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Are Enthusiast Products Expenses or Assets?
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I think in the general vein of the conversation, we are taking "asset" to mean an object that still retains (reasonably good) monetary value after purchase. For those of us who buy used and are able to sell again at zero/minimal loss, it's kind of like saying we're investing our money in gear rather than in the bank.
I understand most people in enthusiast communities prefer to see assets as objects that don't lose as much value as other things, but that sounds like a world where everything is expected to be worth less tomorrow than it is today.
With people experiencing negative interest rates at banks in some countries, that makes sense, and comparing money in the bank with money in gear is a fair comparison. But eventually monetary policy will make compound interest work again for people like us who don't use private jets like Uber.