Ep.372 Buying “Used” Depreciation: Let Someone Else Pay the Ego Tax

There’s a quiet difference between how wealth is spent and how it’s shown. Most people pay for newness. Wealthy people pay for value. The moment you buy something brand new, especially luxury, you absorb the steepest drop in its entire life cycle. Cars, furniture, equipment, even watches. That first 20 to 30 percent loss isn’t about quality. It’s about ego. The asset didn’t change. Ownership did. Buying something three years old usually gets you nearly the same performance, the same uti...