[La Jolla Renter]

Bugs,

What effect would a house sold at a court house auction have on a neighborhood. I have seen a few go for a solid 20% below comps in nice neighborhoods. Houses that were previously listed in the mls and then canceled when finally sold at auction, so the sold price never shows back up in the mls. My question assumes that an end user buys it and moves in.

[La Jolla Renter]

Bugs,

What effect would a house sold at a court house auction have on a neighborhood. I have seen a few go for a solid 20% below comps in nice neighborhoods. Houses that were previously listed in the mls and then canceled when finally sold at auction, so the sold price never shows back up in the mls. My question assumes that an end user buys it and moves in.

[La Jolla Renter]

Trojan4life,

Very impressive! I hope you splurge somewhere or you may be a bit too miserish for me, but very impressive kids you have there.

I’m sure you have seen the math on this one but for everyone else’s benefit…

If a kid puts 2k a year into a roth ira at age 16, 17, 18, 19 for a total contribution of $8k, at 10.25% interest the 8k compounds into $1M at age 67. (This is not 2k every year, this is for 4 years, and never save another penny for retirement)

This is about the only lesson I plan to beat into my kids when /if I have them. Although I will probably make sure the put the max in every year, I would want them to have about $8M in their roth at retirement.

[La Jolla Renter]

Trojan4life,

Very impressive! I hope you splurge somewhere or you may be a bit too miserish for me, but very impressive kids you have there.

I’m sure you have seen the math on this one but for everyone else’s benefit…

If a kid puts 2k a year into a roth ira at age 16, 17, 18, 19 for a total contribution of $8k, at 10.25% interest the 8k compounds into $1M at age 67. (This is not 2k every year, this is for 4 years, and never save another penny for retirement)

This is about the only lesson I plan to beat into my kids when /if I have them. Although I will probably make sure the put the max in every year, I would want them to have about $8M in their roth at retirement.

[La Jolla Renter]

Trojan4life,

Very impressive! I hope you splurge somewhere or you may be a bit too miserish for me, but very impressive kids you have there.

I’m sure you have seen the math on this one but for everyone else’s benefit…

If a kid puts 2k a year into a roth ira at age 16, 17, 18, 19 for a total contribution of $8k, at 10.25% interest the 8k compounds into $1M at age 67. (This is not 2k every year, this is for 4 years, and never save another penny for retirement)

This is about the only lesson I plan to beat into my kids when /if I have them. Although I will probably make sure the put the max in every year, I would want them to have about $8M in their roth at retirement.

[La Jolla Renter]

Trojan4life,

Very impressive! I hope you splurge somewhere or you may be a bit too miserish for me, but very impressive kids you have there.

I’m sure you have seen the math on this one but for everyone else’s benefit…

If a kid puts 2k a year into a roth ira at age 16, 17, 18, 19 for a total contribution of $8k, at 10.25% interest the 8k compounds into $1M at age 67. (This is not 2k every year, this is for 4 years, and never save another penny for retirement)

This is about the only lesson I plan to beat into my kids when /if I have them. Although I will probably make sure the put the max in every year, I would want them to have about $8M in their roth at retirement.

[La Jolla Renter]

Trojan4life,

Very impressive! I hope you splurge somewhere or you may be a bit too miserish for me, but very impressive kids you have there.

I’m sure you have seen the math on this one but for everyone else’s benefit…

If a kid puts 2k a year into a roth ira at age 16, 17, 18, 19 for a total contribution of $8k, at 10.25% interest the 8k compounds into $1M at age 67. (This is not 2k every year, this is for 4 years, and never save another penny for retirement)

This is about the only lesson I plan to beat into my kids when /if I have them. Although I will probably make sure the put the max in every year, I would want them to have about $8M in their roth at retirement.

[La Jolla Renter]

Oh god. Please don't say you're going to spend $200 on a "board game" just because it has Robert K's name on it to teach your kids about money.

Oh God, Sour Grapes, don't get your panties in wad… I don't even have kids yet.

I know how everyone feels about Kiyosaki.  I am asking if anyone has really sat down with kids and played his board game.  Even a blind squearl finds a nut now and then.

Temecguy,  I've always loved that line from caddyshack!!!  I've used it a 100 times in the last 20 years.

 

 

[La Jolla Renter]

Oh god. Please don't say you're going to spend $200 on a "board game" just because it has Robert K's name on it to teach your kids about money.

Oh God, Sour Grapes, don't get your panties in wad… I don't even have kids yet.

I know how everyone feels about Kiyosaki.  I am asking if anyone has really sat down with kids and played his board game.  Even a blind squearl finds a nut now and then.

Temecguy,  I've always loved that line from caddyshack!!!  I've used it a 100 times in the last 20 years.

 

 

[La Jolla Renter]

Oh god. Please don't say you're going to spend $200 on a "board game" just because it has Robert K's name on it to teach your kids about money.

Oh God, Sour Grapes, don't get your panties in wad… I don't even have kids yet.

I know how everyone feels about Kiyosaki.  I am asking if anyone has really sat down with kids and played his board game.  Even a blind squearl finds a nut now and then.

Temecguy,  I've always loved that line from caddyshack!!!  I've used it a 100 times in the last 20 years.

 

 

[La Jolla Renter]

Oh god. Please don't say you're going to spend $200 on a "board game" just because it has Robert K's name on it to teach your kids about money.

Oh God, Sour Grapes, don't get your panties in wad… I don't even have kids yet.

I know how everyone feels about Kiyosaki.  I am asking if anyone has really sat down with kids and played his board game.  Even a blind squearl finds a nut now and then.

Temecguy,  I've always loved that line from caddyshack!!!  I've used it a 100 times in the last 20 years.

 

 

[La Jolla Renter]

Oh god. Please don't say you're going to spend $200 on a "board game" just because it has Robert K's name on it to teach your kids about money.

Oh God, Sour Grapes, don't get your panties in wad… I don't even have kids yet.

I know how everyone feels about Kiyosaki.  I am asking if anyone has really sat down with kids and played his board game.  Even a blind squearl finds a nut now and then.

Temecguy,  I've always loved that line from caddyshack!!!  I've used it a 100 times in the last 20 years.

 

 

[La Jolla Renter]

If we can’t teach real estate agents, mortgage guys, and politicians basic financial principles, how the heck can you teach kids.

There might be some hope with the elementary school kids who’s parents are way over extended now. They will get a front row seat as the financial house of cards comes falling down.

Anyone know if the board game that the ‘rich dad poor dad” guy pimps is any good for kids.

[La Jolla Renter]

If we can’t teach real estate agents, mortgage guys, and politicians basic financial principles, how the heck can you teach kids.

There might be some hope with the elementary school kids who’s parents are way over extended now. They will get a front row seat as the financial house of cards comes falling down.

Anyone know if the board game that the ‘rich dad poor dad” guy pimps is any good for kids.

[La Jolla Renter]

If we can’t teach real estate agents, mortgage guys, and politicians basic financial principles, how the heck can you teach kids.

There might be some hope with the elementary school kids who’s parents are way over extended now. They will get a front row seat as the financial house of cards comes falling down.

Anyone know if the board game that the ‘rich dad poor dad” guy pimps is any good for kids.

[Author]

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