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    Home»Investment»Too Much Temu — The Barefoot Investor
    Investment

    Too Much Temu — The Barefoot Investor

    By Staff WriterJanuary 30, 20251 Min Read
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    Hi Scott,
     
    I’ve just been clearing out my mother’s motor home and storage shed after she passed away. She had SO many (UNOPENED) packets with random labels, apparently all from Temu. Checking her Temu account, she had spent over $1,000 in the last five months!
     
    Alex

     
    Hi Alex
     
    As I wrote last week, Temu has turned shopping into gambling: it’s so cheap you’re willing to take a punt on whether you’ll actually use it or not (and besides, you only need to buy a few more things to qualify for free shipping, or discounts, or both).
     
    I also think they’ve tapped into the inner six-year-old in all of us: who doesn’t love the rush of waking up on Christmas morning and seeing all the presents Temu Santa has left for us? The problem that you’ve nailed with your mum is that it’s mostly just stocking-filler rubbish that you’ll discard by New Year.

    –Scott.

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    Onida Electronics Reports Impressive Revenue Growth in Q3

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