If you're not going in debt or withholding food from your children, buy it. For most of us, this is a glorified hobby we only "need" one bass, one amp, one cord. At least the gear used in our hobby holds some residual value and can be resold when we want something different. It's better than owning a boat. I don't own a boat, but I'm told that just about every hobby is better than owning a boat.
Good point! 2 best days of a boat owners life, when they buy it and when they sell it.