06-17-2014, 08:27 AM
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CC Member
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Join Date: Jun 2000
Location: Cape Town, South Africa/Mainz, Germany,
Cobra Make & Engine: none
Posts: 1,601
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Quote:
Originally Posted by RodKnock
Alternatively, you could invest the $250,000 +/- into a 5-star level mutual fund or ETF that earns roughly 15% per year over a 10-year period and also get $1,000,000. There are roughly 100+ high quality mutual funds or ETF's that earn that minimum level (15%) of annual return.
Certainly not risk-free, but neither is owning a $250K +/- car that may (or may not) have the "potential" of being a $1,000,000 car. 
Usually, Patrick is the person making these WAG's. |
My words! :-)
One could argue that you can't drive the mutual funds, but the answer is to do both:
buy that GT and the funds!
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