Episode 13 – RAD pROBcast – Money Buys Happierness Part 2

It’s the second in our series “Money Buys Happierness,” and by popular demand we begin with the long form answer as to why I prefer leasing over buying vehicles, including the rare exceptions to the rule. From there, we discuss Investments that aren’t actually investments, but people often claim they are. Most notably, morons who say that putting in a pool will “greatly increase the value of the home when we go to sell it,” a total fallacy. We talk about the difference between spending our money on things we enjoy, versus actually investing, and why the two of them almost never match up (which is ok). Boats, pools, and collectibles, are all fun to someone, but almost none of us knows someone who is independently wealthy from selling off their Beanie Babies.