By Daisy Carrington @CNNMoney April 28, 2016: 9:39 AM ET
Buying depreciating assets
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Many celebrities believe that buying a plane or a boat will, over time, save them money. Not so, said Morgan.
"Planes and boats, those are the two biggest items people seem to buy and sell. When they do end up selling them, they sell them at a discount," he said.
