Thursday, July 30, 2009

Five reasons not to buy a TV now

Investment tips:

  1. Timing cost:
    Just think about the last time you bought the TV and the price dips after a few months. By committing and buying now, you will have to face the pain of getting it more expensive than it is worth.

  2. Newer features:
    Like many other tech gadgets, there will always be a new and improved version every few months. For TV, there will be 3-Dimension TV, faster refresh rate, thinner design, TV with internet connectivity.

  3. Opportunity cost:
    Toshiba, Samsung, Sony, LG, Panasonic, etc. By choosing one over another, you place your bet on the wrong brand or model. The manufacturers have their own claims and features. The contrast ratio isn't a good way to compare. Furthermore, the salesman is selling the TV to you only wishes to get you one that gives him the most commission.

  4. You don't need it:
    Remember the times you have watch your older TV and the images and color look so vibrant. It still works and there isn't any much high definition content to make it worth upgrading too.

  5. You get better returns by investing the money:
    Even by putting the money into the low interest saving account, you will get better returns than buying the TV. The TV will probably be worth $10 to the karang guni in 5 to 10 years time. If you bought it at $2,000, it is a investment that produce -20% yearly.

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