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IF you have a million, what are the things you would NOT spend it on

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Teslin · M
Kae20 · 56-60, FVIP
@Teslin Is that because youve got one already or cant you drive?
Teslin · M
@Kae20 I have a car and I can drive.
Cars are a necessity but also the worst investment.
chrisCA · M
@Teslin It depends on the car.
Teslin · M
@chrisCA An antique could possibly increase in value.
But a new car depreciates as soon as you drive it off the lot.
chrisCA · M
@Teslin So true, but if you bought, for example, a Porsche, or Ferrari, it could very well increase in value over the years.
Teslin · M
@chrisCA I agree with you.
But, I feel cars are something that gets you from point A to point B. I'm a practical person and buying a safe, reliable car makes more sense to me than a high end luxury car. I would rather spend $30k on a car than 130K, or more and take the $100K and spend it on fun.