Buy Stock Instead of Gear for Real Wealth
How much money have you spent on gadgets?
No, seriously, have you ever totaled it up? If you’re like me, you’ve spent a bundle. And, I’m not even an “early adopter” or an Apple fanboy who has to replace his iPhone with the latest version every time a new feature is added, either. Does all that feel like a waste of money to you sometimes? Well, what if you’d invested it, instead?
What if, instead of buying the latest Apple, or whatever brand, gear, you had invested in stock in the company? Imagine, if you’d taken the price of a first generation iPod and bought Apple stock, instead. Or a G4 or a MacBook or whatever. How much money would that be now?
Well, wonder no more, because Kyle Conroy has done the work for you.
He asks the question; What if I had bought Apple Stock instead? He charts how much money he’d have now if he’d invested the purchase price of the latest Apple gear in Apple stock instead, from the release date until now.
The results may make your buyer’s remorse just a little worse.