As assets go, cars are pretty poor ones. They depreciate rather quickly, and a lot of their value is tied up in bells and whistles unrelated to their primary purpose (getting from point A to point B). But as a source of liabilities, cars are pretty impressive. You can only finance them with after-tax debt. […]
If you’ve followed this blog for a while, you’ve probably noted it’s on an inexorable path to eternal greatness. Continuous improvement is on display almost every single day, and it’s only a matter of time before this site is heralded as one of the greatest finance blogs in history. Granted, at my current pace, “a
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