Comments by "mplslawnguy" (@mplslawnguy3389) on "Vincent Chan" channel.

  1. Even if you do that, depreciation and maintenance costs make it a wash. Vehicles are financial losers. An accepted loss out of necessity, but a loss nonetheless.
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  2. Unless you have a gingerbread house.
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  3. Live below your means, have enough liquid cash to cover anything bad that comes your way, and build your wealth through property and low-cost index funds. It takes a while, but when you start building up momentum once you hit your later working years, you truly grasp how your money can work for you. There is no such thing as get rich quick. It takes discipline and time.
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