My Plan

Quote from nkhoi:

I will put my feet up on a table and read and re-read Rich Dad/Poor Dad until I understood his idea of preserving wealth.

Kiyosaki? are you kitting?

if you like his garbage, keep it to yourself.. don't push it to the kid.
 
Quote from Now is Now:

Your response does not surprise me....

As everybody will atest I am no troll, but it does seem that I have hit a nerve....

Now then, answer my simple question....

You guys are so used to trolls and spammers on this site that you suspect everybody is one. Reread my posts and you will find the answer.
 
Quote from Hester:

You guys are so used to trolls and spammers on this site that you suspect everybody is one. Reread my posts and you will find the answer.

That is precisely what I did....there are no named colleges etc....you merely said you were going to college this year...

Instead of trying to be a smart arse...name the colleges and tell us which page you can refer us to ...

If I am mistaken I will be the first apologise...
 
Quote from RiceRocket:

DO NOT SELL THE REAL ESTATE NOW! The real estate in the next 5 years will make you more money than the stock market. If you sell now, you are selling at the bottom. Take the 50k and mess around. If you are successful, then you will have more to play with. If you lose it, at least you still have the real estate.

I don't have the crystal ball on this one, but I would venture to say that the new rules and regs that will strongly regulate the mortgage industry will have a dappening effect on the real estate market long-term. Where the average annual appreciation rate of real estate since WW II has averaged about 5+ % per year, I don't think we will continue to see that. I think real estate may not have the lure that it once did. You may be better off selling it now, and investing elsewhere (yes, maybe even the stock market).
 
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