Finals are half over.
I learned today (from HowStuffWorks.com podcast) that buying an extended warranty on products is usually not a great idea. Last year Americans spent $16 Billion on extended warranties and the stores that sold them kept 80% of that as profit! That's almost $13 Billion they pocket off these things. In fact, last year, extended warranties bought by customers in the store was enough to cover the entire operating cost of Circuit City for the entire year... that could be a big reason that they are now filing bankruptcy...
in some cases it's good to go ahead and get the warranty (on phones, big expensive tvs, and computers). but in most cases hold off, you can always buy one from the manufacturer up to thirty days after your purchase, and they're usually cheaper.
Check out the link above... check out the podcast...
now you know...
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1 comment:
You are such a smart young man... I'm sure glad your related to me- maybe your smartness will someday rub off onto me....:) I'm glad your almost done with your finals... keep up the great work- we love you!
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