Another finance question !
Discussion
Hi,
Four of us in the office have been discussing a situation and we all had different opinions , i wanted to see what you nice people think of it.
Imagine a person who has 60% equity in his 500K flat. Has around 200k cash in bank and another 150K invested in different areas.
Our friend in question is 36 years old on a high salary, loves sports cars but doesnt think he is wealthy enough to drive a 50k+ car. His argument is that in order to drive a sports car one must be a millionaire. I disagreed with him. He is not married, no kids, no one to support.
Just wanted to see what you guys think. Do you have to be a millionaire to drive a super car. Is our friend being silly ? (i am not wealthy as he is but buying a F430 !!! )
thank you
Four of us in the office have been discussing a situation and we all had different opinions , i wanted to see what you nice people think of it.
Imagine a person who has 60% equity in his 500K flat. Has around 200k cash in bank and another 150K invested in different areas.
Our friend in question is 36 years old on a high salary, loves sports cars but doesnt think he is wealthy enough to drive a 50k+ car. His argument is that in order to drive a sports car one must be a millionaire. I disagreed with him. He is not married, no kids, no one to support.
Just wanted to see what you guys think. Do you have to be a millionaire to drive a super car. Is our friend being silly ? (i am not wealthy as he is but buying a F430 !!! )
thank you
Well done on the ability to buy a f430 enjoy it.
Others finances well everyone has different preferences choices perception of risk and goals. There is no wrong or right answer unless your ok with overextending and face the fall out or on deaths door as such buy everything you ever wanted or sod it hire the thing
Others finances well everyone has different preferences choices perception of risk and goals. There is no wrong or right answer unless your ok with overextending and face the fall out or on deaths door as such buy everything you ever wanted or sod it hire the thing
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