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Rebates - Benefit Or Rather A Sham?
Rebates have become increasingly popular in the last few years on a lot of items and certainly on electronic items and PCs. Rebates of $20, $50 or $100 are usually not unusual.
I've even seen items marketed as "free after rebate". Do these rebates come under the heading of "too good to be true"? Some of them do and there are "catches" to watch out for but if you are cautious, rebates will help you get some very good deals.
The way a rebate functions is that you pay the listed price for an item then mail in a form and the bar code to the manufacturer and they send you a refund thus decreasing the cost of what you paid for the item but with a time delay of several weeks.
Rule #1. Rebates from reliable companies are usually just fine.
You can be pretty sure you will get the promised rebate from Best Buy, Amazon or Dell but you should probably not count on getting one from a business you've pretty much never heard of. If you really want the item and are OK with paying the price listed then buy it but don't rely on actually getting the rebate.
Rule #2. Check rebate expiration dates.
Many times products will stay on the shelf of a retail store after the date for mailing in the rebate offer has expired so check that date carefully.
Rule #3. Be sure you have all the forms necessary to file for the rebate before you leave the store.
Rebates will almost always require a form to be filled out, a receipt for the purchase and a bar code.
Rule #4. Back up your refund claim.
Make copies of anything you send in to get your rebate plus the bar code. Stuff gets lost in the mail frequently and if the rebate is for $50 it's worth the trouble to back up your claim.
In short, the above information is extremely helpful on instructing you how to sensibly invest your funds while safeguarding your expected financial return. To take your funds to the next level, invest in something more lucrative, search listings under "going public", "merger company" or "merger companies" and consult a professional.
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