The Reality Of Investing In A Piano - Let's Talk
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- čas přidán 27. 12. 2021
- Today we discuss if pianos are a good investment and how it will pay off in the future! Pianos can be an amazing opportunity to equip a lifelong hobby or just have for pure entertainment. Other aspects of buying a piano can be appreciation or depreciation along with maintenance. Alamo Music Center can happily help you decide which piano you want for a lifetime!
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A piano is a investment in y mental health. I got a new Kawai GX2 for Christmas and am thrilled.
i got a Mason and Risch Cameo 64 key spinet for $200! It means the world to be. I origional owners were so happy that im going to have this piano because it was a family heirloom and will be cherished my a music lover. Ive kept in touch with them and post them videos of me playing the piano.
Yes, a real fun video. Many relatable points to other instruments too!
Yes, a really fun video, and relatable to a lot of other instruments too!
Nice video guys
If you buy a new Steinway B now at $94k, next year its worth $55k. But there is a sweet spot in used pianos where there is plenty of life left and you can buy low and see it be worth more in 5 or 10 years. But there are too many variables for a non expert to always find that spot. But playing music is priceless!
Please post one more video before the end of the year.
Great discussion! Definitely a great investment! Investment in happiness, mental health. In fact, investment in music is always great. I bought a Yamaha U3A for my son and myself and I would say, it is one of my best investments. It is Art and beauty besides great sounds. And I believe the value will last very long. Aged wood is really good. Investment in music education is always great!
I don't know how much a Yamaha U1 was selling 40years ago but it still sells for 5000$. You don't get back the full value but it doesn't plummet like a Young Chang or Pearl River. Yamaha and German brand get a good selling value. Steinway also.
So I’m the first minute they answered the question asked in the title. Answer: no pianos are not good financial investments. They depreciate like cars. Unless you find the Steinway from the Titanic and and restore it. Lol
ALWAYS look at a musical instrument purchase as a price per hour.
Cats: Soft, playful, mobile furniture
Pianos: Hard, playable, stationary furniture
Sometimes you can get lucky with furniture and the dollar value goes up over time.
My aim is just to learn to play by hear.
Will I be better buying a digital piano or a midi keyboard with 88 weightedkeys?
Please suggest a model 🙏
Thanks & regards
I'll throw the midi keyboard out my window, hope it clears the doubt!
@@leoleondre2425 if possible suggest the one digital piano I must buy. 🙏
@@leoleondre2425 damn right! there are tons of free pianos you can get. just pay delivery and tuning.
From an investment standpoint, the measure of a good investment is one which beats the S&P500 index. For the past 10 years the S&P index has risen by about 240%. It’s kinda doubtful that any piano is going to increase in monetary value by 240% over a 10 year period. ;-)
I thought I'd slept until April 1st..