Quote:
Originally Posted by East Bay Rider
You omitted one valid point. The $$$ tied up in the mutual fund cannot be used for the entire term. The Rolex can be used every day and still appreciate in value.
No I'm not poking holes in your sound financial advice, just justifying spending more $$ on Rolex -
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Actually sure it can. I can not only see the actual market value of the mutual fund $$$ on any business day, but I can convert it to cash anytime I like. There is no term nor is it tied up. All the better so one can liquidate and buy the next Rollie at any time.
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