Re: $7,500, 25 year old


Dough wrote
I am 75 years old and one of the things I have learned is that $7500 can buy things you need or you can save it and go through the misery of getting old and then leave it to your kids when you die. You can buy something ......

Now that is words of experience and wisdom.

On another note, having kept meticulous notes on my adventure and records of every 1200 eBay auctions or so I used to put my shop together, I think there is a very valid point as to investment and long term potential of certain types of tooling and machines. The theory I have developed is the merging of three trends.

Firstly, there was a confluence of events that peaked a couple of years ago. In the middle of this decade, just about everybody with a pulse had internet and enough spare time to make loitering on eBay replace Saturday morning garage sales and Sunday flea markets.

Secondly, the same period became the zenith of dismantling of American manufacturing and wholesale abdication of making stuff to anybody that didn't reside in North America. I pulled out a pair of Cannondale bicycle shorts from my triathlon days twenty years ago for a gym session. I was actually shocked and had a double take. It was made in USA. Do you really think there is a tree with brand new, in the box, 20 year old Albrecht chucks growing on it or does that happen to be what fits in the pocket the day a hard working family man gets a pink slip in an old plant?

Thirdly, more and more people like me that supposedly are specialists in their fields, yet for months their hands touch nothing except keyboards and phone pads as a measure of productivity are answering the call of man cave fumes.

These trends culminated in a communal orgy of tool swapping. Starting with the pouring of a 10 by 30 slab in the back of my 60 year old guest house, I spent less than the msrp of a rice rocket to put together a state of the art tool room, circa 1949.

I am convinced that there is a J curve effect, where the farther we get from the era of manual manufacturing in America, the more valuable a living, functioning 1949 tool room will become. I am not so sure the same is true with a room full of Rong fus. They just don't smell right no matter how accurate they are.

The same trend may explain why a Clausing 8520 consistently brings $1,700 dead or alive when Bridgeports garner no bids at $2,500.


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