Why is this word used to describe "pure financial loss" so often when talking about purchased luxury goods?
> Investment: the outlay of money usually for income or profit
Not really. You can also "invest" in personal relationships, for example, which implies neither a financial outlay nor an expectation of financial return.
When used in the context of purchasing consumer goods, I think it is most often used in the context of goods which are expensive (the financial outlay) and durable (ie, capable of providing enjoyment--analogous to profit--for a long time into the future). And of course those goods are more likely to be considered "luxury" goods.
It isn't. People say it in regards to quality goods of all kinds - shoes, mattresses, food.
Being healthy results in me being able to make more money, so it literally is an investment.
Investing in a luxury purse or basinet has no concept of profit, but can happily result in high value. Profit and value (or satisfaction) are not the same.
It's an idle discussion thread about consumer electronics. Not an attack on the core of your personal identity.
Well you can dislike this fact but there is nothing seems to be blown away about it. Because this is such a mundane fact about people.
Yes, there are different ways to go about it. I buy the best phone of last year or the year before, and run it into the ground.
But is it just me, or are the changes so incremental now it's hard to justify a new model of any brand? Sure the processors get better etc, but I use my phone to browse the web, text/phone and email.
It blows me away that people actually care how much other people spend on something at all. Want a $50 flip phone? Cool. Want a $1300 fancy fold phone? Also fine.
When I had my last kid we got a Snoo bassinet, $1300 or so. Anyone that saw it couldn't help but inform me that their baby survived in a trash bag with holes poked in it or whatever for a bassinet. But I sold it 6 months later for $900, and my overall $400 investment was very worth it. Thing was a miracle.