Source: JoyOfTech
Transcript:
I'd like your financial advice. I'm thinking of buying a 16 gig iPhone with a top-of-the-line plan.
Well young man, if you do, that will cost you $299, plus a $36 activation fee, and for the ultimate plan, $130/month.
At the end of your two youear contract, you will have paid $3455. If you keep that plan for four more years, you will have paid almost $10,000!
But if you don't, and instead invest that money, with the miracle of compound interest, by the time you retire, you could have well over a million dollars!
So my advice is, skip the iPhone, and you will be a millionaire.
Woah! That's good advice!
iPhone 3G! WHOOHOO!
Transcript:
I'd like your financial advice. I'm thinking of buying a 16 gig iPhone with a top-of-the-line plan.
Well young man, if you do, that will cost you $299, plus a $36 activation fee, and for the ultimate plan, $130/month.
At the end of your two youear contract, you will have paid $3455. If you keep that plan for four more years, you will have paid almost $10,000!
But if you don't, and instead invest that money, with the miracle of compound interest, by the time you retire, you could have well over a million dollars!
So my advice is, skip the iPhone, and you will be a millionaire.
Woah! That's good advice!
iPhone 3G! WHOOHOO!
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