carmelbrownqueen wrote:Buying classic cars because you have the money to do it and enjoy it as a hobby is great... it's still wasteful though because cars (whether classic or not) aren't a necessary expenditure and don't appreciate on a level that necessitates their purchase. It's something he does because it's what he likes to do.. its just as wasteful as "bling bling" and all the rest of the garbage people spend money on that doesn't really add much diversification to their financial profile.
Maybe he doesn't buy Gucci shoes or whatever, but his unnecessary purchases aren't any better than other anyone elses. Its what he likes and he has the money to do it.. Enjoy.
when you are rich.....having an expensive hobby collecting something that holds or ACCRUES value cannot be compared to living like mc hammer. buying gold and silver bullion isnt a necessary expenditure either, neither is art, neither are rare stamps.....
but to compare that to running around casinos gambling with 20 person entourages spending hundreds of thousands of dollars on custom jewelry, women , and champagne is ridiculous.











