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Technology Stocks : Apple Inc.
AAPL 255.53-1.0%Jan 16 9:30 AM EST
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To: Road Walker who wrote (134758)6/4/2012 3:13:47 PM
From: Doren1 Recommendation  Read Replies (2) of 213182
 
> to see if the American consumer is willing to fork over $500 for a 16 GB iPhone 4S in order to save on a monthly data plan compared to the $200 that the post-paid operators are charging.


That would be me, if the numbers work out. I was thinking Android but off the top of my head after doing just a little shopping the iPhone is looking just as thrifty as Androids and of course owning an iMac better. (iMac halo effect.)

We skinflints are the minority, but we are definitely out here.

I look at the price over the life of the device.

Long ago I read a very good book on investing. The author pointed out that before one invests, one should use loose cash to save money. He pointed out that savings are neither risky nor taxed. So if I buy a 50lb bag of popcorn and save 50% that saved money was earned without risk and its untaxed.

Pretty tough to do that in the markets. My Uncle was the same way, a millionaire on paper we were all stunned when he bought a new truck (with cash of course and he was very careful to get the best deal.) He'd been driving around the same old beat up truck for 25 years.

Off to buy an antique cracked ice kitchen table this afternoon. The table is worthless, the chairs are nearly impossible to find. It will help me sell my craftsman home, look nice and if I ever sell it, I'll make a profit. Been looking for this baby for 4 years.
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