We invested in a nice travel trailer a few years ago. I know the resale value won’t go up much like a stock but the money I saved on going on vacation has been enough to go out to eat a few extra times a month.

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Posted by tigerbutt

Deep South

Member since Jun 2006

24604 posts

Posted on 7/19/20 at 7:33 am to OysterPoBoy

quote:
I know the resale value won’t go up much

You mean you know the resale value will go down dramatically. If you didn’t mean this you are doomed for retirement.

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Posted by Ace Midnight

Between sanity and madness

Member since Dec 2006

89618 posts

Posted on 7/19/20 at 9:05 am to OysterPoBoy

quote:
We invested in a nice travel trailer a few years ago.

Unless you're renting that travel trailer out to other people, at a profit, you didn't "invest" in anything.

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Posted by RedlandsTiger

Greenwell Springs, LA

Member since Jan 2008

2945 posts

Posted on 7/19/20 at 9:11 am to OysterPoBoy

quote:
We invested in a nice travel trailer a few years ago.

That is not an investment, it's a liability. Especially if it is financed. If it's new, it depreciated the minute you pulled it off the lot and it will continue to depreciate.

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Posted by TorchtheFlyingTiger

1st coast

Member since Jan 2008

2136 posts

Posted on 7/19/20 at 2:32 pm to OysterPoBoy

quote:
We invested in a nice travel trailer a few years ago. I know the resale value won’t go up much like a stock but the money I saved on going on vacation has been enough to go out to eat a few extra times a month.

I'm almost positive this is sarcasm but I've known too many people that actually think and live this way. You did a perfect job capturing their perspective.

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