Quote:
Originally Posted by Linderpat
hmm, I thought there was going to be something with a little more depth and insight. Great article for a 17 year old. If anything in it was a revelation to anyone reading it, then that person is in deep ***** trouble.
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Yep.
I know a friend that lived like that. He was leveraged to the max. He had a few fancy Rolexs, drove a Turbo 911, lived in a huge house in a exclusive area, he owned a twin engine aircraft and took frequent vacations to Europe. Then his business slowed down a little and everything collapsed. He was bankrupt and had to move in with his mom and sell everything he had.