When I was at Wharton, U of Pennsylvania over 60 years ago, the rich kids who thought and spoke about nothing but sports,cars, fashion, and frat parties usually flunked out… If they did graduate, they didn’t amount to anything (with a few exceptions). I made friends mostly with “A” students and scholarship kids who seemed…
DetailsThe main disadvantage is you lose flexibility. Real estate is easy to buy & sometimes almost impossible to sell — This is happening right now in Campione, my favorite town, safest in Europe where the huge Casino that supported the town just folded! The 500 fired ex-employees mostly now want to sell out and move…
DetailsPeterTaradash says: $50,000 a year if he is very lucky. Probably a lot less! Comment by R.F., Texas: $100 million generating $50,000 a year? That’s a yield of 0.05%… that’s 1/2 a percent… that is no where near realistic. With that kind of money he should be seeing is at least 6 to 10% returns.…
DetailsPart1 – How to get out of debt? I only know 3 ways Pay the debt File bankruptcy which will wipe out the debt. Be a successful deadbeat by paying a nominal amount once in a while, making a lot of excuses, have no visible property in your own name, and no job where they…
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