Thread: Money spent
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Old 03-05-2012, 09:33 AM   #6 (permalink)
Thymeclock
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Quote:
Originally Posted by deathtrain View Post
So your saying that someone that buys/trades a car from what they where driving is not an investment?
Motor vehicles are not an investment. They depreciate rapidly and there is no capital appreciation. In other words, there is no way of making a profit as you will never recoup what you paid for the vehicle, nor receive any return on what you 'invested'.

For a better understanding of what an investment is click here.
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