WASHINGTON – Here’s a secret that might seem odd: It’s better to rent than own.
Boats, timeshares, recreational vehicles and vacation homes are all marketed as good investments. But when maintenance fees, repairs and gas prices are factored in, owning is more expensive and time-consuming in the long run than renting.
The Street has narrowed down a list of the five worst things to buy if you aren’t rich enough to stop working:
To read more about the five expensive things you shouldn’t buy, read more at The Street.
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