On September 7th, the iPhone 14the Apple smartphone that attracts the attention of users due to the list price that, for some consumers, seems high.
According to the official Apple website, the iPhone 14 in its cheapest version costs 20,999 Mexican pesos, while the most expensive iPhone in the line (Pro-Max 1 Terabyte) costs 41,999 Mexican pesos, which is equivalent to 2,101 dollars.
Buying an iPhone 14 vs. investing
Instead of making that expense, there are a number of options to allocate the same amount that the new smartphone from the Cupertino company costs, but in investments. Instead of a purchase that may lose value over time, future gains can be made if the investor uses that capital in the right way:
cryptocurrencies
According to data from Aurea Capital Markets, there are cryptocurrencies such as Ethereum, one of the most popular digital currencies, which are priced at 1,547 dollars per unit (slightly less than the 2,101 that the iPhone costs).
This currency, along with Bitcoin, is one of the strongest digital cryptocurrencies; It has a high potential since there are a number of financial applications and platforms that are based on this currency.
It is worth mentioning that this is a decentralized finance scheme, also known as DeFi, which is believed to end up replacing the traditional financial scheme, according to Harvard University.
Forex
Without a doubt, 41,999 pesos can be an ideal amount to enter the Forex Market, the largest and most liquid in the world that consists of exchanging currencies 5 days a week, 24 hours a day, and in the different market sessions that are London, New York, Sydney and Tokyo.
This market has the advantage thanks to its large volume (more than 4 trillion dollars daily) that makes it easy to enter and exit positions instantly, with a single click, and from anywhere in the world. The volatility it offers allows the investor to benefit from any movement the market makes, and not much capital is required to start.
CFDs
Trading CFDs means buying a certain amount of certificates based on a currency, such as the dollar or the euro, and benefiting from the value in which the asset appreciates.
Today, the dollar tends to continue appreciating towards the end of the year, according to estimates by the Bank of Mexico. But even if the dollar weakens, the investor can open a short position, sell a certain amount of the CFDs they hold, and benefit from the depreciation.
apple stock
What if instead of buying a phone, you become a shareholder in the company? You can do it on the stock market, where (as of September 7, 2022) Apple (NASDAQ:AAPL) shares are trading at $155.96.
In other words, with the cost of the firm’s newest smartphone, you can buy just over 10 shares of the company that could generate profits, especially considering that it is an asset that has accumulated recent appreciation and is expected to continue to increase. its value during the following weeks. As of press time for this article, during trading on September 7, Apple shares gained 0.93 percent.
sow yields
Without a doubt, it is important that people who have extra capital that they want to ‘sow’ to generate future returns and profits, think carefully about what instrument to place it in. The options are currently very diverse, but whatever the investor chooses, it is important to go with a regulated and specialized broker that has specialists in trading and investments to be able to make well-informed movements, and better oriented to success.
Otherwise, a ‘blind’ and impulse-driven investment, disregarding the risks involved and seeking instant profit, is likely to end in loss and significant user disappointment.
Edward Abarca CEO and founder of Aurea Capital Markets, a Mexican financial firm that manages investment portfolios. Architect, opinion leader and creator of the first online financial markets academy in Latam.