Wednesday, January 5, 2011

Short Term Vs Long Term

A long term thinker will never be at the mercy of a short term thinker. This can be applied anywhere in life and about anything. For this blog, it will be only applied to items you can buy.

Chris Brady said “You should never buy anything new” and it does make sense due to depreciation (

If the item you buy gain in value in the long run; you should invest in it. If it doesn’t, and you still want it, you should wait until it depreciate and buy it used.

If funny how society looks at you when you buy something that’s a bit old. It’s like they define you based on what you buy. If one buy a bran new car and another person buy a old one who as the coolest car? Usually the guy with the new one … Who’s the smartest with money?

No comments:

Post a Comment

Back to Top