What % of one's LIQUID assets should be used to purchase a Ferrari?

Aaaaahhhhh
ha ha,,, J.R. you are too funny.

 

edit: forget it

 

2%-3% is plenty

 

Sfumato had it right. The answer depends on when you start sweating, which is why it's a meaningless question.

If you're single, don't give a **** about your retirement and have no significant obligations, then live it up, 50% or more can go to a car.

If you're married, have kids with college expectations and hope to travel and be comfortable in your later years, then the standards will be stricter. 2%? 5%? No more than that probably.

You will reasonably get every answer in between or beyond and there's a reason why for every answer.

 

Diffeerent strokes for different folks. It's you're life, do what you can do and still enjoy life. I play it pretty conservative.

 

Sagacity and philanthropy are not the primary motivators when purchasing a Ferrari. Much more base emotions are involved. More gutteral. To quote the great philosopher Tim "the Tool Man" Taylor...

" 12 cylinders ...arrr arrr arrr arrr "

 

That is the pure, unvarnished truth.

 

I think I used 90%, don't take investment advice from me! I did get laid 4 hours after owning the though.

 

That's exactly what I would have said.

 

Five minutes in the bathroom is not getting laid...

BT