Sell Or Keep?

[Guest Prosis]

I'm in deep do do financially...and although I know that would not make me rich, a little 100$ would not hurt.

 

I have a signed copy of Loser Anthems by all four members of the MGB (and I didn't put this is the Marketplace forum because I didn't decide whether I would sell it or not).

 

I saw a used copy for 80$ on amazon.ca and I thought that an autographed one could go a little higher price wise.

 

Should I sell it?

[Computer]

I think they go for around 30-50 unsigned

 

I got mine signed in Toronto by Matt, and wouldn't ever sell it.

[hum-an-ole]

I don't consider selling your possessions a good way to get out of debt because it's a temporary solution to what is usually an ongoing problem. I say figure out why you're in debt and try to change that. Is it possible to find an extra source of income? Or is minimizing your cost of living an option?

[Ravenous megin-sane]

i wouldn't sell it. i'm sure there are other things you can sell before that.

 

if you're seriously in debt, like thousands or dollars, i don't see how it would be too much help anyways. plus i'm sure that it has more of a emotional significance than a hundred dollars.

[Guest Prosis]

Well I'm not seriously in debt but will be because we're buying a house ;)

 

But for the moment, it would only serve as a personal expenses thing given that it's sitting in my CD tray and picking up dust.

 

And the main reasons why I'm in debt are: school + wedding + my company on which I've spent a lot but have yet to have a contract...

 

That said, I will get out of it sooner or later, but until then I'm really tight. And since I'm not a big spender at all, I thought hey, if I can get 100$ for it, I'll have enough to do the things I like to do like going to the movies, restaurant, at least for a little while.

 

So considering this, no small amount is negligible...:angry:

[Ravenous megin-sane]

go to an independent financial planner.

 

they help. and they're free.

[Guest Prosis]

Really? I didn't know that

[Ravenous megin-sane]

yeah, if you go to an independent company. i'm not sure how it works at banks, i'm sure there's fees for something though.

 

 

i used to work at a financial company, and it was nice to see people get help when they need it.

[ToadMan]

It seems like an independent financial planner would only make money by charging you for a consult.

 

I wouldn't sell it, it's not going to give you a long term solution. Since you are going to end up bound to a strict budget in the end, why sell the disk? Unless you honestly value some paltry entertainment now higher than the continued possession of the disk.

[Ravenous megin-sane]

It seems like an independent financial planner would only make money by charging you for a consult.

nope. they get paid by the fund companies

[supercanuk]

I'd say if the CD means absolutely nothing to you then go crazy, but if it does carry some sort of sentimental value then keep it. It sounds like this is mostly for spending money for a few weeks, and well, those things never appreciate in value, but a signed CD does. Is there anything else you could sell for some cash? I would just stay away from stuff that COULD appreciate in value because if years from now you see that same signed CD on amazon for like 300$ you might kick yourself in the ass.

[Guest Prosis]

Yeah that is true...because I never listen to it anymore have MP3's and all...

[Some Random]

sell your ass instead.

[Guest Prosis]

My ass is married so it's not mine to sell anymore ;)

Edited January 23, 2008 by Prosis

[Moonlight_Graham]

ya if the CD has sentimental value then keep it, if not then sell it. Its cool to have but I mean its really just some plastic with some people's scribbles on it. A house, a wife, and family is more important than a cd.

[Hyphnip]

why don't you sell that sweet ass? you'll get more than $100 for that... at least $101

[Guest Prosis]

101$ instead of 100$??? Whay am I waiting for, I'm selling it and going out to part-ey!

[Shiri]

I say no. And that's all that matters.

[RicardoObviouso]

I don't consider selling your possessions a good way to get out of debt because it's a temporary solution to what is usually an ongoing problem. I say figure out why you're in debt and try to change that. Is it possible to find an extra source of income? Or is minimizing your cost of living an option?

dan, i don't mean to be an asshole, but if you're in financial 'do do' right now... you shouldn't be thinking about buying a home. but that's just the financial analyst in me trying to help.

 

as for your dilemma; if going to the movies or out for dinner makes you feel better than ownership of a rare item: do it. i specialize in wealth management, and one of the most common things i say and hear around my office is that 'spending money makes you feel good', so go get a taste of it and it will encourage you to make more of it.

[Guest Prosis]

Well the main reason I'm in shit is college. I only finished college a year ago and I'm still paying it. But my wife and I got everything covered to get me out of this even with a house...I was only pondering selling this so I didn't have to stop going to restaurants and whatnot whilst I'm getting rid of my debts...pocket money if you will.

 

But thanks for the help man! ;)

[hum-an-ole]

Some good points have been made. So what's the verdict?

Edited January 26, 2008 by Christing

[bishopx]

Hell no. You keep that shit.

[LonelyWreckage]

Forge it badly and frame it. Then just whack it alongside thousand of other shite artist forgeries on ebay.

[darrenbacker]

I have never sold a CD in my life. You will never get enough for it. Keep it for sure.

[decomposinglight]

Sell it, because if you're not using it, what's the point in having it? Especially when you need money. Plus it might mean something more to someone else.