Archived posting to the Leica Users Group, 1997/08/04
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>> No question the M6 is a better
>>long-term investment, but what is the justification for the immensely
>>higher initial cost?
>
>I hate to break it to you guys, but if one of us put $5,000 into the
>newest Leica gear and another put the cash into a mutual fund or even an
>interest-bearing bank account, after 10 years the banker would have a
>much better return (inflation-corrected). Plus, the cash would be not be
>tied up in a collector's market whose prices fluctuate considerably. Buy
>a Leica if you want a first-class camera. Call your financial analyst if
>you're looking to make an investment.
>
I think you missed the point. Compare the resale of the Leica after XX
years with the resale of Brand Y _camera_. The Leica will likely be better.
The idea is not to invest for profit, but to get a better re-sale value.
kw
- ----
Ken Wilcox Carolyn's Personal Touch Portraits
LHSA, MEA, LAW preferred---> <wilcox@umcc.umich.edu>
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