What to invest in rather than X?

[pjny]

Hi

I ordered X and miraculously have a shipping date of Nov. 3 due to unknown fraud alert on ATT blocking my ordering.

Just wondering what you would spend $1k on an item that doesn't depreciate?

I was joking with my friend that if I invested all the money I spent on Apple gear back in 2000 I would be rich.

So just wondering what would be better to invest $1.3k in than a phone?

 

[keysofanxiety]

Invest it all in pumpkins. Every penny. We’re seeing an upward curve at the moment for some reason.

I predict it’s only going to get stronger in the next 6 months!

 

[geoff5093]

what would be better to invest $1.3k in than a phone?

Buying an iPhone X is not an investment, at all. This time next year it will be worth 75% what you paid, then the next year 50%, and so on. Your only chance at making a profit is if you sell it new within the first couple of weeks after getting it.

 

[eoblaed]

Invest it all in pumpkins. Every penny. We’re seeing an upward curve at the moment for some reason.

I predict it’s only going to get stronger in the next 6 months!

Brilliant! Let's go in on it together.

 

[myscrnnm]

LEGO 75192 Millennium Falcon. It retails for $800 and is currently selling for nearly $1,400 on the secondary market. Plus it will probably be worth even more after it retires in two or three years (the first edition of the previous one reached $5,000-$6,000 before this one was announced). I got one, but couldn't resist opening it.

 

[KingslayerG5]

Real estate and stocks. Be a landlord and stockholder.

Even sports memorabilia is better than smartphones.

 

[C DM]

Since when are things like phones investments?

 

[pmau]

education in economy

 

[iregret]

Bitcoin

 

[KingslayerG5]

Just pretend that the 1993 film Groundhog Day is based reliving November 3, 2017 over and over.

If you were stuck on that same day for 10,000 years, would you line up for the iPhone X every single time? Probably not. So do what Phil did. Educate yourself. Be a pianist, learn different languages, be an ice sculptor. Do something else to better yourself.

 

[redman042]

I don't understand posts like this.

I mean, yeah, each person should absolutely consider whether it fits their budget, and whether the added features are worth the extra money to them.

But this is a technology enthusiast site. It goes without saying that most of us here are willing to drop some dime on nice tech. And Apple makes some really nice tech.

The iPhone X is expensive. No doubt about it. But it's a really nice phone, camera, video camera, computer, secure digital wallet, ... etc. I mean, $1000 or $1200 is a lot for a "phone" or even a "smartphone", but it's a top-of-the-line one that replaces a shocking number of separate gadgets that I used to spend money on before the iPhone. And if you're on one of the phone plans where you trade for a new phone every year, then that costs is spread out over time and a good chunk of it is eliminated by the trade-in value of the old device.

And if you decided against the X, then you'd still probably get an 8 at some point, so then you're not talking about spending $1k vs not at all. You're talking about spending $1k vs $800, or more accurately, $49/mo vs $35.

Given that I work hard, and utilize tech to its fullest to improve my work and life, I don't feel too bad about it. Sure, I'd rather pay less, but the product in question is amazing and they've earned a few extra hundred dollars from me.

Investments are a completely separate issue for me and have no bearing on the decision to or not to buy this phone.