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2024-06-09 16:48:38

Andrew Lokenauth on Nostr: Don't waste money on luxury cars that depreciate. Instead, do this: 1. Buy a reliable ...

Don't waste money on luxury cars that depreciate.

Instead, do this:

1. Buy a reliable car like a Toyota or Honda
2. Pay it off
3. Maintain it and drive it for 7 to 10 years
4. Invest the money saved in a Roth IRA

Repeat this over 15-30 years and wealth is inevitable.
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