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This is a man who has written multiple books about personal finance.
Aside from the issue of employed people’s transportation needs, the idea that investing the equivalent of a car payment *will* make you a multimillionaire is fatuous. Call it a $600 payment over 60 mos, or $36,000 total. Turning that into $2,000,000 is a 55x return on investment.
Is that sort of eye-popping ROI possible? Sometimes. But generally speaking it’s possible only in investments with tremendous risk of losing everything. There’s no certainty, no “you will be,” in that kind of investing.
