Nope, my wife is awesome, but not a saint. I would think that you would have more financial sense to buy a 2+M house if it is losing 100K per year or more. Are just baiting me? or would you do something that stupid?
If you have a tear down lot and are building on it, it’s a lot different then going out and buying a house which is poised to topple… Some friends of mine just bought a 3.5M house in OC… I think they are regreting buying it last year.
I spend money like water, quite the opposite from being a skinflint! I’m just not an idiot!
People don’t get rich by making bad investments. Why buy at the top of the market?
My trust isn’t a Bahamian whatever, it’s just a standard trust. It still pays estate taxes, but it avoids probate and as stated before sets up reasonable dollars for my family if and when I die.