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Getting a Television on Black Friday? Read This First.

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To get a television or not? That is the question.

Just two months ago, I wrote about the next television revolution which combines two upcoming technologies OLED and 4K. OLED is a huge improvement for everyone with typical 1080P televisions (yes even those with plasmas). We'll get to it in a bit, but 4K isn't likely to make as big of a difference.

So if you are looking to buy a television this season, you'll want to keep the following in mind: You probably shouldn't, unless you should, and it doesn't matter, unless it does and it doesn't matter, except for when it does.

Confused? You should be. This is the most confusing time to buy a television I've seen in decades.

Is 4K (Ultra HD) Worth It?

I've been seeing some 4K televisions in the Black Friday ads this year. Since everyone remembers the huge improvement in going from SD to HD, the expection is that it will happen again with the switch to 4K televisions.

Unfortunately, 4K is mostly marketing. Most people (those with 20/20 vision) can't tell the difference at a certain distance. It depends on your eye sight, where you sit and the size of the television. The bigger the television, the better your vision, and the closer you sit, the more it matters. There's no point in getting a 30" 4K television and sitting 15 feet away from it. However, if you are 7 feet away, you can probably tell the difference on a 70" 4K television.

Fortunately there's a great 4K television calculator here.

You want to start by figuring out your viewing distance. Most likely that's going to stay constant unless you are planning to move or do room redesign. Let's assume you aren't going to do that. Most people sit around 9 feet away from their television... or at least that's the popular Lecher distance median number.

The next question is how big of a television should you buy. CNET answers this question directly. THX recommends a 90" television for that 9 foot distance. The Society of Motion Picture and Television Engineers (SMPTE) recommends a 68" television for 9 feet. CNET's recommendation was for a 72" television. Since you can't buy 68" or 72" televisions, let's just say that most people would be best suited with a 70" television.

I'm going to send to my wife the above paragraph.

Now that we know where most people sit and we have an idea of what size television they should (optimally) buy, we can plug these numbers into the handy aforementioned calculator to decide if 4K is worth it. Plugging in a 70" television with a 9' foot viewing distance and 20/20 vision, there is only a 29% improvement for 4K.

As if there weren't enough factors to consider, there is this. There isn't a lot of 4K content out there. In fact, there is almost none. So any kind of benefit you might see, may be masked by the source you are watching.

So in the typical case, even if you are spending a lot of money for a large 4K television, you aren't getting much benefit. If you drop the television size down to 55" (the most common 4K television size marketed on Black Friday) there is zero benefit.

However, if you have a nice little man (or woman) cave where your viewing distance is close and/or you have better vision than the norm, a 55" 4K television can make sense.

What About OLED?

As I wrote in the beginning of the article, OLED is where the best picture is. The problem is that only one company, LG, has been able to figure out how to make them efficiently enough to bring them to the audience. That's why a search for OLED televisions on Amazon gives you only choices by LG.

It's fun to read the reviews on the LG 55" Curved OLED TV... everyone is screaming about how incredible it is. You simply don't get that with all the 4K televisions. Of course, those 4K televisions don't cost $3,500 either.

If you are looking for something in the 55" range and want the best picture, you are better off skipping the 4K exercise above and going with this television. Of course it's going to cost you twice as much, but another way to look at it is that it would have cost you $15,000 last year.

And if you want the best of both worlds, you can get a LG Electronics 65-Inch 4k Curved OLED TV for only $9,999. I'd say that's my dream television, but there's a 77 inch version coming that's only $24,999. If you are wondering that's a better fit for my room size and seating distance (obviously not so much for my wallet).

What Do You Do?

It's impossible to give blanket advice on televisions. I can't say what's right for everyone.

However, the impossible hasn't stopped me before, so here's my two cents (which you get for free!).

The price of 4K televisions that are going to be big upgrades for most people is still too high - especially given the lack of content. OLED is really exciting, but again, the price is very high. I'm not sure Lazy Man and Money readers are the type to spend that kind of money. If you are, hopefully it's because you've been reading my site for years and made ridiculous amounts of money (if so, please share it with me).

If you have an older and/or smaller television and you can get a good deal on an upgrade that will keep you happy for the next 4-5 years (or longer) it might be worth taking that plunge. (As a preview for my next post, I am thinking of doing such a crazy thing!)

Otherwise, my best advice is to sit on the sidelines and wait for technology to do what technology does... get cheaper.

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Smart Purchases, Spending

Posted on November 24, 2014.

Deal: Top All-time Blu-Ray Movies for $3.99

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Every now and again I see a deal that I just can’t pass up. I usually don’t write about them, because I don’t think they will interest most people. Today is different. If you like movies, which I feel is almost everyone, you’ll probably enjoy this. Amazon has a bunch of Blu-Ray movies available for […]

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Smart Purchases, Spending

Posted on November 24, 2014.

Should I Upgrade My Furnace and Water Heater?

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Sometimes, I ask a question and I have a good hunch of what the right answer is going to be. Today’s article is not a such a case. As I write this article, I don’t know where it will go. That’s very different from most of my articles. In my last article, I wrote about […]

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Save Money On...

Posted on November 20, 2014.

Energy Assessments: Free Stuff and One Secret, Sneaky Tip

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When was the last time someone showed up at your home to save you money… and gave you over a hundred dollars worth of free stuff? This happened to me recently… and I want to share the experience with you. A few weeks ago I wrote abour our journey to solar power I like to […]

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Save Money On...

Posted on November 18, 2014.

Should I Pay for the 5% BJ’s Warehouse Cash Back?

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I was at my local BJ’s Warehouse the other day and I noticed that they were promoting a way to get 5% cash back. For those who don’t live in the New England area, BJ’s is like Costco. It’s your typical warehouse club. Since the prices are already very low, getting an extra 5% is […]

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Save Money On...

Last updated on November 13, 2014.

Lazy… Useless… Good for Nothing… That’s Not a Bad Strategy.

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The following is a guest post by Rob Pivnick, author of What All Kids (and adults too) Should Know About… Saving & Investing. There is more information about the author at the end of the article, but just reading his accomplishments makes me tired. Someone recently commented on an article of mine saying “I am […]

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Investing

Posted on November 13, 2014.

Veteran’s Day Deals that Aren’t

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I’m usually not one to look a gift horse in the mouth. If you’ve got something free, I’ll definitely look into taking it (though that leads me to me collecting a fair amount of junk). That said, this is the time of year where everyone posts great Veteran’s Day meals and deals. As I’ve mentioned […]

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Spending

Last updated on November 10, 2014.

Want $1500+ Worth of Apple Stock?

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I’m laying low for a couple of weeks. However, I’m still hoping to provide you with value. Today, I bring you a chance to win $2,500 of Apple stock. Nvestly is a new social investment platform and they want you to know what they’ve got cooking. The platform allows users to follow top investors and […]

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Contests

Last updated on November 9, 2014.

How Much is Your Caffeine Costing You?

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According to the FDA (PDF), “During this time, the average amount of caffeine consumed has remained constant at approximately 300 milligrams (mg) per person per day.” Thus the average person has 109,500mg of caffeine a year. How much does that cost? Glad you asked. I’ve got your answer. Before we get to that though, I’d […]

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MLM, Spending

Posted on November 6, 2014.

How Much is Your Coffee Costing You? (Maybe 1/3 of Million Dollars!)

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The last couple of days, I’ve been covering the cost of coffee. We covered the brewing coffee at home vs. buying at a coffee shop and the cost of single-serve (K-Cups) at home. Overall, I came away with four data points on four types of coffee (each normalized to 16 ounces). Here they are: At […]

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Spending

Posted on November 5, 2014.

 
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