"Last year, Ted Perry dipped into his 401(k) to buy a $20,000 bicycle."

Ted Perry seems to have over-spent.  Dipping into an appreciating asset to 
finance a depreciating asset is unwise.  Makes you wonder how many of those 
exotics are financed by credit card & actually end up costing thousands 
more.  Next step:  bike leases.  

dougP



On Wednesday, August 20, 2014 2:12:31 PM UTC-7, Kevin M wrote:
>
> It's all relative. Rivendells are halo bikes for many people,  I don't 
> think think anyone who is buying a $20k bike can't afford it. 
>

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