This is a group of predominantly young computer-people. They are not going to be wise to depreciation or the effects of old age. If I buy a new video card, wh

This is a group of predominantly young computer-people. They are not going to be wise to depreciation or the effects of old age. If I buy a new video card, when I open the box its resale value instantly drops perhaps 50% of its price, and in perhaps two years its resale value is "you're gonna have to pay me to recycle that for you...". Money spent on computer hardware in 1981 dropped in value to $0 if not less by, perhaps, 1983. The experience is worthless, or negative worth, on your resume (trust me on that one) If you're a computer-person, money spent is money wasted, in the long run. 28 years ago I got a nice full set of fractional/number/letter drills in a Huot case. Instantly when I opened the package its value dropped from whatever it was sold for, to $10 at a garage sale. I get 28 years of use out of it, some are getting a little shorter from resharpening or have been replaced, and I could still get $10 at a garage sale. If I sold my drill bits to raise $10 today, I'd just have to rebuy them again in a month or two at full list price and eat the substantial depreciation a second time. Its not like my world is going to run out of things to make holes thru. I'm not wealthy enough to buy the same tools over and over; likewise I'm not wealthy enough to buy cheap tools that fall apart such that I have to buy them over and over. I'm not wealthy enough to rent things I use on a regular basis. Actually I am wealthy enough now, but character traits like this are exactly the cause of why I'm wealthy enough now. Minimization of total overall lifetime system cost. Nobody ever got rich by spending more money than is necessary. Now multiply the set of drill bits by every other capital good / tool I own, and in some capital intensive hobbies it adds up. And there's really nothing wrong with that. That's how you end up with (old) carpenters having $30K shops like my accountant neighbor, or (old) bakers with $1K of gear, (old) ham radio operators with $10K radio stations... At least with some hobbies, not making dumb decisions adds up over time.