Quote:
Originally Posted by AndrewAZ
Didnt you read the topic I posted that in? I got flamed for saying such smartness... Finally another person with common sense.
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A smart person would rather lease a 90k car and invest the money? Not really, a smart person would spend less on a car and diversify.
Like I said, if you look at the McMansions around me, many cars are not BMWs, they're Japanese, Accord-Avalon'ish. Because when the avg. mortgage is pushing over 5k/mo., hundreds of dollars/mo. wasted on a car does matter.
The "leverage your portfolio lease your M5 hold no cash" mentality that we see on this forum makes me think of cowboys. Sometimes they do fall off their horses but hope nobody sees.