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I see it as stocking up my very own library. I assume (and hope) that there will be some way to read EPUB's in the next 50 years, either natively or by converting them, so I'll see what I read and what I don't.
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Still, you are spending money now that you don't need to spend. I know that there were books I liked 20 years ago that I don't like as much today. Your tastes can change over just 4 years (as many who have gone to college can attest). My Mom has read horror stories her whole life and lost interest in the them about 10 years ago (she's 80 now). I would never have guessed that she would like
Song of Ice and Fire, yet she's on the 5th book right now and bugging me as to when book 6 will come out. Ok.. well, watching Game of Thrones does that to people.