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HomeAircraftHelicopterHelicopter Main Discussion › DO you all believe me now!
03-05-2017 07:33 PM  20 months agoPost 21
EEngineer

rrProfessor

TX

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brad, sorry to hear about your health issues.

I'm sure that takes up quite a lot of your household budget.

FWIW

Logo 600SXs, 800XX, TDR IIs

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03-06-2017 11:48 AM  20 months agoPost 22
rpat

rrElite Veteran

Weirton, W. Va.

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I know a guy that is doing just that. He cashes in his 401k every year to buy jets.....now that is just plain nutzo.

trex 700fbl cal30,minititan,, trx600fbl,trex250,logo 500,Velocity N2

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03-06-2017 03:08 PM  20 months agoPost 23
Flyin for Jesus

rrVeteran

Troy, IL. 62294

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When I was younger and single, I remember buying a JR 8103, and a MA Fury expert kit and all the servos, engine, blades and what was in the air cost me $2,000. Not to count the Tx in my hand or any other field equipment.
That was what it cost me 15 years ago!!!
I make more money now... certainly have more bills too, but I can still have a nice heli with $2k.

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03-06-2017 03:52 PM  20 months agoPost 24
Richardmid1

rrProfessor

Leeds, England

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There used to be a lot cheaper kits around for sure! Remember the Ely-Q Vision 50? You could get that kit in the UK for £150-£200!

60% of the time, it works every time!

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03-06-2017 03:53 PM  20 months agoPost 25
Heli_Splatter

rrElite Veteran

USA

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I think that it is a matter of priorities and saving. I may not have the best, but I have a little bit of what I enjoy. Set money aside and keep adding as you can. Make a list of things you want.

It is a hobby give it a monthly budget. It might take a while to get what you really want, but then you will really enjoy it when it is possible to buy it.

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03-06-2017 06:16 PM  20 months agoPost 26
tgreen

rrNovice

Western Pennsylvania

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I've been in the hobby for over 25 years. I remember wanting a new XCell Graphite SE like some of the other guys were flying at the field. The kit was $1100, no engine, pipe, electronics. It took nearly $2k to finish the heli back in the late 90's. A crash started with replacement of the carbon blades. At that time they were $180/pair. It was tough to recover from a crash for less than $300-$400. Current designs and available products have definitely decreased that cost. There are a lot of less expensive kits out there today and thanks to a global economy, we have many options for cheap parts and upgrades.

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03-06-2017 06:17 PM  20 months agoPost 27
EEngineer

rrProfessor

TX

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"He cashes in his 401k every year to buy jets.....now that is just plain nutzo."

I hear that....

In addition to paying fed income tax on such withdrawals at whatever tax bracket rate he's in, if he's younger than 59....he also pays an additional 10% penalty.

So, in effect, he's paying 110% percent on everything he buys.

Totally nutzo.

Logo 600SXs, 800XX, TDR IIs

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03-06-2017 10:06 PM  20 months agoPost 28
Infarcted

rrApprentice

downunder

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Remember the intangible costs of time in building ,learning ,driving to the field and back AND the extra shift work you gave up due to your heli-addiction.

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03-08-2017 05:58 AM  20 months agoPost 29
Mputu

rrVeteran

Killeen, TX

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Remember the intangible costs of time in building ,learning ,driving to the field and back AND the extra shift work you gave up due to your heli-addiction.
If you think about it that way as of the time and effort you dedicated to hobby, indeed, it gets really expensive. But I would not go as far to call it addiction. Most of us don't fly when we have something else important to do and can quit any time if I have to or cannot effort it any longer. We don't need counseling session.... well maybe the guy who drained 401K!

Fly hard, Land safe

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03-08-2017 06:35 AM  20 months agoPost 30
EEngineer

rrProfessor

TX

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"well maybe the guy who drained 401K!"

He needs to have a chat with Dave Ramsey.....

Logo 600SXs, 800XX, TDR IIs

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03-08-2017 03:16 PM  20 months agoPost 31
RM3

rrElite Veteran

Killeen, Texas - USA

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Well I spent up till now about $6000... and none of that is used on any of the helis I currently have, but as a result of my hobby of flying these pricey toys...

purchased a small mill and lathe... then later converted them to CNC, all the associated tooling... why? to make my own parts... now thats about as stupid as I want to go. And I still cant make most of the parts...

I should have just bought the spare parts... looking back at all the times I crashed since I frist started, the parts to fix and get me flying wouldnt total $2000.

But I do belive its price point has dropped in some areas if not most... its just getting harder to justify the expense as time goes on...

especially if life outside your hobby smacks you in the face

showing a preference will only get you into trouble, 90% of everything is crap...

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03-08-2017 09:12 PM  20 months agoPost 32
fastrc1

rrKey Veteran

Planet Brooklyn, NY-USA

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Simple solution. Refrain from purchasing everything the moment it comes out. Let certain products simmer for a while before cracking open the wallet. Purchase during the Holiday Sales if you can afford to wait. There is no shame in buying used gear if you understand what you're dealing with and can evaluate that gear. I'd say it still can get crazy but you can get tons more gear and have waayyyyy more options and support today as opposed to 30 years ago.

Happy Hovering;
Eaton

RIP Roman Pirozek Jr.
Team Futaba USA
Team Kontronik USA
http://flysrw.com

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03-09-2017 04:40 PM  20 months agoPost 33
jharkin

rrApprentice

Holliston, MA - USA

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Don't put this hobby in front of your retirement savings.
This is a big problem. Majority of people these days live at or even above their means and save nothing... Living a life of conspicuous consumption just to impress people.

Is this an expensive hobby? Yes it is... But you dont need to be spending thousands on top dollar 700s with all the gear that Bert or Nick Maxwell fly. Its still possibly to outfit kits for under a grand and that should be doable on a true middle class income asuming you dont crash it every week (median income was around $55k last year and usually a range of anywhere from 30k to 100k is considered "middle class" depending on who you talk to and where you live).

The single BEST thing you can ever do is rid your mind of the consumer mindset. Live below your means and dont spend every dollar you earn today and you can build a comfortable life on a wide range of incomes - assuming you make good choices about where to live, etc. (i.e. dont expect to work minimum wage and live in an expensive area like LA or NYC).

For a real eye opener read the book "Millionaire Next Door" by Thomas Stanley. Most people who look "rich" driving around shiny BMWs and living in those McMansion houses are actually pretty poor on paper.. They just spend all their income and live high on credit to project an image.

Meanwhile Warrne Buffet still lives in the bungalow style house he bought in the 1950s and supposedly drives a buick.

-Jeremy
Whiplash-G
Helix 700G
T-Rex 450 fbl conversion
alot of planks

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03-09-2017 04:57 PM  20 months agoPost 34
Heli_Splatter

rrElite Veteran

USA

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I have started by not opening a single e-mail from RC companies. I delete them immediately and clear out the trash right away.

I open my mail right over the trash can and throw away all catalogs of EVERY sort.

I have slowed down my wants and needs considerably this way. I have all that I need and if it crashes, it will not be replaced. I have to take care of my toys.

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03-09-2017 06:07 PM  20 months agoPost 35
Solmanbandit

rrElite Veteran

Tucson , AZ

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That is one thing that I can enjoy now. I can do my hobby within means and still put money aside. Want more of the hobby, make more money.

Trex 700E / Trex 500 ESP - Ikon/ HD 500 - Ikon 2/ Goblin 500 Ikon 2

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03-09-2017 06:23 PM  20 months agoPost 36
EEngineer

rrProfessor

TX

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"Meanwhile Warrne Buffet still lives in the bungalow style house he bought in the 1950s and supposedly drives a buick."

Jeremy, if you believe that I have a bridge in Brooklyn that I can get you a really good deal on.....

In reality, Buffet is disputing a tax bill with the IRS for over $500 million...while telling us peons that we should pay more in taxes.

And I wish the fake news people would stop with this BS that Buffet's secretary makes more than he does.

His income is derived from the interest on his portfolio, in which part of it is in dispute with the IRS. Don't think his secretary has such a portfolio...lol

Logo 600SXs, 800XX, TDR IIs

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03-09-2017 08:07 PM  20 months agoPost 37
ICUR1-2

rrElite Veteran

Ottawa, Ontario

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I think the Hobby can be expensive and sometimes overpriced for what you get.

When I compare brands I often wonder why someone would choose that brand/design over another especially while comparing parts costs.

time or money I never seem to have both

I will make a real effort this year to go fly more often

spending time, paying attention

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03-09-2017 08:18 PM  20 months agoPost 38
Solmanbandit

rrElite Veteran

Tucson , AZ

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That answer is easy. Some helis are just awesome to fly and if you can afford it are great to have. Some of the exotics are expensive and not everyone is willing to pay the cost. Costs are only an issue when you can't afford it. The same goes between a Yugo and a Ferrari. One is cheaper and useful while the other car is highly expensive. Despite this, people buy it because it is what they want and can afford it.

Trex 700E / Trex 500 ESP - Ikon/ HD 500 - Ikon 2/ Goblin 500 Ikon 2

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03-09-2017 09:06 PM  20 months agoPost 39
EEngineer

rrProfessor

TX

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"Costs are only an issue when you can't afford it."

Used to be that way.

Seems these days that even that isn't an issue when it's so easy to mortgage one's future.

Logo 600SXs, 800XX, TDR IIs

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03-09-2017 11:07 PM  20 months agoPost 40
fastrc1

rrKey Veteran

Planet Brooklyn, NY-USA

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EEngineer. Brooklyn has quite a few Bridges. Which one are you willing to sell?

Eaton

RIP Roman Pirozek Jr.
Team Futaba USA
Team Kontronik USA
http://flysrw.com

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HomeAircraftHelicopterHelicopter Main Discussion › DO you all believe me now!
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