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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,886
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Quote:
Originally Posted by Dantilla
^This.
Big difference between high income and high net worth.
Most high net worth individuals got there by not spending $200,000 on a car.
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Bingo! To some, image is everything, so they spend to impress others. To more sensible folks, money represents security, so they spend on quality items they enjoy, but not bling.
Shortly before leaving the Porsche scene, I met more than a few folks who were obviously overextended financially.
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)
Last edited by pwd72s; 10-19-2019 at 11:03 AM..
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