I no longer buy Blu-ray movies :(

[camper]

Originally Posted by wormraper

I look at the people on here saying that buying movies is a waste of money and that buying houses (even just a bigger house) is a an investment.

A house is an investment because it will increase in value. Blu-Rays do not, hence they are not investments.

I wouldn't call buying blu-rays a waste of money (or any hobby that brings enjoyment, really) but there is certainly wiser places to put your money in the long term.

Look at it this way: If you buy a house for 130k today, and in 5 years its up to 150k, you now have 20k you can spend on blu-rays. However, if buying blu-rays takes precedence over buying that house (or you can't afford it because of the blu's) in 5 years those blu's will not be worth crap.

Consider how many people here are dumping the DVD collections they 'invested in' for 1/10th of what they paid for them. Do you really think there won't be a better media than Blu-Ray within 5-10 years?

Hence why, from a purely financial standpoint, putting money into a collection is a waste compared to putting that same money into a house.

But I think most people who have a particular hobby know it's a hobby, and treat it as such--only spending what money is left over from all their other expenses on it. Although, with the average consumer credit debt each person has, I think that more people rack up their cards on hobbies they can't really afford, but I digress.

~Camper