Monday, May 17, 2021 3:56:02 PM
That son is a computer science and engineering major (masters UCLA). Also, a HODLer.
I recommended some stock to him in the late 90's and something like 20 years later he was still holding it (missed some great trading ops)
He went on a piece of spec land with me and last year a guy wanted to buy us out -- he didn't care to sell. Low carrying cost (taxes). He would at 2 /12 to 3x the offer price we had though.
It's a sweet 6 acres with a creek running through it. This was taken several years back ~ mid September. That's my daughter holding one of her sons and my youngest son (now 26)
No hurry to sell. Oh, and should mention for Bar1080's sake that it was purchased with profits from penny stocks. (my part, that is)
I recommended some stock to him in the late 90's and something like 20 years later he was still holding it (missed some great trading ops)
He went on a piece of spec land with me and last year a guy wanted to buy us out -- he didn't care to sell. Low carrying cost (taxes). He would at 2 /12 to 3x the offer price we had though.
It's a sweet 6 acres with a creek running through it. This was taken several years back ~ mid September. That's my daughter holding one of her sons and my youngest son (now 26)
No hurry to sell. Oh, and should mention for Bar1080's sake that it was purchased with profits from penny stocks. (my part, that is)
It's easier for rich man to go through the eye of needle than it is for a camel to get into heaven.
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