can't believe my 5R has lost almost half value in 7 months

Started Sep 2, 2013 | Discussions thread
zackiedawg Forum Pro • Posts: 30,993
Everybody's math is different. Mine is...

Here's how my math works.

I buy a camera.  Let's say it costs $600.  I take photos with it, which bring me great pleasure.  I'm going to say, very conservatively, that every photo I snap averages out to at least 10 cents of pleasure.  Some might be $5-10 worth of pleasure, others might be $ I'm conservatively averaging it out.  Over a year, I'll take roughly 15,000 photos with that camera.  So after 1 year, I've gotten about $1,500 worth of pleasure and fun out of that camera, that cost me $600.  It's value might have dropped to $250, even $200, for resale purposes, but since I'm already $900 ahead in the pleasure it has given me, I've already turned a profit from the camera, even if I give it away to a friend or family member.

Now, if I was buying the camera to sit unopened in its box, and using it as an investment vehicle to fund my future retirement, hoping to resell it at a profit that outpaces inflation, I admit I think I'd be sorely disappointed.  Fortunately, that's not what I buy them for, so all works out beautifully in the end.

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