re: Saw Carson Becks new car today - NIL must be good

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I’m not saying anything other than spending a big chunk or your NIL money on a $300k car shows poor judgment.

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It is a depreciating asset class but it won't be worth zero in the next 5 years unless he wrecks it but that's what insurance is for. What if he spent his other money on responsible investments and this was the 10 percent of his kitty that his advisor said "go spend something for yourself"?