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Fri, Oct. 1st, 2010, 08:46 am
ernunnos: Early Retirement Extreme.

Day 20: Own classics

I’d say using at least part of your money and paying 3-5 times above the average or typical price for something is worth it if it has those “classical” qualities. There’s no point in hoarding money for the sake of just having large numbers in your bank account. Consider your savings and investments to be assets that pay for your food, rent, and other fixed costs, and then spend your “working-money” on really good things that last a lifetime.