Quote:
Originally Posted by RodKnock
Alternatively, you could invest the $250,000 +/- into a 5-star level mutual fund or ETF that earns roughly 15% per year over a 10-year period and also get $1,000,000. There are roughly 100+ high quality mutual funds or ETF's that earn that minimum level (15%) of annual return.
Certainly not risk-free, but neither is owning a $250K +/- car that may (or may not) have the "potential" of being a $1,000,000 car. 
Usually, Patrick is the person making these WAG's. |
You can't drive a ETF
I didn't buy my GT thinking it would every be anything but a depreciating asset. The fact that it isn't doesn't change the part of taking it out and driving it. Now that we are in Vegas it's a little easier to do.
I'd like to know what ETFs are turning 15% by the way...