Date registered: Aug 2002
Vehicle: 190E, 400E, SLK350
Location: Chesapeak Bay
Mentioned: 1 Post(s)
Quoted: 982 Post(s)
How rich you are is relative to your combined expenses plus costs or overhead required to maintain your lifestyle.
For example: you generate a million bucks out of nothing and you go and purchase three new Ferraris, you are pretty much broke!
Nope, you still have a total asset worth the value of the Ferraris. You wont go far with them but they are a good hedge if they grow in value while money alone becomes worthless.
Last edited by DP; 05-04-2009 at 04:55 PM.