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re: The Percentage of Americans With Less Than $1,000 in Savings Is Shocking
Posted on 12/20/19 at 9:10 am to Klark Kent
Posted on 12/20/19 at 9:10 am to Klark Kent
quote:
he can afford the note and has that much in savings, who are we to tell this random dude on an Internet forum board how to live his life? Should he have not financed his home either? Just paid cash?
Real estate appreciates in value...boats do not. One is an investment and one is a depreciating asset. Boats are not an investment they are a luxury item most use max 50 days out of the year.
I own one myself but i bought it with cash used. I could afford to finance a nice new one but would rather invest my extra income every month instead of basically flushing it down the toilet.
This post was edited on 12/20/19 at 9:12 am
1
Posted on 12/20/19 at 9:14 am to gamatt53
quote:cool. Thanks for sharing
I could afford to finance a nice new one but would rather invest my extra income every month instead of basically flushing it down the toilet.
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