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Joseph Kennedy was a big supporter of Hitler, and a big womanizer, so I have a hard time thinking of him as 'wise'.
It's fine to drive an old car and live frugally - which is what I generally do - but like all things you need to exert some judgment into the process. It doesn't do a lot of good if you live an austere lifestyle and die with millions of dollars that get blown by your bratty nephew in Rhode Island.
The Following User Says Thank You to greg conomos For Your Post: