Link to some insight on guitar players in general

$10,000 LIFETIME?
For 5 - 7 guitars AND multiple amps?
What, they are all Pignose?
Hmm. Or just a cracked mirror Iceman... to start...

It's an average. That implies that some will spend less than the $10K and purchase fewer guitars and amps, whereas others will buy more.

Then again, this is just a meme and the study is not cited, so I wouldn't bet much on it. I'm not saying it's conclusively false; I simply don't know. It may be true, but I'd like to see a citation to support the claim.
 
Then again, this is just a meme and the study is not cited, so I wouldn't bet much on it. I'm not saying it's conclusively false; I simply don't know. It may be true, but I'd like to see a citation to support the claim.

Well, I did a little sleuthing. It looks legit. It turns out the study was actually conducted by Fender.

Here's a little more about it:

 
I'm apparently a slacker.... and yes, it would appear I'm one of the ones dragging the average down. Started buying and playing guitars in 1973. Since then I've only managed to spend half of the suggested amount in the OP. Being a Spreadsheet Nerd, I've got all my gear purchases listed and what I paid tallied.
 
It's an average. That implies that some will spend less than the $10K and purchase fewer guitars and amps, whereas others will buy more.

Then again, this is just a meme and the study is not cited, so I wouldn't bet much on it. I'm not saying it's conclusively false; I simply don't know. It may be true, but I'd like to see a citation to support the claim.
Indeed. The whole thing is just a generalization.
Just seemed awfully low to me.
 
I remember early 70s my Dad and a couple of his music friends would go to Portland Or. Music stores pawn shops ect.Ypu could buy 50s Telecasters for 300$ lol.

Yup, they were just used guitars then. My local pusher had a rack of old Fenders, priced around $300, and a rack of old Gibsons priced around $500. That started changing fast in the '80s when Japanese collectors started snatching up everything in sight. I can only imagine what some of those guitars are worth today, but it was before the "vintage" craze and most people still wanted a new guitar.
 
Yup, they were just used guitars then. My local pusher had a rack of old Fenders, priced around $300, and a rack of old Gibsons priced around $500. That started changing fast in the '80s when Japanese collectors started snatching up everything in sight. I can only imagine what some of those guitars are worth today, but it was before the "vintage" craze and most people still wanted a new guitar.
The big turning point was when the Wall Street Journal ran an article about vintage guitars, basses, and amps being the only sure investment. then every hedge fund broker was buying everything in sight.
 
I used to own approximately $80K in musical gear… guitars, amps, recording gear (I bought my 8-channel MOTU interface from Roger Nichols’ widow), Yamaha master controller, Genelec monitors, thousands of dollars in samples and processors.

When I retired, all that gear became a weight, like the chains worn by Marley’s ghost. I sold everything except two partscasters (I’d never get what they’re worth), my acoustic, and my computer filled with instruments.

Now in my pared down studio, centered on a Scarlett Solo, and thanks to my collection of virtual instruments, I can still make music of the same level of complexity as I could before. I just don’t have an unused luxury car sitting in a room of my house anymore. I feel free and unburdened, and when I do sit down to play, it’s with a clean conscience.
 
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I used to own approximately $80K in musical gear… guitars, amps, recording gear (I bought my 8-channel MOTU interface from Roger Nichols’ widow), Yamaha master controller, Genelec monitors, thousands of dollars in samples and professors.

When I retired, all that gear became a weight, like the chains worn by Marley’s ghost. I sold everything except two partscasters (I’d never get what they’re worth), my acoustic, and my computer filled with instruments.

Now in my pared down studio, centered on a Scarlett Solo, and thanks to my collection of virtual instruments, I can still make music of the same level of complexity as I could before. I just don’t have an unused luxury car sitting in a room of my house anymore. I feel free and unburdened, and when I do sit down to play, it’s with a clean conscience.
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