3 Stocks You Can Buy With the $949 You Were Going to Spend on the iPhone 13
All eyes will turn to Apple (NASDAQ: AAPL) this afternoon, as the country's most valuable company by market cap unveils its shiny new iPhone. There's plenty of buzz surrounding the bellwether's next smartphone. A better battery, an improved camera, and undeniably many new features will be part of the upgraded portable device.
There's also going to be a hefty ransom to be paid to score an iPhone 13. Last year's model fetches as much as $949. What would happen if you passed up this year's upgrade cycle? The phone you have now is probably more than serviceable. What if you took that iPhone 13 money and bought some stocks instead?
More to the point, what if you used those funds to buy some Twilio (NYSE: TWLO), Verizon (NYSE: VZ), or even Apple itself? In this era of fractional shares, you can even buy roughly equal chunks of all three. Let's see why these investments could be better than putting a new iPhone 13 in your hands.
Source Fool.com
