If you own an HDTV, you probably know that the type of cable connecting your set top box to your TV makes a big difference in quality. But there’s no reason to pay $120 or more for this cable. In fact, if you pay more than $20 you’re making a huge mistake.
Cable and satellite companies recommend you connect your set top box to your TV using an HDMI cable (also known as a Monster cable). Electronic stores like Best Buy and Radio Shack love to sell HDMI cables for a huge profit. They’ll buy a $6 cable from a wholesaler and mark it up to well over a $100. These are one of their most profitable items!
Never, ever buy an HDMI cable from an electronics retailer. An HDMI cable is a digital cable which, by definition has no signal loss no matter what brand you buy. As long as it meets HDMI standards, the only real difference between HDMI cables is the price.
So instead of buying from a fancy retailer, get the same equipment at a wholesale price online (I usually check out Monoprice.com). The same goes for speaker wire, Ethernet cable, and many other AV wires or connectors.
Tip: When getting a set top box installed for a new TV, make sure you have the TV out of the box. The cable companies will usually give you a free HDMI cable when hooking up the service. If you don’t have the TV around, they may not leave you a cable.
Want to buy a car near (or below) dealer cost?
Get the free 10-Day Car Buying Expert Email Course
- How to buy a car at the best possible price (by making dealers compete)
- When is the best time to buy a car?
- How to find the best financing available (by making lenders compete)
- How to sell or trade-in your car for maximum value