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  1. BayView

    What did your Parents Teach you about Wealth?

    Nah; they're still kickin' around in ever-growing numbers in this centch. The grunges - yeah; you know... undies showing above the jeans which are hangin' down around the bottom of the ball sack and plumbers crack, standard issue scungie hoodie windcheater, long skanky hair looks...
  2. BayView

    What did your Parents Teach you about Wealth?

    Yeah, I agree, and I reckon not many would have had IP's back then due to the factors in my previous post. I think the % of the population would have been much smaller becuase of this. Mind you; even today, I still know very few people who actually invest. They all talk about it, and...
  3. BayView

    What did your Parents Teach you about Wealth?

    Investing in property has been around since the year dot. Maybe it was a bit harder to do back then though. It has become easier in the last 30 years due to the internet, improved other types of communication to pass on the knowledge, spruikers and more favourable lending practices. I remember...
  4. BayView

    What did your Parents Teach you about Wealth?

    Great Post Trace; kudos sent. This part reminds me of one of my past employees. Nice guy; very unorganised, bit idealist - "born again" and the big fella upstairs will provide, etc. :rolleyes: Always broke, always late; and this was a guy 40 years of age. So, he rear-ends a car one day...
  5. BayView

    What did your Parents Teach you about Wealth?

    Xen, it's amazing that your Dad with all his wealth is even thinking about a pension. It's non-sensical to me. The pension is there for poor people to keep them from starving to death only. Why would anyone even contemplate having it? Back on topic: my parents taught me nothing about money...
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