Quote:
Originally Posted by Velvet
Having a summer home and a winter home is not an investment in finances to some people. It provides an increased quality of life. Just as you would spend money on a trip or a vacation and not expect a financial rate of return from it, you can invest in a second home and not look for a rate of return on it. In my case the annual cost of my TV home is less than what I have spent regularly on winter vacations. Except I can actually live here.
And the question comes up, why the constant interest in making more money? Is it not that you get to spend it on a better life? Well, the better life for me is being in TV - this is what I have been saving my money for. I have been in many places in the world (perhaps too many) and this place happens to be my choice.
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I am convinced that the aim of quite a few posters, who seem to have a never ending passion for investment, returns, house values, is to be the richest person in the cemetery.
Personally, I hope I die owing a fortune to the banks and taxman, with absolutely no assets.