Spending 1500$ on CDs in one sitting or spending 1500$ on CDs over time is exactly the same thing. It doesn't matter how you spent it or how long it took you to spend it, it's the same amount. The only thing irresponsible about spending 1500$ on CDs in one payment versus over time is if you spend that money irresponsibly and neglect personal or financial stability to do so for a hobby. But the same goes for any kind of spending.
If someone comes along that's interested and responsible enough and financially stable enough to want it, more power to them. It's going to be hard to find that in this hobby, though. He is certainly correct about selling them individually though. A few will sell and the rest will just sit there.
|