Wednesday, July 27, 2005
- How many books have you bought but not read (yet)? It depends. Some books I buy are for reference; I know I'll need them some day for my research -- books on central banks, or econometrics, for example -- but they might sit for months before I use them. If that was included, you could be looking at 40 or so. If it's simply books I intend to read sitting in the pile behind my recliner, that pile has 11 books right now.
- How many unopened CDs do you have? 6. I just looked. Since I buy online and get volume and shipping discounts, I think this makes sense. I play one CD over and over until I feel the need to open the next.
- How many times have you bought a book or CD, only to discover you already own it? Three times -- two CDs and one book. One was intentional to have the CD both at home and in my car.
- How many unopened DVDs do you have? None. I really don't buy many DVDs, owning maybe ten.
- How many tools or appliances have you bought in case you might "need" them and not used yet? Traditional tools? I'm of the Red Green school of repair -- I only own duct tape. Even that, I don't use much. I just go buy a replacement. Appliances for the house, no, because Mrs. S is adamant about not having clutter. Extra computer stuff, OTOH, I'm bad. A closet full.
If real interest rates are low, purchasing assets or even consumer goods with little depreciation even when used seems to make some sense.