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re: Saw Carson Becks new car today - NIL must be good
Posted on 2/6/24 at 11:02 pm to Peter Buck
Posted on 2/6/24 at 11:02 pm to Peter Buck
quote:
I’m not saying anything other than spending a big chunk or your NIL money on a $300k car shows poor judgment.
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"?
1
Posted on 2/7/24 at 1:13 am to deeprig9
If his advisor said buy a $300k car he is a bad advisor
$20k ad velorum tax and $7k per year insurance on top of it.
$20k ad velorum tax and $7k per year insurance on top of it.
This post was edited on 2/7/24 at 1:18 am
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