Welcome to Just Commodores, a site specifically designed for all people who share the same passion as yourself.
This is one of the biggest problems most people have with money, they don't understand the importance of net worth. It is exactly like a savings account if you can take out the money just like a savings account. You are 3% better off and as you correctly pointed out, its actually better than a savings account because you don't pay tax on it.
Also just an opinion on ex cop cars... would you or wouldn't you?
Yep, can't have a discussion about collectibles without discussing the mertis of other investments as a comparison.Love how the thread went from ex cop cars to barefoot investor home loans
... So i am actively looking for a VF SS S2 and all i keep hearing from dealer to salesman is these are going to be collectibles and the price will only continue to rise.
Is this true or just another stupid tactic to try and sell them and keep them at such ridiculous prices?
Also just an opinion on ex cop cars... would you or wouldn't you
Comparing two different things here, one is with risk, one is without. Risk management, its what I do I have to be good at something because it certainly isn't cars. I got bamboozled by the design of the spare well notches for my jack
Didn't say property was risk free. I said saving at 3% by paying off your home loan is risk free. In fact, anyone who buys a house now is crazy.