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re: People go into $50k of debt to buy a F-150 instead of investing in a low-cost Vanguard ETF

Posted on 5/4/22 at 6:29 am to
Posted by dstone12
Texan
Member since Jan 2007
30477 posts
Posted on 5/4/22 at 6:29 am to
They think it’s a truck anyway.

quote:

Exchange-traded funds (ETFs) have been lauded as one of the most transformative innovations in modern asset management. As a vehicle, they’ve enabled investors to access diversified pools of securities with the single click of a button, at any point in the trading day.
Posted by BearsFan
Member since Mar 2016
1283 posts
Posted on 5/4/22 at 7:22 am to
I don’t think it is as simple as the OP makes it. People do need at least some form of transportation.
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