Gadgets like bread makers, ice cream machines, or specialty coffee makers often end up collecting dust after the initial excitement wears off.
Expensive exercise equipment can become an expensive clothes rack if not used regularly.
While they might seem like good investments, collectibles and antiques often don't appreciate in value as expected.
A luxury car can be a money pit due to high maintenance costs, insurance, and rapid depreciation.
While appealing for travel, large RVs are costly to maintain, store, and fuel. Many retirees find them cumbersome.
High-end jewelry can be a poor investment and may not be worn often enough to justify the cost.
As mentioned earlier, timeshares can be financially burdensome and difficult to exit, often providing less value than expected.
Investing heavily in hobbies that require expensive equipment, like photography or golf, can lead to unused gear if interest wanes.