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Jonathan Tobin: Defending the Right to a Jewish State

Heather Hale: Compliment your kids without giving them big heads

Megan Shauri: 10 ways you are ruining your own happiness

Carolyn Bigda: 8 Best Dividend Stocks for 2015

Kiplinger's Personal Finance editors: 7 Things You Didn't Know About Paying Off Student Loans

Samantha Olson: The Crucial Mistake 55% Of Parents Are Making At Their Baby's Bedtime

Densie Well, Ph.D., R.D. Open your eyes to yellow vegetables

The Kosher Gourmet by Megan Gordon With its colorful cache of purples and oranges and reds, COLLARD GREEN SLAW is a marvelous mood booster --- not to mention just downright delish
April 18, 2014

Rabbi Yonason Goldson: Clarifying one of the greatest philosophical conundrums in theology

Caroline B. Glick: The disappearance of US will

Megan Wallgren: 10 things I've learned from my teenagers

Lizette Borreli: Green Tea Boosts Brain Power, May Help Treat Dementia

John Ericson: Trying hard to be 'positive' but never succeeding? Blame Your Brain

The Kosher Gourmet by Julie Rothman Almondy, flourless torta del re (Italian king's cake), has royal roots, is simple to make, . . . but devour it because it's simply delicious

April 14, 2014

Rabbi Dr Naftali Brawer: Passover frees us from the tyranny of time

Greg Crosby: Passing Over Religion

Eric Schulzke: First degree: How America really recovered from a murder epidemic

Georgia Lee: When love is not enough: Teaching your kids about the realities of adult relationships

Cameron Huddleston: Freebies for Your Lawn and Garden

Gordon Pape: How you can tell if your financial adviser is setting you up for potential ruin

Dana Dovey: Up to 500,000 people die each year from hepatitis C-related liver disease. New Treatment Has Over 90% Success Rate

Justin Caba: Eating Watermelon Can Help Control High Blood Pressure

The Kosher Gourmet by Joshua E. London and Lou Marmon Don't dare pass over these Pesach picks for Manischewitz!

April 11, 2014

Rabbi Hillel Goldberg: Silence is much more than golden

Caroline B. Glick: Forgetting freedom at Passover

Susan Swann: How to value a child for who he is, not just what he does

Cameron Huddleston: 7 Financial Tasks You Should Tackle Right Now

Sandra Block and Lisa Gerstner: How to Profit From Your Passion

Susan Scutti: A Simple Blood Test Might Soon Diagnose Cancer

Chris Weller: Have A Slow Metabolism? Let Science Speed It Up For You

The Kosher Gourmet by Diane Rossen Worthington Whitefish Terrine: A French take on gefilte fish

April 9, 2014

Jonathan Tobin: Why Did Kerry Lie About Israeli Blame?

Samuel G. Freedman: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Jessica Ivins: A resolution 70 years later for a father's unsettling legacy of ashes from Dachau

Kim Giles: Asking for help is not weakness

Kathy Kristof and Barbara Hoch Marcus: 7 Great Growth Israeli Stocks

Matthew Mientka: How Beans, Peas, And Chickpeas Cleanse Bad Cholesterol and Lowers Risk of Heart Disease

Sabrina Bachai: 5 At-Home Treatments For Headaches

The Kosher Gourmet by Daniel Neman Have yourself a matzo ball: The secrets bubby never told you and recipes she could have never imagined

April 8, 2014

Lori Nawyn: At Your Wit's End and Back: Finding Peace

Susan B. Garland and Rachel L. Sheedy: Strategies Married Couples Can Use to Boost Benefits

David Muhlbaum: Smart Tax Deductions Non-Itemizers Can Claim

Jill Weisenberger, M.S., R.D.N., C.D.E : Before You Lose Your Mental Edge

Dana Dovey: Coffee Drinkers Rejoice! Your Cup Of Joe Can Prevent Death From Liver Disease

Chris Weller: Electric 'Thinking Cap' Puts Your Brain Power Into High Gear

The Kosher Gourmet by Marlene Parrish A gift of hazelnuts keeps giving --- for a variety of nutty recipes: Entree, side, soup, dessert

April 4, 2014

Rabbi David Gutterman: The Word for Nothing Means Everything

Charles Krauthammer: Kerry's folly, Chapter 3

Amy Peterson: A life of love: How to build lasting relationships with your children

John Ericson: Older Women: Save Your Heart, Prevent Stroke Don't Drink Diet

John Ericson: Why 50 million Americans will still have spring allergies after taking meds

Cameron Huddleston: Best and Worst Buys of April 2014

Stacy Rapacon: Great Mutual Funds for Young Investors

Sarah Boesveld: Teacher keeps promise to mail thousands of former students letters written by their past selves

The Kosher Gourmet by Sharon Thompson Anyone can make a salad, you say. But can they make a great salad? (SECRETS, TESTED TECHNIQUES + 4 RECIPES, INCLUDING DRESSINGS)

April 2, 2014

Paul Greenberg: Death and joy in the spring

Dan Barry: Should South Carolina Jews be forced to maintain this chimney built by Germans serving the Nazis?

Mayra Bitsko: Save me! An alien took over my child's personality

Frank Clayton: Get happy: 20 scientifically proven happiness activities

Susan Scutti: It's Genetic! Obesity and the 'Carb Breakdown' Gene

Lecia Bushak: Why Hand Sanitizer May Actually Harm Your Health

Stacy Rapacon: Great Funds You Can Own for $500 or Less

Cameron Huddleston: 7 Ways to Save on Home Decor

The Kosher Gourmet by Steve Petusevsky Exploring ingredients as edible-stuffed containers (TWO RECIPES + TIPS & TECHINQUES)

Jewish World Review Jan. 16, 2007 / 26 Teves, 5767

Extended warranties rarely worthwhile

By Vicki Lee Parker


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http://www.JewishWorldReview.com | (MCT) For many years, the shopper's dilemma has been: to buy or not to buy the extended warranty.


Late last year, the Consumer Reports magazine answered that question with a great big NO.


The consumer group said extended warranties are a waste of money because they are overpriced and because products rarely break within the three-year period that most cover.


Their recommendation is on target, but some people may have a hard time applying that rule in all situations. Even Consumer Reports had two exceptions: rear-projection TVs and Apple computers.


Eric Arnum, editor of Warranty Week in Forest Hills, N.Y., naturally disagrees with Consumer Reports.


"There is no such thing as a bad extended warranty, there is such thing as a bad extended warranty price," said Arnum.


"I think most consumers have learned to shop around for the best priced products. But they have to learn to go the next step and shop around for the best price of the warranty."


Arnum said warranty prices vary far more than the price of the actual products. He conducted a test to find the best warranty price for a 42-inch flat screen Panasonic television. He found one online at Crutchfield.com, an electronics store, for $1,900 with a three-year warranty for $500. His local Target had the same TV for $1,400. The three-year warranty there was $79.


The price difference gives consumers a lot of room for negotiation.


Brandi Ritter, a market research analyst at Stock Building Supply in Raleigh, N.C., said she negotiates everything when shopping, from price to warranty.


Recently Ritter got a local car dealer to agree in writing to refund her the entire warranty price if she doesn't use it before it expires.


"You have got to play hardball," Ritter said. She walked out of the deal, and the salesman called her twice at home before they settled on the price she wanted for the car and warranty, she said.


But Consumer Reports would say that even this is not the best deal for the consumer.


"You are still spending money betting the product is going to break," said Amanda Walker, senior editor of Consumer Reports. "It's an expensive kind of insurance."


Walker said the best strategy is to buy a reliable product and that consumers should research the best products before they buy.


If you must have a warranty to sleep at night, here are Walker's tips for getting the most for your money:

  • Check your credit card benefits. Some premium credit cards will extend the manufacturer's warranty.

  • Negotiate. There is a significant markup and profit margin on warranties. Some salesmen often earn more money on the warranty than the product itself. If they won't lower the warranty price, then ask for a discount on the product.

  • Shop around. Don't pay more than 20 percent of the purchase price of a product.

  • Find out how long the coverage last and what could void the coverage.

  • Check for add-on fees, such as a deductible for repairs.

  • Find out where you can return the product for service.

  • For heavy bulky items, find out whether pick up or in-home repair is included.

  • Check for a lemon law clause that allows for replacement after a few repairs.

Every weekday JewishWorldReview.com publishes what many in in the media and Washington consider "must-reading". Sign up for the daily JWR update. It's free. Just click here.

Vicki Lee Parker is a columnist for The News & Observer. Comment by clicking here.

Previously:

Too busy for tax planning? It'll cost you


© 2007, The News & Observer Distributed by McClatchy-Tribune Information Services

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