Sunday, May 4, 2014

Current Events: What not to buy

An article was released by our very own MarketWatch--written by Anna Andriotis-- about the top ten things not to by. Number ten on the list was digital camera. This is due to demand falling, mainly because smartphones and other means have replaced this once necessity. Nine was not to buy credit cards with points or miles program. Much like the Spring Break assignment, gifts that come with a card should not be reason to buy them; rates for the travel points have gone up over the years and new buyers will simply lose money over this. Eight also relevant to travel, was to not buy seats with extra legroom in coach; for the same price one of you fine people could upgrade to business class, for reasons you obviously should. Extra legroom on coach means a seat by an exit in most cases. Seven is one I do not quite agree with, but is desktop and laptop computers. She mentions how tablets can perform the same fuctions as a PC, which is not true because PC's are expandable; she also mentions the price in the article comparing ipads to macbooks and imacs but honestly- all macs are expensive- a top line microsoft pc, with gaming and other high-memory tasks, can be built for $500; so for this one, I say ridiculous. Six is two-year phone contracts because of risk of needing to change the phone and many fine-print fees. Five is hotel rooms. Rates for these puppies are also climbing so a better alternative is to rent homes or apartments for way less, and often in good condition. Four was DVD and blue-ray players, which is reasonable assuming many modern technologies can perform the same function (like PC's >:|). Three was GPS devices, as smartphones have replaced those as well. Two was ditching landline service and just use celluloid which I suppose is ok but it's nice to have a system in a house where multiple people are able to hear the call and answer but none the less; number one: cable tv. I mean, I obviously don't have much jurisdiction in this area but I suppose with internet becoming so usefull watching shows it very well may be gone in our future.
Obviously this relates to Econ but supply, demand, and sales pertaining to YOUR money so this is Dan from GIIERU signing out.

2 comments:

  1. Interesting! I too disagree with some items on this list. At this point, many tablets can't perform many tasks that laptops or desktop computers can. Also, why are hotel rooms on the list? I can only assume the author of the article was referring to extended stays away from home, in which case this might make more sense.

    [Celluloid? :) ]

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  2. I agree with you about how laptops should not be number seven on the list. Everyone in our school owns a laptop and most schools require the use of a laptop. While tablet sales might be increasing, this does not mean that people are ditching their laptops. Most people will opt to have both if they are going to have one. I am also not surprised by the decrease in demand of DVD players, but there are so many DVDs that are sold as blue-ray that I thought those might still be in demand. Cable tv deserves to be at the top because I get all my shows that I need mostly from Hulu or Netflix.

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