You're NOT losing money

[Moad14]

Yeah but that's not an example that fit the situation.

 

I tried fitting the situation many times and it didn't work, so I'm taking a different approach.

 

 

 

What I tell you is that the cost of bragging rights, stylishness...etc... is the drop in value. If the item rose in value... then you got profit and not cost.

 

I already mentioned that many santa hat owners have no intention of selling. You can not profit off a stat-less hat which you are not merchanting. Even so, you still value it.

[bedman]

Not a broken record... a stubborn and faulty record. Coins are the monetary exchange items is RS. How do you value one's possessions then if not by their value in coins? What is the worth of my 69M GPs? Lots of items in RS are not hard to earn, they still have a value according to the market (supply and demand) except most quest items. Can you show me a "more important way" to value your possessions?

 

Sentimental values, usefulness, stylishness, bragging rights, and other such values count as well. Do you value your home at only its monetary value in real life? Would you not also consider the countless hours invested in upkeep and shopping for furniture, the location and convenience, and the memories you created in your home as well as the actual cash value? Often you'll hear stories of developers trying to buy a farmer's land to build a mall, et cetera, and he won't accept even fantastic offers. His family has farmed that land for generations, and he doesn't value it in solely monetary terms.

 

 

 

Try to explain that so the buyers of your house. Good luck on getting a few extra mill cause you value it higher cause of sentimental [cabbage].

 

 

 

ps: I know you will come up with "if it has that much sentimental value, I wouldnt sell it".

[Moad14]

If it had that much sentimental value, why would I sell it?

 

 

 

 

 

But really, why buy a house if you don't plan to stay there?

[bedman]

I knew you would continue on to that.

 

 

 

The reasons you are selling it dont matter at all for this discussion. I was just pointing out that, IF you somehow want to sell your house, you cant come up with arguements as sentimental value to achieve a higher price.

 

 

 

but I think I'll leave it at this, You dont seem to understand.

[Moad14]

you cant come up with arguements as sentimental value to achieve a higher price.

 

Really, you can't? Darn, and I thought my house was worth millions. -.-

 

 

 

My point is, on an object you never intend to sell, your value of it is not tied to what it's currently selling for in the nearest market.

[langer]

you cant come up with arguements as sentimental value to achieve a higher price.

 

Really, you can't? Darn, and I thought my house was worth millions. -.-

 

 

 

My point is, on an object you never intend to sell, your value of it is not tied to what it's currently selling for in the nearest market.

 

 

 

I have to agree with that. But the OP was stating people ranting about the loss in money from their investment. So in that case, it means they value their investment based on the market. From that perspective, it depends on what the buyer wants to do with his item. I guess we have a case closed - at least between moad14 and me.

 

It was a nice debate tbh.

[bedman]

you cant come up with arguements as sentimental value to achieve a higher price.

 

Really, you can't? Darn, and I thought my house was worth millions. -.-

 

 

 

My point is, on an object you never intend to sell, your value of it is not tied to what it's currently selling for in the nearest market.

 

You have a point there, but still, from a technical viewpoint, if your house has devaluated on the market, you have lost networth

 

 

 

Say there is a crisis and you are forced to sell your house. In the case that your house has risen in value (which you say, you dont care , cause you plan to stay there forever, which is a very valid reason), you will be better off, than in the case that it has fallen in value, right?

 

 

 

Call me money obsessed, but I'd rather have items with the knowledge that they wont go down a lot, if I plan to ever sell them.

 

That's why I still dont have a godsword (allthough, they are pretty stable atm). I wouldnt find it fun to see my 110M sgs go down to a mere 37M. Especially since I wouldnt use it a lot anyway.

[Moad14]

I have to agree with that. But the OP was stating people ranting about the loss in money from their investment. So in that case, it means they value their investment based on the market. From that perspective, it depends on what the buyer wants to do with his item. I guess we have a case closed - at least between moad14 and me.

 

It was a nice debate tbh.

 

It appears that we merely had different conceptions of what pureprayer implied. It was fun, but you can see that by the end there I was ready to end it. ;)

[Troacctid]

If you buy a whip for 1,545,436 and sell it for 1,545,430 AND THEN pick up 6 gp on the floor its no money gained or loss.

 

 

 

*Waits till someone notices*

 

 

 

[hide=]Ill fix it when someone notices =D>[/hide]

 

Ironically, you didn't notice when I noticed it. #-o

[langer]

I have to agree with that. But the OP was stating people ranting about the loss in money from their investment. So in that case, it means they value their investment based on the market. From that perspective, it depends on what the buyer wants to do with his item. I guess we have a case closed - at least between moad14 and me.

 

It was a nice debate tbh.

 

It appears that we merely had different conceptions of what pureprayer implied. It was fun, but you can see that by the end there I was ready to end it. ;)

 

Yeah , some arguments can degenerate easily on this board. I'm glad some of us still have the ability to argue passionately and with civility.