If you thought you could buy this product on here, you are wrong. But, you will get some more insights! I own an iPhone and so do a billion other people, literally, a billion. If you are buying any of Apple's products, then you need to pay yourself back by buying shares of the company (AAPL). For a business that does over $200 billion a year in sales and pockets nearly $80 billion of that, there is a lot of that money flowing back to the people that invest in their business.
There is no problem with consuming the best products that the most iconic businesses are producing, just make sure that you are profiting and preparing for your future by putting an equal amount of money towards investing in their business as you would their product.
If you invested the price of an iPhone (prices may change based on the year of the model and year in general (thanks inflation)), then $1,099 invested every year (or $91.58 per month) at a 9% annual rate of return would turn into:
- $157,000 after 30 years
- $1,036 in annual dividends (based on Apple's current dividend yield)
- Enough money after 30 years to have your dividends pay for a new iPhone every year
*This is not financial advice. For educational purposes only. All prices, costs, and investment speculations are approximate and not guaranteed.