Value investing is basically buying a stock for 50 cents when it is worth a dollar. This very concept is not limited to stocks only. It can be expanded to be used in everyday life as well. I recently used this concept to buy a new smartphone.
I was looking to get a new smartphone some time back. I was researching into the various smartphones and narrowed the selection to Samsung Galaxy S3, HTC One X and Motorola Razr Maxx. I eventually settled for the Motorola Razr Maxx after researching thoroughly into the features and contemplating day and night. Razr Maxx cost me only $1118 with a two-year plan after trading in my old Nokia E5. Samsung Galaxy S3 would have cost me $398 and HTC One X, $288.
I settled for ...
Value investing is basically buying a stock for 50 cents when it is worth a dollar. This very concept is not limited to stocks only. It can be expanded to be used in everyday life as well. I recently used this concept to buy a new smartphone.
I was looking to get a new smartphone some time back. I was researching into the various smartphones and narrowed the selection to Samsung Galaxy S3, HTC One X and Motorola Razr Maxx. I eventually settled for the Motorola Razr Maxx after researching thoroughly into the features and contemplating day and night. Razr Maxx cost me only $1118 with a two-year plan after trading in my old Nokia E5. Samsung Galaxy S3 would have cost me $398 and HTC One X, $288.
I settled for ...
