I was scanning the Internet for some used skis/boots/poles for the kids and came across a estate auction site. I was shocked to see the low current bid prices on items such as hand made Persian rugs. The bids were as low as $1, although there was still 2 days left to bid.
So I have concluded that almost everything I own is depreciating and will be worth almost nothing if I sell them. Very disappointing, but probably will lead me to think differently about how I spend my money on material things: Maybe owning stuff is not such a good idea....
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This is not financial or investment advice. Please consult a professional advisor.
Copyright © 2018 Achievement Catalyst, LLC
Sunday, June 17, 2018
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