05-11-2012, 12:25 AM
Hi,
I love this subject when it comes up. I remember when I bought my self a new mill which cost me $5200 and family and friends would say, have you got jobs lined up to get your money back?
I would reply with, it's a hobby, are you going to make money on that $20,000 bike, $50,000 boat, $3,500+ golf clubs or whatever it was they where into?
Of course they would say no, then I ask them why should my hobby be different to yours and have to make money? This sort of sat them back and made them think.
People have this perception that because it's a machine and you can make things with it, you need to make money off it like a business, but they all come to me to fix there hobby toys never the other way around, funny that. LOL
If I won a boat or something like that in a raffle tomorrow, I would sell it strait away before loosing it's value to buy more tools. My interest is in the shed.
As for diamonds and stuff like that I see no value what so ever. I made my wife simple matching 316 SS rings on the lathe as I grew out of my old wedding ring and she loves it more than the original one because I made it and they are matching.
She showed the ladies at bowls who all wanted to buy one, but like I said to her they are a one off for me and her, I don't want every one having one the same one or similar.
Dave
I love this subject when it comes up. I remember when I bought my self a new mill which cost me $5200 and family and friends would say, have you got jobs lined up to get your money back?
I would reply with, it's a hobby, are you going to make money on that $20,000 bike, $50,000 boat, $3,500+ golf clubs or whatever it was they where into?
Of course they would say no, then I ask them why should my hobby be different to yours and have to make money? This sort of sat them back and made them think.
People have this perception that because it's a machine and you can make things with it, you need to make money off it like a business, but they all come to me to fix there hobby toys never the other way around, funny that. LOL
If I won a boat or something like that in a raffle tomorrow, I would sell it strait away before loosing it's value to buy more tools. My interest is in the shed.
As for diamonds and stuff like that I see no value what so ever. I made my wife simple matching 316 SS rings on the lathe as I grew out of my old wedding ring and she loves it more than the original one because I made it and they are matching.
She showed the ladies at bowls who all wanted to buy one, but like I said to her they are a one off for me and her, I don't want every one having one the same one or similar.
Dave