While we may feel like we “need” the newest phone or a virtual reality headset, the reality is these kinds of assets rapidly depreciate and you probably are going to end up with “buyer’s remorse” pretty quickly after the appeal of the new technology has worn off. You’re much better off using that money to pay down your mortgage or "invest in yourself" by taking a class or learning a new skill. Your future self will thank you for it!
Disclaimer: Past performance is no guarantee of future results. All investing involves risk. Depending on the types of investments, there may be varying degrees of risk. Investors should be prepared to bear loss, including total loss of principal.