This week the world was introduced to iPhone 6. Last week I had my credit card number compromised which meant I wouldn’t have to stay up all night to order a phone that won’t even ship to me until October. I did, however, get a new card in the mail yesterday and the phone which I have been anxiously holding off through three generations of iPhones (four if you count the 5c) will finally be on it’s way in just another few short weeks. The photos I’m going to take… I can’t wait.
Some might argue that spending so much money on a new Apple device would actually be much better spent on buying Apple stock. The $500USD that was spent on my first ipod (the iPod Photo 40gb) would have been a better investment in Apple stock considering that same $500 would now be worth $12470. While I really loved my iPod, it wasn’t worth $12.5K.
So this time around, I decided to have my cake and eat it too. I invested in the spring and so far I’ve made enough to pay for my iPhone just out of earnings. The tough part is deciding to pull my money out now or to let it ride for the long haul. This little chart, What if I had bought Apple stock instead? would suggest I should let it ride.