matt314159
join:2006-01-18
Hesperia, CA
 ·Charter Pipeline
| reply to quatrix
Re: Durrrrrr
said by quatrix  :Sarcasm duly noted, but obviously broadband prices aren't going to stay constant for FIFTY years. Yeah but consider the time-value of money. You could do so much better investing the 70 grand and paying month-to-month. That's finance 101. Even if the prices go up, you're better off holding onto your money and paying for the service as you receive it.
I think it was hilarious how charter tacked on the "oh, by the way...uh, we are giving the money to charity!" about halfway through the auction. You can almost hear the suits at the top grumbling "damnit we NEEDED that money!". |
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zed260
join:2007-09-30
Cleveland, TN | well it does give them some tax benifits |
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morbo
Complete Your Transaction
join:2002-01-22
00000
clubs: | the "winner" should have just paid month to month and donated the remaining $50k to charity for their own personal tax benefit. |
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kyler13
Is your fiber grounded?
join:2006-12-12
Arnold, MD
 ·ViaTalk
 ·Verizon FIOS
| reply to matt314159
said by matt314159 :Yeah but consider the time-value of money. You could do so much better investing the 70 grand and paying month-to-month. That's finance 101. Even if the prices go up, you're better off holding onto your money and paying for the service as you receive it. Seriously. Even at a measley 2% APR, a savings account would earn you $116/month (on $70,000) which would probably cover any forseeable rate hikes over the subscriber's lifetime. |
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