated. And be prepared to spend much MORE than $3K. Best place to buy is overseas or the internet.

It may be a problem if you want to collect AND play as well. Not all oldies are goldies. Vintage guitars may or may not play better than modern guitars, sometimes worse! And if you modify or change the guitar parts, its $ value will drop. Also, are you willing to take your $16000 original 1968 Fender out for gigging?

:wink:

 

[Guest]

hi steel,

If you are talking about Singapore, i don't think we have a good market here for what you are planning to do. Many challenging factors to consider. How many pple actually appreciate vintage guitars and put a good value to such guitars? 10 years from now, guitar-making & guitar parts technology is probably gonna change quite abit. Until then, the general behavior is that the average guitarists would rather spent their money on the latest model, instead of a vintage model.

If it is about making money, i would put my $3k with a bank that has good fixed deposit interest rates, compounded interest over 10 years will bring you good money, at least to offset the inflation?

And the thing about guitar collecting is this: why bury the full potential of a good guitar for 10 years by trapping it in storage, when you can get so much satisfaction out of playing and feeling it, and not limited to just viewing it?

All in my opinion.

 

[edder]

fixed deposit ain't gonna make you rich even for 3k

BESTESTEREST interest rate for fix deposit will be at Maybank at a measly 1%. Go ahead and get rich guys.... while I spend more money in Made In Korea guitars.

Remember 30 years ago Made in Japan guitars were cheap? Now their value is pump up to the sky. I'm banking on MIK guitars... so in 30 years when I retire I can sell em all and make a KILLING.

Did anyone of you just read all that? Damn you must be too free!!! Invest your money elsewhere and not on musical instruments. 3K is NOTHING when it comes to investments.

 

[Guest]

check this out:
http://www.standardchartered.com.sg/cb/deposit/esaver_interestrates/

StandChart e$aver is not even a fixed deposit account, and it can fetch you 1.8% interest. (used to be 1.88% for quite a while). i know this is out of topic, but for the good of everyone reading this, in case you haven't know about the e$aver offer...

ok, back to the topic, i do agree with edder on the period. 10 years is abit short, perhaps 30 years or more will make a collectible more rare and valuable.

 

[edder]

At the moment I'm getting that kind of rates from OCBC, it goes something like an initial input of 10k, they'll give you a nice interest rate and then if you signup for an interbank transfer of minimum $200 you'll get even more. Total time down time for the $$$ is 1 year.

Good info on the standard charted.

 

[Impromptu]

guitar and its accessories are NOT investment. Period. :lol:

Wait... unless you are talking about hundreds thousands of dollars, it can be considered as investment. Then you can start collecting exotic guitars like Clapton's Blackie, SRV's Lenny, Clapton’s 1964 cherry-red Gibson ES-335, Clapton's 1939, 000-42 Martin etc

 

[edder]

The older the artiste the better aka their time will come soon and your investment will bear fruit.

But then... don't get those Signature series... no mojo, no value. Get those that are auctioned at Sotheby's and other auction houses or steal one from Hard Rock... hur hur hur... that's what I call investment.

 

[df]

People, the thread starter never said he could play the guitar...

 

[gkinsingapore]

http://cgi.ebay.com/EVH-Fender-Cust...7QQihZ006QQcategoryZ33039QQrdZ1QQcmdZViewItem

300 pieces, sold out in 15 minutes, already being sold for nearly 5k over list price in the space of a week.....