Archived posting to the Leica Users Group, 2015/12/21

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Subject: [Leica] Go ahead, buy that Leica
From: mark at rabinergroup.com (Mark Rabiner)
Date: Tue, 22 Dec 2015 01:45:10 -0500

I'm not a finance guy but have hung out with them  they let me listen in on
their conversations as long as I don't ask too many questions.. And this
whole thing about it being a given that you never borrow money to get a key
piece of equipment for one of the main things you do in life I think would
be a surprise to them.
I don't think its the same as borrowing money to buy a mink drivers wheel
cover for your car.


On 12/22/15 1:38 AM, "Mark Rabiner" <mark at rabinergroup.com> wrote:

> I got a loan for my first Hasselblad and lens and Balcar strobe kit and
> Gitzo Tripod using my car for collateral as I  could not afford a big
> business loan. It was certainly worth it. It got me starting in pro
> photography. Without it it would not have happened. I'm curious what's so
> horrible about getting a loan for a needed tool for your profession or very
> serious hobby? I did not know it was a no no.
> 
> 
> On 12/21/15 10:35 PM, "Doug Herr" <wildlightphoto at earthlink.net> wrote:
> 
>> Jayanand Govindaraj wrote:
>> 
>>>>> 
>> Peter,
>> I would agree with you with one major financial caveat (I am also a 
>> finance
>> professional of over  40 years experience, by the way) - if you can 
>> afford it
>> without depriving your family of essentials, without taking a hit on basic
>> savings,  and most importantly, not on borrowed money. If you have any 
>> type
>> of
>> short term loan outstanding, pay it off first, it is a much, much better 
>> long
>> term deal. Use cheaper tools till you can genuinely afford Leica 
>> equipment it
>> without financial strain.
>> <<<
>> 
>> Mostly agreed.  I'm currently using a cheaper tool but... I'm on the 
>> verge of
>> selling my Sony and going without until I save the $$$$ for the SL.  No 
>> way
>> am
>> I using a credit card or any other loan of any kind.
>> 
>> The Sony's buttons are too many, too small and too close to each other
>> especially with winter gloves.  Very frustrating to use.  My 500mm lens is
>> also a cheaper tool.  I can tolerate its foibles because its weight and 
>> price
>> tag are below my upper tolerance limit.
>> 
>> Doug Herr
>> Birdman of Sacramento
>> http://www.wildlightphoto.com
>> http://doug-herr.fineartamerica.com
>> 
>> _______________________________________________
>> Leica Users Group.
>> See http://leica-users.org/mailman/listinfo/lug for more information
> 
> 
> 




-- 
Mark William Rabiner
Photographer
http://gallery.leica-users.org/v/lugalrabs/




In reply to: Message from mark at rabinergroup.com (Mark Rabiner) ([Leica] Go ahead, buy that Leica)