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re: Buying an expensive vehicle
Posted on 2/28/16 at 11:57 am to The Silverback
Posted on 2/28/16 at 11:57 am to The Silverback
No less than 10,000,000 in liquid assets?
Still seems dumb to me. I think I'd only do it if I had closer to 20,000,000 personally. Still, there are many more things I'd rather spend money on.
What's interesting though is if you take your average hundred thousanaire and see that they spend 50-75k on a truck, then it would be far less than that. But, that's extrapolating one bad decision to an ever worse one.
Still seems dumb to me. I think I'd only do it if I had closer to 20,000,000 personally. Still, there are many more things I'd rather spend money on.
What's interesting though is if you take your average hundred thousanaire and see that they spend 50-75k on a truck, then it would be far less than that. But, that's extrapolating one bad decision to an ever worse one.
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