A.I.M. Users Bulletin Board

[Conrad]

Rien,

For a cheapo advice you can't expect too much actual wisdom!

But I tell you that I bought a HP 35 Calculator for $ 305
and at that time it was 1/3 rd of my Gross monthly salary. I knew the proces were dropping fast(although that was not deflation) but I wanted it rhight then and there. Waiting was not an option!

"Some" time later I bought a calculator that could do anything the HP 35 could do for 10 US Dollar. My Gross salary at that time was aout $ 3000/month

If I would have waited I could have saved 295 bucks!

If I need something today, I will buy it today!

I still say if prices are dropping then this will be a good thing as long as wages don't drop as fast. In other words, if production systems and manufacturing efficiencies are improved then everybody has more as long and the criminal CEO's do not steal the profits.

Conrad