Quote:
Originally posted by Wayne at Pelican Parts
Wayne's strategy: bank the coin when times are good. Spend 10-15% if you have more money one year than you're used to - save the rest in either stocks & bonds, or put it away in a 529 for the kids. Avoid buying things / assets that depreciate in value (new cars, timeshares, vacations). Instead buy things that tend to appreciate, or at least hold most of their value (classic cars, collectables, art, vintage Porsche parts).
-Wayne
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Hey Wayne Ya can over and be my wifey anytime ya like...