I've had an extraordinary twelve months on MTB's and come to the same conclusion.
I've blown over £15K on bikes and bits and it's got me nowhere fast. I should really write a book about my obsession with wasting money and mountain bikes and as I write this I've got my two bikes in FS section as I seriously can't be bothered no more.
They were a way for me to get distracted from an unhappy relationship, riding four to five times a week and when I got out of the relationship I spent more time with my daughter and met someone else. Ive had bad injuries from crashing and don't have the time.
I've been reckless with cash and bought all the latest gizmo's, sold them for way less than I bought and when I lost my job regretted it hugely. I started in 2009 with a Spesh FSR XC which was a £1300 bike which got me everywhere and was brilliant, when I got a rare £13k bonus in Nove 2010 I went out and spent £2700 on a Cube Stereo, but got wrong size. I crashed that in March 2011 and bought a £3300 Trek Rumblefish 29er a month after spending £2k on a Niner Air 9 which I needed for the softer rides. I sold the Cube for £1700 at same time.
Sold the Niner in June for £1300
In April I bought a Cube £1000 road bike which got used about 5 times and sold in October 2011 for £480
In July I sold the Rumblefish as trek wouldn't change the shock for the correct one (a long story) and sold it and bought a Lapierre Zesty 514 which gelled with me more than any of them but lost my job in August and despite getting a decent redundancy payment I still haemorrhaged cash like the NHS. I got another job quickly but still felt the need to buy an On One Single Speed for the winter rides.
I'm now in a position where my other hobby of Roller Derby (roller skating) is easier, keeping me fit and share it with my daughter so we spend quality time together.
The bikes barely get ridden and are assets I need to sell. I have loads of top quality kit and hoping to hang on to one bike as I would like to get my mojo back soon and enjoy it, but for the moment my bikes are a way of raising funds for christmas presents until my job starts paying in the new year.
I'm also looking for funds to get some CBT as my life in 2011 has been a mess and whilst I should be sitting pretty having had over £40K go through my account I have **** all. I don't had any debt which is good and I'm generally happy but internally i'm at a loss as to why I got here.........