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139R | Time is on Your Side

ChooseFI

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How to Win With Cars

If you bought a new car once, what are you going to do next time? And in particular, how long will you hold on to this car for? We got to realize 99.99% of the population expects to lose money on cars. So if I have payments on this car for five years, I plan on driving this car for a minimum of 15 years. That's $750,000 is what we calculated on that as opposed to a person that has that $250, $300 a month car payment for their entire investing lifetime.

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