Originally Posted by RiverOfIce
I really hope I dont need to say this, but... Phones are horrible investment. You stand a better chance at playing the lottery, which is a tax for people that are horrible at math.
If you buy a phone to resell it for the lastest and greatest, I have some horrible news for you. It is happening to every sector, tablets, phones, and even pc's. With the next generation comes out, the old is worthless. Even the cult of apple can justify a higher resell value then dirt. Most of the resell of apple goes out of the country and are a fixed quantity.
If you feel the need to get the lastest and greatest, cellphones are not the game to play.
Who said a phone is an investment? Investments are things that you buy with the hopes that they will either go up in value (e.g., stocks) or something you buy with the presumption that even though buying item X will cost money, it will cost you less money than not buying it or buying item Y (e.g., buying an aftermarket warranty on that used car).
No one ever said a phone is an investment, because they only go down in value, and it is never cheaper to buy or use a smartphone (item X) compared with any other phone or no phone at all (item Y).
I think you missed the point of the guy you quoted. Phones are just bout identical to video cards. The second you buy them they go down in value, you bought them with the full understanding that they will soon become obsolete, and honestly you probably didn't need it in the first place. LOL. If you want cutting edge tech, you will ALWAYS be losing money. The poster you quoted knew that and commented on it.
That was fun to type out for some reason...