Americans sure are spending a lot of money on cars and fuel.
There was a thread earlier about real estate investment. If a family took one car out of service (or drove cheaper more fuel efficient cars) they could buy an investment property, that when paid off, would become a cash cow. Do that several times over a working career and you can have a nice real estate portfolio.
Instead Americans sink all their money in wasteful automobiles.
[/quote]
Weren’t you the one who started the “it’s only money” thread? And now you are poo-pooing how people use their money?
Some of us want to enjoy our dough. Some of us choose to do that with autos. After all, that’s part of the reason I work so hard.
My goal is to have enough $$ to live comfortably in retirement, not to have the biggest hoard of cash possible. You should visit the British Museum and see all the displays on the hoards they have discovered stashed around the UK. Then think about how the person who left that hoard could have enjoyed life more had s/he spent it instead of burying it.
