13min chapter

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What is a "Luxury Car" - and Should You Buy One?

Money Guy Show

CHAPTER

The Importance of a Matching Portfolio and the Rule of Paying Cash for Cars

This chapter explores the significance of aligning risk capacity and risk tolerance in a portfolio and advocates for avoiding aggressive investment decisions. The hosts also discuss their rule of paying cash for luxury vehicles to minimize depreciation and emphasize the importance of reliable transportation for wealth building.

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