Originally Posted by Radiation Joe
How many people who bought a house in 2008 consider it a better investment than the M3? Unless you bought one owned by a bank, you've probably lost more money than the depreciation of the M3. Since 2007 my house has depreciated $200k. I was looking at condos in a couple of areas hit hard by the economy last year. Glad I didn't buy any of them.
We don't have California's weather or eye candy, but our house in Texas has actually appreciated since 2008.
I hear what you're saying though. I felt guilty pulling a substantial chunk of cash out of my investment "fun" money account literally the week before sh!t hit the fan in October 2008 to put down on the M3. Losing half of the rest of the money in that account over the next 6 months cured that feeling.