Scrooge_McDuck88

Comments:

• I gave each of my four children a modeling contract (yes in writing) with one of our family LLC’s… I then opened up a ROTH IRA for each and have been maxing it out starting from around the age of 5. Our goal is to continue to do this until they’re 30. I’m in year five now. It’s split 50/50 in VTI and VT. The kids don’t have any idea yet about the money and once they’re of a certain age I’ll explain that this is part of their inheritance… a comfortable retirement if they don’t meddle with it!

  Post: Go Big Early

  Link to comment from June 22, 2024

• Jonathan- Your legacy of positively impacting so many people’s financial lives will outlive your own whether you live 12 more months or 50 more years. Even now with these unfortunate and unforeseen circumstances you’re charting a path for us of acceptance, grace and focus. Well done Sir. Elias

  Post: The C Word

  Link to comment from June 15, 2024

• Merry Christmas to you all!

  Post: Words to Live By

  Link to comment from December 25, 2022

• Just ordered the Adulting book for my 17 year old! Thanks for the recommendations

  Post: Worth a Read

  Link to comment from December 5, 2022

• Exactly! The high multiplies have been justified with low/zero rates which are now gone and rising. Wait for the downward earnings revisions starting Q1 and higher debt servicing, higher labor costs that are now baked in, which will erode margins. I am an optimist but on treasuries!

  Post: Happy Talk

  Link to comment from November 19, 2022

• “It would also ensure that all my grandchildren would be old enough to remember me..” Richard- that alone would be enough to make me want to carry on. Thanks for sharing and reminding us of our own mortality.

  Post: Counting Down

  Link to comment from October 8, 2022

• This list would be fine in stone...

  Post: Book Smart?

  Link to comment from September 11, 2022

• Immigration is absolutely a major driver of the multigenerational living growth...

  Post: All Together Now

  Link to comment from September 10, 2022

• There's always a side-hustle or freelance (depending on your skills) that you can do for a few months and earn the cash for vacation. I met a waitress who worked 6 months a year and traveled the other six months and would repeat that cycle. She had been doing it for almost a decade prior to me meeting her.

  Post: Traveling Money

  Link to comment from September 1, 2022

• Ah!

  Post: Why We Collect

  Link to comment from August 27, 2022