People may not consider cost of capital when buying expensive goods but they're wrong to do so. But this discussion started as a result of saying that cost of ownership of a 10k Rolex would be...
Type: Posts; User: ColDaspin
People may not consider cost of capital when buying expensive goods but they're wrong to do so. But this discussion started as a result of saying that cost of ownership of a 10k Rolex would be...
After you factor in servicing costs, insurance costs and, most importantly, cost of capital, that simply won't be the case unless you very strike lucky on the timing.