Money Guy Show What is a "Luxury Car" - and Should You Buy One?
Oct 11, 2023
Explore the definition of a luxury car and the process of buying one. Learn about the impact of guaranteed income on investment risk, the importance of a matching portfolio and paying cash for cars. Discover strategies for determining the amount of cash to keep beyond an emergency fund and tax strategies for retirees.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 2min
Understanding the Impact of Guaranteed Income on Investment Risk
01:48 • 3min
The Importance of a Matching Portfolio and the Rule of Paying Cash for Cars
04:33 • 13min
Determining the Amount of Cash to Keep Beyond Emergency Fund
17:42 • 5min
Tax Strategies and Opportunities for Retirees
22:43 • 12min