The new iPhone duo is about $3000 CAD just for it to be exciting for a week. Only a year later it loses a little under 50% of it's value now worth around $1600 CAD. If you were to invest that money you would have about $3300 (assuming a 10% return) a year later, not bad. 5 years later, $4,830, and 10 years later, $7,780. If you buy the product it's worth half it's value only a year later. If you buy shares of a company or through an ETF the value is up and still working for you and your future. My mindset is always how can I make my money work for me.
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8 Comments
Buythedip @buythedipzw · 7d
I’ll be buying both!
Cesar Guevara@c9sar · 7d
you gotta admit tho, the Duo looks sick
Quin Clark@magicsquare357 · 8d
Thanks for explaining depreciation and appreciation. I probably will not buy another iPhone for a couple of years. I never buy first-generation products anyway. Just like a brand-new car model, you have to give the company time to work out all the bugs. That said, as an Apple shareholder, I still hope everyone else keeps buying their devices. In your next post, it would be great if you could connect your stock analysis to a quick lesson on lifestyle inflation.
AJ @aj0427 · 7d
It’s not even a good product to buy. People are buying the hype. And you need to buy things to make living on this planet relevant. Can’t be investing all the time. For 99% of the people who really need to upgrade 18 pro/max is still the best apple phone they should buy.
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