Originally Posted by
Nantonaku
When you build a large enough portfolio of money producing assets (CDs, dividends, business payments) then you can actually live without working and still grow your wealth. Unless you are a professional trader I don’t see how a Ferrari is part of an investment strategy. What is insurance costs on something like this? Where does a normal person drive something like this in a northern city where massive potholes are the norm?
Why stop at Ferraris? Anything can/can't be an investment. Boats, planes, vacation homes, vintage motorcycles, art etc. Who cares, if you want these things, there are ways to buy them right. QOL might be doing 200MPH only 6 inches from the ground or getting that place in the keys. You can invest in many things with varying risk and returns. I have yet to catch a 60lb fish with an electronic certificate of deposit. Does Vanguard build homebuilt jet kits like Sonex? People have cleared 20% in 2 years and the enjoyment of the build and test flying.