2 ms·

Depends on the something. Inflation as it is today, the price of a new something in 12 months might be up 6% or more over those 12 months, but you're locking in

Depends on the something. Inflation as it is today, the price of a new something in 12 months might be up 6% or more over those 12 months, but you're locking in the price today.

post-it 3y ago
Locking the price in is only a guaranteed benefit if you 100% will end up buying it and the price does go up.
- jameshart 3y ago
  If the price goes up, then someone will buy it at that higher price. That's what a price is.
  - post-it 3y ago
    If someone else buys it then you're not spending anything.