bhagwan
Well-Known Member
I have used Simaudio - many years back;
2000 to 2002 I think....
Moon Eclipse 5 & the Pre 5 is what I had used.
I never liked it, so I sold it.
Maybe the newer models have improved.....
4 CDP's
- Thread starter ajay124
- Start date
I have used Simaudio - many years back;
2000 to 2002 I think....
Moon Eclipse 5 & the Pre 5 is what I had used.
I never liked it, so I sold it.
Maybe the newer models have improved.....
Hi Ajay
While I was waiting for my cdp to arrive I did try both the Sim 3.3 & 5.3 RS at my home.
I think the 3.3 is a decent performer at best. Reasonable articulate and detailed and neutral/ open sound. It did sound a little ragged at the top end compared to some other machines that I tried. External build is fair and the loading mechanism is just like any budget cdp which is something that irks. If u are looking for a player thats smooth / refined look elsewhere.
The 5.3 was a better player in every aspect and am sure is at a much higher price point.
I was told these sims excel when used in balanced but I only used it in single ended as the Accuphase amps have pin 3 as Hot as against most other gear (including sim) that stick to pin 2 as hot. I would have had to tinker with my existing cables which I was reluctant to do since I was not going to keep the Simaudios.
I dont know what price you are offered for these machines but if its about 2.5/2.75 then also consider the Esoteric SA 50.
Rgds
While I was waiting for my cdp to arrive I did try both the Sim 3.3 & 5.3 RS at my home.
I think the 3.3 is a decent performer at best. Reasonable articulate and detailed and neutral/ open sound. It did sound a little ragged at the top end compared to some other machines that I tried. External build is fair and the loading mechanism is just like any budget cdp which is something that irks. If u are looking for a player thats smooth / refined look elsewhere.
The 5.3 was a better player in every aspect and am sure is at a much higher price point.
I was told these sims excel when used in balanced but I only used it in single ended as the Accuphase amps have pin 3 as Hot as against most other gear (including sim) that stick to pin 2 as hot. I would have had to tinker with my existing cables which I was reluctant to do since I was not going to keep the Simaudios.
I dont know what price you are offered for these machines but if its about 2.5/2.75 then also consider the Esoteric SA 50.
Rgds
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Was referring to the local prices.
2.75L in HK?? Would have thought it was cheaper than that. Plus the thought of lugging this back and the element of duty and hassle at the customs.
I too would prefer the X05 to the SA 50 and have opted for it.
Rgds
ajay124
Well-Known Member
@Dinyaar,Prem
I have not auditioned Simaudio products but somehow I have never been convinced about their value for money quotient.I think I will let this one pass.Anyway I would rather bide my time and wait for a "dream bargain" on an Ayre,Meridian or Electrocompaniet.
I would love to have an Esoteric CDP.I am convinced by your recommendations and what I have read on the net that this would be the CDP to grow old with.Unfortunately it's outside my price point at the moment.
Having been short on stocks and commodities for the better part of 2009,I am in no mood to splurge on anything.I was quite pessimistic about global economic conditions (still am,as I don't follow all those hyped up TV channels and business daily's) but as long as the printing press's keep rolling,the bubble will not burst.I think one would need 10 years(two full cycles of pump and dump to discover all the unexpected pitfalls of the market)but then one would need deep pockets to merely survive and remain solvent for 10 years.And that's precisely what the big guys 'bank' upon when they 'churn' the markets.
I have not auditioned Simaudio products but somehow I have never been convinced about their value for money quotient.I think I will let this one pass.Anyway I would rather bide my time and wait for a "dream bargain" on an Ayre,Meridian or Electrocompaniet.
I would love to have an Esoteric CDP.I am convinced by your recommendations and what I have read on the net that this would be the CDP to grow old with.Unfortunately it's outside my price point at the moment.
Having been short on stocks and commodities for the better part of 2009,I am in no mood to splurge on anything.I was quite pessimistic about global economic conditions (still am,as I don't follow all those hyped up TV channels and business daily's) but as long as the printing press's keep rolling,the bubble will not burst.I think one would need 10 years(two full cycles of pump and dump to discover all the unexpected pitfalls of the market)but then one would need deep pockets to merely survive and remain solvent for 10 years.And that's precisely what the big guys 'bank' upon when they 'churn' the markets.
Market
I am a strong believer that going short or long based on our outlook is not the way to go forward, one has to be with the market wave and to have risk management is of utmost importance. If one is pessimistic about the market and related, the market still could go for a massive bull run, or should i say that the bear run could be much larger then we expected.
It is virtually impossible to know what big guys bank upon, the thought process keeps changing at the drop of a hat, at any given time there are players who play differently, so it will always remain a puzzle, till the world lasts.
If one will wait out for say 10 years, so that things could turn in their favor etc, often this is not going to happen, we need to balance our portfolio on regular basis because market dynamics keep changing.
Once the investment is done and if there are no returns even after a year or so, then the very purpose to make money gets partly defeated, true one of the ways out is to keep investing in piece meals, instead of showing strength at one go, but if in a phased manner if the instrument still does not perform, you need to walk away with the hit and look elsewhere.
V.
I am a strong believer that going short or long based on our outlook is not the way to go forward, one has to be with the market wave and to have risk management is of utmost importance. If one is pessimistic about the market and related, the market still could go for a massive bull run, or should i say that the bear run could be much larger then we expected.
It is virtually impossible to know what big guys bank upon, the thought process keeps changing at the drop of a hat, at any given time there are players who play differently, so it will always remain a puzzle, till the world lasts.
If one will wait out for say 10 years, so that things could turn in their favor etc, often this is not going to happen, we need to balance our portfolio on regular basis because market dynamics keep changing.
Once the investment is done and if there are no returns even after a year or so, then the very purpose to make money gets partly defeated, true one of the ways out is to keep investing in piece meals, instead of showing strength at one go, but if in a phased manner if the instrument still does not perform, you need to walk away with the hit and look elsewhere.
V.
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ajay124
Well-Known Member
@vinay
"I am a strong believer that going short or long based on our outlook is not the way to go forward,one has to be with the market wave and to have risk management is of utmost importance."
Agreed.100%.
But I don't have the patience for phased or piecemeal investments as my brief stint in stocks and commodities has been mostly in day trading futures.
But what I have seen about the general 'long term' investors in the cash segment is,that they are long term optimists,always looking for reasons(and inevitably being provided these reasons by the media) about why the markets will eternally keep rising.They are very happy when a bull run is on, but seldom know when to book profits.When the downturn comes they keep buying on dips(systematic investment plans)and are left holding the shambles of the stock market while the better informed guys have exited at every peak.
Currently,less as an investor or a trader,and more as a curious amateur researcher on the stock markets,I feel that the history of the Japanese stock market,the Nikkei and the Yen carry trade holds the key to what transpires in the market.Riding on a giant credit bubble the Nikkei peaked at 38,916 on December 29,1989.On March 9,2009 it closed at a low of 7086.Since then it has been struggling to hold on to the 10000 level.The foundation of every bull run in the market seems to be 'unnaturally' low rates of interest set by the central banks.Guess what would happen if the rates of interest set by the central banks in the ''developed markets" were to be gradually raised by 3-4 %.A giant sucking sound as the flood of money reverses and the markets dive to levels never seen before.
The good audiophile folks on the forum would be wondering how we drifted from cdp's to the carry trade.
Therefore back to business.
An interesting Audiogon discussion by what seem to be actual users of Meridian and Ayre.
AudiogoN Forums: Ayre C-5xe vs Ayre C-7xe??
"I am a strong believer that going short or long based on our outlook is not the way to go forward,one has to be with the market wave and to have risk management is of utmost importance."
Agreed.100%.
But I don't have the patience for phased or piecemeal investments as my brief stint in stocks and commodities has been mostly in day trading futures.
But what I have seen about the general 'long term' investors in the cash segment is,that they are long term optimists,always looking for reasons(and inevitably being provided these reasons by the media) about why the markets will eternally keep rising.They are very happy when a bull run is on, but seldom know when to book profits.When the downturn comes they keep buying on dips(systematic investment plans
)and are left holding the shambles of the stock market while the better informed guys have exited at every peak.Currently,less as an investor or a trader,and more as a curious amateur researcher on the stock markets,I feel that the history of the Japanese stock market,the Nikkei and the Yen carry trade holds the key to what transpires in the market.Riding on a giant credit bubble the Nikkei peaked at 38,916 on December 29,1989.On March 9,2009 it closed at a low of 7086.Since then it has been struggling to hold on to the 10000 level.The foundation of every bull run in the market seems to be 'unnaturally' low rates of interest set by the central banks.Guess what would happen if the rates of interest set by the central banks in the ''developed markets"
were to be gradually raised by 3-4 %.A giant sucking sound as the flood of money reverses and the markets dive to levels never seen before.The good audiophile folks on the forum would be wondering how we drifted from cdp's to the carry trade.
Therefore back to business.
An interesting Audiogon discussion by what seem to be actual users of Meridian and Ayre.
AudiogoN Forums: Ayre C-5xe vs Ayre C-7xe??
Being gifted with little wisdom I have only one option. No, not buying CDP's. I can't afford that. But what I can afford to do is do some research on MF's and plonk some odd grand that I would be otherwise spending on my favorite drink, on funds that the likes of a Prashant Jain or others of equal caliber are managing, every month and forget about it. Who knows, if I am lucky and the market visits the 8000 levels more than the 20000 levels for the next ten years, I just might be able to afford that CDP after all !!! If not, I can console myself by saying that 'Well, that much less of the favorite drink drunk !!! :lol:' Jap markets, well don't remind me of that. I am still looking at the glass as half full 
hyeah:
Regards,
@ss
hyeah:Regards,
@ss
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ajay124
Well-Known Member
Being gifted with little wisdom I have only one option. No, not buying CDP's. I can't afford that. But what I can afford to do is do some research on MF's and plonk some odd grand that I would be otherwise spending on my favorite drink, on funds that the likes of a Prashant Jain or others of equal caliber are managing, every month and forget about it. Who knows, if I am lucky and the market visits the 8000 levels more than the 20000 levels for the next ten years, I just might be able to afford that CDP after all !!! If not, I can console myself by saying that 'Well, that much less of the favorite drink drunk !!! :lol:' Jap markets, well don't remind me of that. I am still looking at the glass as half full
Regards,
@ss
@ssf
If you are interested in a cheap cdp/amp/ (maybe speaker's too) option that can also be hooked up to a computer,please pm me.I may have something for you at an 'affordable' price.No hard sell intended.You may chew over the offer or even 'home audition' if you are willing to bear the shipping costs.
As for ''mutual funds''
I think you would be better off spending that cash on your rum and coke!The rich have various methods of extracting money from a gullible public.'Recommending' overvalued stocks as a 'buy' when actually it's time to 'sell',ULIP'S,SIP's,Mutual Funds,IPO's at the height of a euphoric stock market.In most cases the casual investor is being sold pipe dreams of untold riches to be reaped on a hazy future day,when all that is actually happening,is a massive transfer of money from those who need it the most to those who need it the least
The simple truth of stocks is buy cheap and sell dear.And the big guys do precisely that while the small guys/fall guys are gently nudged to provide the reverse transaction.
And if that was not enough the big banks dreamt up 'derivatives'-futures and options,collateral debt obligations,credit default swaps which may be ETD (exchange traded derivatives) or OTC (over the counter).OTC-'Privately' negotiated bets between bankers that have a major impact on the markets.An impact whose cause and effects would be as easy for a casual investor to decipher as the more rarefied work of Albert Einstein.)
According to BIS (Bank Of International Settlement) the total gross notional value of OTC derivatives outstanding globally was 600 trillion $ at the end of 2008.That's 600,000,000,000,000 $!More than 10 times the GDP of the entire world which roughly stands at 57 trillion $.These OTC derivatives caused the global economic meltdown in 2008.A meltdown which has been postponed not prevented by desperate nations trying to rescue their "too big to fail banks".
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Ajay said:
Thank you so very much for the offer, Ajay. Am sure even the 'cheap' cdp/amp that you are offering to sell would be more than good enough for my standards of listening, but unfortunately, as of now am not looking to spend any money on AV. But, thanks again for the generous offer.
OT:
As far as Mutual Funds go and I see that you are not a big fan, I have, on my systematic investments over a period of 8 years made a compounded annual return of more than 15 odd percent which I am more than happy with. All the financial instruments and options and the Sensex numbers aside, company's grow, make profits and pay dividends and that in turn enables me to buy me my rum and coke. Am not looking to turn into a crorepati anytime soon
Regards,
Sunil
ajay124
Well-Known Member
@ssf
"Am not looking to turn into a crorepati anytime soon"
Sensible.Greed is inevitably the downfall of every gambler,trader,bank and hedge fund.
The fact that you are consistently managing a return of 15% on your investments is quite good.
At least you are managing to stay head to head with the current 'official' rate of inflation
My search for the CDP to be bought 'sometime' in the future has narrowed down from 4 CDP's to 2 CDP's!
Ayre CX 7e
Meridian Go 6.2
Ayre Acoustics CX-7e
G06.2 24-bit Compact Disc Player Meridian
"Am not looking to turn into a crorepati anytime soon"
Sensible.Greed is inevitably the downfall of every gambler,trader,bank and hedge fund.
The fact that you are consistently managing a return of 15% on your investments is quite good.
At least you are managing to stay head to head with the current 'official' rate of inflation
My search for the CDP to be bought 'sometime'
in the future has narrowed down from 4 CDP's to 2 CDP's!Ayre CX 7e
Meridian Go 6.2
Ayre Acoustics CX-7e
G06.2 24-bit Compact Disc Player Meridian
The Market
Well even i day trade in stocks, commodities and currency, here there is a zero question of patience, our kind of breeds are in and out of the trade at time's within minutes, forget about holding for a hour or so. In all events the profit and losses are booked before the market closing.
I am a strong follower of investment in mutual funds, and to do this via peace meal, is among the best ways to go forward, patience and monitoring is the road to success.
In being optimists and related, is fine, as long as the risk management is in place. I have seen people going long in currency @ 50, but later the slide happens @ 48, which results in licking massive losses. While i have seen people going short in gold @ 17,000/-, here too they are in mother of a trouble in terms of financial losses with the present price being much higher, so that is why risk management etc is of paramount importance.
It is very true that booking profits or losses is the best way to go forward, which everyone agrees but the issue is how many practice.
I am very sure that there is nothing like better informed guys and that they are exiting at every peak, this is pure myth, for example even a ambani can not predict how much his company's share prices will rise in the next two years.
I give zero importance to history of market happening's i would rather focus on my present trades, and risk management. If one uses history as a tool to take a call in buying, selling etc, is heading for the worst, sooner then later.
V.
Well even i day trade in stocks, commodities and currency, here there is a zero question of patience, our kind of breeds are in and out of the trade at time's within minutes, forget about holding for a hour or so. In all events the profit and losses are booked before the market closing.
I am a strong follower of investment in mutual funds, and to do this via peace meal, is among the best ways to go forward, patience and monitoring is the road to success.
In being optimists and related, is fine, as long as the risk management is in place. I have seen people going long in currency @ 50, but later the slide happens @ 48, which results in licking massive losses. While i have seen people going short in gold @ 17,000/-, here too they are in mother of a trouble in terms of financial losses with the present price being much higher, so that is why risk management etc is of paramount importance.
It is very true that booking profits or losses is the best way to go forward, which everyone agrees but the issue is how many practice.
I am very sure that there is nothing like better informed guys and that they are exiting at every peak, this is pure myth, for example even a ambani can not predict how much his company's share prices will rise in the next two years.
I give zero importance to history of market happening's i would rather focus on my present trades, and risk management. If one uses history as a tool to take a call in buying, selling etc, is heading for the worst, sooner then later.
V.
ajay124
Well-Known Member
@vinay,ssf
Both of you may be correct.And I wrong on 'investments'.
I have the tendency of getting lost in abstract notions and ignoring the 'present'.
Possibly caused by a 'lonely' childhood spent in the company of books and music.
"Lonely" not because of a lack of friends.I had/have a normal quota of them.
But because during any form of 'social interaction',realtime or virtual,or even while trading
only a part of my mind is engaged in the 'interaction' while the rest is 'lost' somewhere else.
Don't know how many other folks lives in a similarly 'diffused' reality
Both of you may be correct.And I wrong on 'investments'.
I have the tendency of getting lost in abstract notions and ignoring the 'present'.
Possibly caused by a 'lonely' childhood spent in the company of books and music.
"Lonely" not because of a lack of friends.I had/have a normal quota of them.
But because during any form of 'social interaction',realtime or virtual,or even while trading
only a part of my mind is engaged in the 'interaction' while the rest is 'lost' somewhere else.
Don't know how many other folks lives in a similarly 'diffused' reality
Fixed Deposits
Hello Sunil,
I am glad that you are investing on regular basis in mutual fund (mf) via SIP, congratulations.
There are different set of people among them who are looking to beat the returns of fixed deposit, when we achieve this, it means a lot. If one is willing to take larger risk, then there are other options via mf, which is to go for aggressive and flavour period funds.
V.
Hello Sunil,
I am glad that you are investing on regular basis in mutual fund (mf) via SIP, congratulations.
There are different set of people among them who are looking to beat the returns of fixed deposit, when we achieve this, it means a lot. If one is willing to take larger risk, then there are other options via mf, which is to go for aggressive and flavour period funds.
V.
ajay124
Well-Known Member
Perhaps we should all invest in audiophile gear which appreciates in value over the years.There are collectors who 'invest' in single malts and wines.Why not start a 'mutual fund' for investing in great amps/speakers/cdp's/turntables.The possession of commonly held 'assets' can keep circulating between the fundholders and finally we 'redeem' the fund when there is a bubble in the audio market
Recommendations anyone?Which brands are likely to retain their value or possibly provide a 15% per annum return going forward?
Bryston?
Krell?
Accuphase?
Macintosh?
Pass Labs?
Jeff Rowland?
Recommendations anyone?Which brands are likely to retain their value or possibly provide a 15% per annum return going forward?
Bryston?
Krell?
Accuphase?
Macintosh?
Pass Labs?
Jeff Rowland?
Safely
Hello Ajay,
It is very true in what you are saying, to set target of larger monies, shall mean that one is looking for bigger trouble then imagined, all we can do is to trade and invest safely as much as possible.
V.
Hello Ajay,
It is very true in what you are saying, to set target of larger monies, shall mean that one is looking for bigger trouble then imagined, all we can do is to trade and invest safely as much as possible.
V.
Correct & Wrong
Ajay,
I think we all are correct and wrong in something or the other, it depends upon how we look at things.
We have to pick ideas as much as possible and work on them.
I can understand your writing, because i do sail in your boat to some extent.
V.
Ajay,
I think we all are correct and wrong in something or the other, it depends upon how we look at things.
We have to pick ideas as much as possible and work on them.
I can understand your writing, because i do sail in your boat to some extent.
V.
ajay124
Well-Known Member
Re: Safely
Yes Vinay.As a nickle and dime trader 'safety' should be paramount.
'Leverage' is merely a long rope from which small time day traders fashion nice looking nooses to hang themselves
Yes Vinay.As a nickle and dime trader 'safety' should be paramount.
'Leverage' is merely a long rope from which small time day traders fashion nice looking nooses to hang themselves
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