Search results

If you really think that's literally what Sue meant. :rolleyes: I'm quite sure that Sue was simply saying, in a mischievous way, that her children were well-established and on good incomes, and therefore that she doesn't feel any obligation to leave a nest-egg for the kids. (Please forgive me...

I guess it depends which "side" you more strongly align yourself with, but I don't think anybody's motivated by greed that's posted here. I know that my parents have substantial wealth that I could potentially inherit in 20-30 years or so (they're in their 60s but I have three grandparents in...

You're assuming that giving them a cashflow positive property is a gift. If you believe you should stand on your own two feet, why would you want to deprive your kids of the same opportunity?

I see our point of difference. We must mix in different circles. ;) I don't know anybody who inherited anything substantial; maybe a few 10s of $K that was "left over", but nothing that changed their life. Everybody I know has made their own wealth (or not ;)), and as such, I think they're...

A lot of assumptions in there. Bitter, much?

I like your style, Y-man... Now you've got me thinking...

LOL at the irony... LOL, good one.

It never occurred to me that "drive a flash car and own a pool" was the kind of goal that would change one's view of a life as well-spent or otherwise. I would have thought fun with family was independent of material possessions (apart from those people so steeped in poverty that their lives are...

Nooo... but I can imagine that people might say: "if only I'd gone to visit my brother/sister overseas that I haven't seen for 20 years" or "if only I'd gone to visit the pyramids in Egypt (or whatever), which I've dreamed of doing since I was a child"

If they were spending the money on visiting family and friends interstate/overseas, or travelling somewhere they'd always dreamed of visiting, I'd be more inclined to see this point of view. But I don't think too many people on their death bed would be thinking "oh, if only I'd driven that...

If they'd invested the $200K+ in shares or something because they thought they could get a better return, I'd be much more forgiving, but this is just nuts! And we'll all be paying for their pension, no doubt. :( (Their retirement and our own - great! :mad:)