tag:blogger.com,1999:blog-21698484.post7861781907301468273..comments2023-10-29T03:25:54.892-04:00Comments on Growth Matters: Pretending to be RichClement Wanhttp://www.blogger.com/profile/01099875523356009586noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-21698484.post-40877788783980690542010-10-15T19:32:28.690-04:002010-10-15T19:32:28.690-04:00I buy 10 year old Jaguars, and have done since 199...I buy 10 year old Jaguars, and have done since 1990. Looking forward to an XF-R in 2020...DWMFhttps://www.blogger.com/profile/17374495009989536839noreply@blogger.comtag:blogger.com,1999:blog-21698484.post-21514266741463321012010-10-12T20:22:47.896-04:002010-10-12T20:22:47.896-04:00You can't save yourself rich. You can be thri...You can't save yourself rich. You can be thrifty, and that'll help you <i>stay</i> rich. And, of course, you can be insufferably smug about BEING rich, congratulating yourself for a triple when you were born on thrd base.<br /><br />What these stats say to me is not that rich people are thrifty on average, but that a lot of people with middle-class tastes and behaviors have net worths that put them in the "rich" category.halojones-fanhttps://www.blogger.com/profile/05473935330204075559noreply@blogger.comtag:blogger.com,1999:blog-21698484.post-53307744675260982112010-10-12T19:32:51.926-04:002010-10-12T19:32:51.926-04:00I live in a trailer. Yeah, a house that you could ...I live in a trailer. Yeah, a house that you could put wheels on, in the middle of 80 acres.<br /><br />Drive a 2008 toyota tundra and a 2000 BMW motorcycle.<br /><br />Have a 100k a year job, and over a million in 401k, IRA, mutual funds, savings, etc.<br /><br />Cracks me up to see people in McMansions struggling to make the payments. Materialism sucks. Except when it involves weapons.living1nbf3https://www.blogger.com/profile/12514338591769646594noreply@blogger.comtag:blogger.com,1999:blog-21698484.post-26848770234658455892010-10-12T07:43:12.313-04:002010-10-12T07:43:12.313-04:00I'm chuckling at all the car comments - the ot...I'm chuckling at all the car comments - the other stats spoke much more loudly to me! I bugged and bugged my husband to start going to somewhere other than Supercuts for a haircut because they did such a crummy job on his (very tricky, cowlicky, curly) hair, so now he spends more like $40 on a haircut. But I JUST found a great local barbershop that's right in that $16 range, so I'm going to encourage him to switch.<br /><br />We USED to be worth about $2mil. Clawing our way back up, from our suburban house with our public-school kids and our old minivan and Pathfinder...Jamiehttps://www.blogger.com/profile/00623031374944444521noreply@blogger.comtag:blogger.com,1999:blog-21698484.post-2159827796071432010-10-11T21:35:47.794-04:002010-10-11T21:35:47.794-04:00When my wife's 7 year old escourt collapsed an...When my wife's 7 year old escourt collapsed and died of od age...with only 125k miles on the ticker...I talked her into buying a 1988 Jag XJ6 Van Den Plaz, with 100k miles on it. We paid 20% of it's new cost (a little over $4k, including necessary repairs) and ended up driving it for 10 years and putting another 100k miles on it.<br /><br />It died 4 years ago, we've been looking for another one ever since. I strongly recommend buying an older luxury mark and keeping it up. They drive like a dream and while a little more expensive to repair (Jags can be a nightmare if you don't do routine maint), they are well worth it.<br /><br />Rich Vail<br />Pikesville, MD<br />http://thevailspot.blogspot.comRich Vailhttps://www.blogger.com/profile/17858759001158247969noreply@blogger.comtag:blogger.com,1999:blog-21698484.post-60919861151070246752010-10-11T20:31:20.990-04:002010-10-11T20:31:20.990-04:00Before my dad passed he was offered an incredible ...Before my dad passed he was offered an incredible deal on a Jaguar. He insisted mom needed it and I take great joy in seeing her motor around town in it. Appearances be danged, as children of the depression its a source of great pride when she tells anyone who will listen, "and he paid six whole thousand dollars for it!"maryjane75https://www.blogger.com/profile/04736628367035710710noreply@blogger.comtag:blogger.com,1999:blog-21698484.post-75022241568792047572010-10-11T20:22:16.947-04:002010-10-11T20:22:16.947-04:00My mom's used Caddy cost her 40% less than my ...My mom's used Caddy cost her 40% less than my used Chevy.Sarahhttps://www.blogger.com/profile/02190756095866274079noreply@blogger.comtag:blogger.com,1999:blog-21698484.post-8522809295093228962010-10-11T20:11:28.747-04:002010-10-11T20:11:28.747-04:001. It is easier to look rich than be rich.
2. It ...1. It is easier to look rich than be rich.<br /><br />2. It is better to be rich than look rich.Charliehttps://www.blogger.com/profile/03472911378151049336noreply@blogger.comtag:blogger.com,1999:blog-21698484.post-21118901166420079882010-10-11T19:53:46.299-04:002010-10-11T19:53:46.299-04:00I bought a new Mercedes E430 in 2001 for $55K, inc...I bought a new Mercedes E430 in 2001 for $55K, including taxes, etc. I still drive it, and expect to for the next 10 years. It's a good car and it's met my needs.<br /><br />Before that I bought a new Ford Taurus in 1989. I drove that for 12 years before trading it in for the Benz. Don't recall what I paid for it.<br /><br />My habit is to buy a new car and drive it to dust. I don't see any point in buying a used car since I already have one.<br /><br />But, as this blog post would predict, sadly I'm not a millionaireDan Kinghttps://www.blogger.com/profile/15050387936888632189noreply@blogger.comtag:blogger.com,1999:blog-21698484.post-81755230179866308332010-10-11T19:45:47.930-04:002010-10-11T19:45:47.930-04:00interesting Sigivald. It didnt occur to me, but I...interesting Sigivald. It didnt occur to me, but I drive a BMW that went for 30+ back in 2000. I paid considerably less for it. I wonder if that puts me in those statistics.jeffhttps://www.blogger.com/profile/01892213227811281098noreply@blogger.comtag:blogger.com,1999:blog-21698484.post-23673880019484682152010-10-11T19:28:09.598-04:002010-10-11T19:28:09.598-04:00We drive Lexus, always at least 5 years old. Our n...We drive Lexus, always at least 5 years old. Our net worth used to be above 1 million, but not any more. Our life-style has not changed. We still do everything we always used to do. We don't do a lot of rich people stuff--never did.ken in txhttps://www.blogger.com/profile/14345764031059905578noreply@blogger.comtag:blogger.com,1999:blog-21698484.post-11947491137687701482010-10-11T18:54:34.022-04:002010-10-11T18:54:34.022-04:00On that first stat, remember that used luxury make...On that first stat, remember that <i>used</i> luxury make cars can be quite inexpensive - and that stat talks about who drives what make, <i>not</i> new sales.<br /><br />It's no surprise that someone driving a 10 or 20 year old Merc or BMW or Lexus isn't necessarily rich.<br /><br />(Just as it's still good advice to not buy a new one unless you're staggeringly wealthy. But that goes for all makes, not just luxury ones. <br /><br />New cars are a great way to throw away a pile of money.)Sigivaldhttps://www.blogger.com/profile/16152366541957466049noreply@blogger.com