Business & Creativity, Flashbacks, Numbers, Simplify

My Invisible Car

Five and a half years ago, I decided that I have no urgent need to own a car. Instead, I used what I have allocated as car budget to buy mutual funds, knowing that I can easily sell these off when I need the money. Half a decade later, the value of these mutual funds have increased by 25%. A car would not only have decreased in value, but would have also cost me money in the form of road tax, insurance, fuel, and maintenance.

I have benefited from my good decisions in life. This is one of it.

Standard