Thursday, January 17, 2008

Buy Your Gadgets with a "Put Option"!


A few new companies are offering their gadgets with a put option. A Los Angeles-based company is offering it's clients a "guaranteed" buyback plan for electronics.

"For a fee paid when you buy a device -- $9 for an iPod, for instance -- you get the right to sell it to TechForward at a predetermined price that depends on how long you keep it. If you sell an iPod after a year, for example, you would get $40; after another year, $20." More at CNN

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