|
Yeah, some good advice so far. Get it out of your head that your car is an investment, though. It's a depreciating asset, which is far different. You need to manage it because it costs you to own and operate it and you will, in the end, have far less to show for it than you paid into it. That is not an investment. An investment earns you a return. It makes you money.
This might sound like simple semantics, but semantics are underrated. It's how we understand the world.
__________________
Knowing that death is certain and that the time of death is uncertain, what's the most important thing?
—Bhikkhuni Pema Chödrön
Humankind cannot bear very much reality.
—From "Burnt Norton," Four Quartets (1936), T. S. Eliot
|