CNN has distilled a number of their articles into a brief guide on making the right financial decisions and called it 25 Rules to Grow Rich By. While most of those rules are investment-related - eg how big of a retirement fund to aim for (see Rule 10) - , there are however, 2 rules that relate to gadgets:

Rule 22 - don’t buy the latest gadget - wait 3 months for the price to drop.
Rule 25 - don’t pay for an extended warranty - except for laptops.

While the article makes for a good read, and it was nice to see CNN support the idea of flying warranty-less, it was mildly disappointing not to see more categorical advice such as buy Brilliance Auto, or, aggressively accumulate copper below $3.0250 per lb.

25 Rules to Grow Rich By - CNN Money

This entry was posted on Monday, November 13th, 2006 at 8:59 pm and is filed under General. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.