Your stuff has no value

In the process of dismantling my parent’s home, I learned a life lesson. Most of the stuff you own and value has no value. The cost of moving, marketing, and selling it is more than the value of the stuff itself.

The skis, bikes, tools, electronics, and suits from when I weighed 20 pounds less are all basically worthless.

Some of my possessions have depreciated less than average household goods, but the vintage Porsche 911 or Marantz 8 amplifier have been less than stellar investments, and both are expensive to market.

Consider your possessions for what they really are, depreciating assets, and not the store of value you think they may be. In the end they will all be hauled away in the back of a pickup truck.

Show Comments