That new tech gizmo that just came out? Like the title above says, don’t rush out and buy it now! Why?
Here are a few reasons:
1. Fewer features and capability. Oh, it will probably do things that other gadgets cannot do or haven’t been done before, but it won’t have those things and features that people will find they inevitably want after they try out the new tech toy. Those first models just won’t have what the later versions are sure to have due to popular demand.
2. Bugs. The first model of any new tech toy, from I-Phones to cars, will have the most bugs and problems. Always. Advice for car buyers often includes the advice to not buy a new model the first year it comes out just for this reason alone.
3. Cost. The first version will usually cost the most. Or, if not, it will have less bang for the buck, due mainly to the two reasons listed above.
4. No Line in the rain. You’ve no doubt heard about or have seen stories of people waiting to be the first to get that new tech toy, usually an I-phone or something similar. They’ll be interviews with people standing in that long line in the rain or snow, willing to pay twice what would be paid in just a few short months! You can avoid this just by waiting! The product won’t go away, unless it proves to be a real lemon, in which case, you won’t have wasted time or money, and won’t have had to endure discomfort on top of that.
To illustrate this, I remember when I saw my first handheld calculator, in 1970. This calculator cost $100 and could only do basic math, that is, addition, subtraction, multiplication, and division. And that was it!
By the late 1970’s, you could get calculators at 1/5th the price that could practically do back flips for you!
Computers also show this. When computers with a new version of Windows comes out, the most bugs are reported. By waiting a year or two, you can often get a computer with that new version of Windows for somewhat less and also with fewer bugs.
And later versions of I-phones tend to have fewer problems and a greater range of features.
So, it’s often best not to stand in one of those long lines in anticipation of getting that first new tech toy. I know you are chomping at the bit to get it, but try to wait. Sometimes waiting as little as 6 months could mean paying just half the price, with the gadget actually doing more for you with less hassle.
And you won’t have to stand in a line in the rain.
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