Link: Excite Money & Investing.
This story, about companies that, in effect, sell "put options" on gadgets, would seem to be right up my alley. I have boxes of old gadgets, non-working gadgets, broken gadgets, and other stuff cluttering my home office (more affectionately known by the family as "the cave" or "the garage". I have spent many pleasant hours rummaging through them, searching for a forgotten joy that I can figure out how to fit into my gadget laden existence, or for which I can find new mobile lawyering purpose. However, paying $9 up front for the privilege of selling the gadget in the future, at a predetermined price, seems crazy to me. If I truly have an old gadget that has market value, I can sell it on Ebay to another brain addled gadget freak. But, mostly I hoard this stuff, like a squirrel, content to be surrounded by old tech, and deriving enjoyment out of the prospect of a future treasure hunt.
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