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by charlesdm
2954 days ago
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Yup, exactly my line of thinking! As an example: I had the opportunity to take over a very nice corporate car of a friend at a ridiculously low price (for a variety of reasons). Basically I managed to purchase at half the actual value of the car -- it was a few years old but looked almost new and had super low miles. It was in perfect condition. I could've bought and sold it on the spot for close to double the price I paid. But I'll drive it for a few years and likely be able to sell it for close to the same price I originally paid for it. Others go buy a new car, take a massive depreciation hit, and in the end spend tens of thousands more. The expensive tickets are worth focusing on. Then go drink all the coffee you want. |
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