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Old 12-18-2014, 10:45 AM   #16
Perfectlap
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Join Date: Nov 2004
Location: New Jersey
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Quote:
Originally Posted by Flavor 987S View Post
It's a $1,000,000 car BFD. If you have $10 million what's 10% of your net worth? BFD. If you have $100 million what's 1% of your net worth? BFD. This is not just a billionaires toy.
10% of your net worth in one car? Not too smart no matter how rich or poor...
Odds are if someone's making those kinds of decisions they're probably making other bad decisions elsewhere (bad investments, over-leveraging, etc.) and won't be rich for too long. Plunking 10% of your dough into a single car? LOL... not even if I had it.

As one top 0.001% rich person once told me (from a family that was at least five generations outrageously rich),
"it's not about what you make, it's about what you keep."
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