For smokers who smoke on a regular basis, the cost can be exponential. Smoking a pack a day at $6.75 per pack for one year costs the average smoker 2,463. 75. That can be very expensive, not to mention this is for only a one pack per day smoker. Some smokers are easily a two a day, some even three packs a day smokers. Imagine, if you can save money from smoking, turn around and invest that money while the market is at its low point — you could make a steady 10-20%, if not more, just investing in mutual funds.
If the average, pack a day smoker converted their resources over to an electronic cigarette, they would have the potential to save a lot more then what they are spending currently. If they purchase the refill cartridges at roughly $10 for a case, and the case lasts them as long as 2 packs of cigarettes, then they will be spending$730 dollars a year on cartridges. That leaves the consumer with a surplus of $1,733.75 a year. That alone is a big enough savings to please a consumer in this volatile market.
Now lets say that one only invests 50% of that, leaving the rest in their pocket. That leaves $866.88 to invest and $866.88 to spend at your hearts desire. Now, investing that money in a mutual fund, earning you a minimum of 15%, gets you and extra $130 dollars per year for doing nothing. That is roughly $1,000 dollars that you just saved. When the market gets better, that will leave you with even more money in your account. Turn that $1,000 over, compounding, and you could have well over %10,000 in about 7 years. Here is where you can start your savings!
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kylew
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