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RE: Keeping up with the Joneses - the race to the bottom
Nice article. Actually, I believe Warren Buffett drives a modest car and lives in the same modest house he has lived in for 40 or 50 years.
Do what makes you happy and don't worry about image. One interesting thing is that often people with all the latest gadgets actually have lower net worth than those without because of all the debt they used to buy them. The truly rich have learned the power of delayed gratification.
Yep.
At the end of the day, run your own race. The only person you should compare yourself to is your past self.
Reminds me of a property developer that I know. He drives a 25 year old jaguar worth mayybe 20 grand. Everyone in his friendship circle, my uncles included drive brand new porsches, beamers mercs etc. I asked him once why he didn't by a better car. His response, "why? I like this car. I don't need to prove to anyone how much money i have. "
Jaguars are cool. I mean, a lot of old cars are much more esthetically pleasing than what they are doing today. Most cars look like they were designed by the same guy, with those predatory curves and slit eyes. Not really friendly, especially not if you are going through the car park in the late evening while really deep on acid. :-D
I am glad that a lot of car companies are into giving old designs a new life. Hopefully it will become a trend.
I'm a fan of the aggressive look, but you're right, it would be nice if every manufacturer didn't make identical cars.
There is agressive and there is agressive. I mean, there is friendly agressive, and there is downright menacing. Thing is that not many manufacturers go down that route. I mean I like cars that look like the 2015 ZiL Punisher. But this is a military car, and the common look for the cars is mildly predatory, just enough to go into the uncanny valley.