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Regrets



#4

I know I'm repeating myself, but I still remember back in the 70s when the HP-70s went on closeout. The price dropped so much (along with the others that were closing out at the time) that I remembered thinking I could start an HP collection, starting with the 70, which I assumed would be one of the harder ones to get later on, since I never knew anyone who'd buy one.

It was indeed pretty cheap, but since I was making about $600/month at the time, I really couldn't afford it.

Now, I see a 70 being bid up to $480 on its first day on eBay, and I have to wonder how many of my own footprints my butt is going to collect over the next week.

Yeah, yeah, inflation, opportunity cost, all those arguments. Still... I sure wish I'd got that 70 when I had the chance.


#5

Inflation has pretty much tripled the value of $1 since 1975, so if an HP70 is $500 today, then this is equivalent to about $166 back in 1976.

I'd guess, but I also imagine that $500 today is a smaller percentage of your income than $166 might have been back in 1975.

Still, IF you had found them REALLY cheap and kept them NIB, then you would make a real killing today.

My 2 cents,
Gene


#6

Perhaps the best investment would have been in a 16C. In 1989 they were selling for perhaps $60. Buying one new and selling it today on eBay would bring at least 5 times your investment (a 16C NIB goes for at least $300 today on eBay). That's equivalent to investing $60 in a savings account over ten years with an annual interest rate of 16.2%. Not too bad!

But then again, hindsight is 20/20.


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