I bought a fishing pole at the St. Croix factory 16 years ago for a hundred bucks. I just turned it in for a new pole. The new one was around $130. It should last another 16 years.
I can afford to spend more, but I see no reason why I should.
Yes, St. Croix rods are that good. I have no idea what the other high end rods are like.
The easiest way to double your money is to fold it in half and stick it back in your pocket.
A penny saved is a penny earned.