I bought my first computer in June 1995. It was a Toshiba laptop – MONOCHROME – several inches thick. It cost me $1600 and ran Windows 3.1. I could have upgraded to a color screen for another $200, but I couldn’t imagine why I would ever need color when all I would ever need a computer for was dial-up email and light & easy documents. I sold it two years later for $200, so basically I spent $700 a year for the capability of having dial-up Internet. What a great investment!
I replaced that clunker with a new Toshiba (with color) top-of-the-line model. It ran Windows 98, had an amazing 300 MB hard drive, and the other specs basically knocked the socks off of every tech friend I had. It was an amazing machine. It should have been for the $2500 I paid for it. Within the first couple months of purchasing it, the screen went blank. It had a warranty, but I was living in Vietnam where there were no warranty centers. So I had to fly to Bangkok, drop it off at a warranty center and wait for it to be fixed. My flight and accommodations in Bangkok cost me about $500. After I got it fixed, I worked that one hard and it served us well for about 5 years until it officially turned itself into “clunker” status as well. I sold it at a garage sale in 2006 for $20.
I bought a top of the line Dell desktop in the fall of 2004 that cost me $1500. It had a sweet LCD display, two DVD drives, a massive 60GB harddrive, firewire, Windows XP – all the bells and whistles. Within a month, the whole thing didn’t work. Luckily it was still under warranty and a guy showed up and replaced basically every important part of the CPU. That machine lasted us 6 years until I finally gave it away to a charity.
I bought a new laptop in summer 2005 – a Gateway – for around $1000. It seemed really cheap compared to my last one, but had amazing features like a 40 GB hard-drive and it ran Windows XP. About three years in, the internal connection to the power cord broke. Of course, no warranty. I had someone rip it apart and attempt to solder through the problem. It worked for another two weeks and then died permanently. It’s still sitting in my closet.
I bought a Dell Netbook in 2009 for about $350. Everybody loved it at first, but now all my kids complain that it’s two slow and it just sits there.
I bought an all-in-one Dell touch-screen desktop for about $1200 in January 2011. It’s still a nice machine. It’s got a very fast processor that can crank out anything including heavy video editing, 1 TB hard-drive and some other very cool features. We shall see how long it will last.
Luckily, my work provides me with a laptop now which is upgraded every two years, so I don’t plan on buying another personal one for a while. I did, however, purchase 2 iPADs for our family – each one at $500.
So for my entire life, I have given these tech companies over $9200. What do I currently have to show for it?
A net financial loss of $8980.
One broken laptop.
A Netbook nobody uses.
Two functioning iPADs which the kids (mostly) use for games.
One desktop that we use for homework and playing music.
Hmmmm. I don’t know. Are computers the worst financial investment ever?
Thoughts anyone?
