I'm not saying not to post.

[Gwaihir]

Originally Posted by imperiouskitten [You must be logged in to view images. Log in or Register.]

sorry, but I stopped doing that except in retaliation long ago. I understand these nuances are not picked up by you, but i report the truth. No 40% suicide rate on Iranians and position as a family patriarch leaves me feeling okay about teasing him for cucking out (by being vicious.) to fit in with White people.

Also, you clearly only just thought of this angle.

Despite his tendency for heavy-handedness in response to criticism, I still think Patrium has a wealth of information and/or guidance for our mostly "lost" generation. At the very least, you have to admit American boomers did a horribly shoddy job at both managing their own financial situation, and bestowing their children with that knowledge.

Like, none of my elders ever told me that you can give your child a great headstart in adulting by signing them on as "authorized users" on your well-managed credit card accounts from the day they are first issued a social security card.
None of my elders ever even told me about the existence of an IRA/Roth IRA, let alone how to utilize both simultaneously to control your tax liability both short-term and long-term. None of them ever told me about how one would go about securing a home mortgage. None of them ever told me about the importance of getting used to allocating a fixed percentage of my income toward retirement/investment accounts.

Hell, even TO THIS DAY, they won't offer investment advice or basic education on how to invest prudently. Take for example, my wife's very successful great-uncle. When his soon-to-be-father grand-nephew asked him if he could give him some pointers on how to start investing (my brother-in-law) his only response was "I don't feel comfortable giving investment advice".

Instead of bestowing, most would rather boast of their success as opposed to educating their "lessers" on their path.

Just that lack of knowledge being passed on, alone is fairly detrimental to all of us not in the know, because knowing these things allows one to actually utilize "the system" that's in place for building wealth (long term financial security; not exuberence).

The same "system" everyone that doesn't know how to utilize it decries "doesn't work". The system doesn't work, when you only utilize wage income. You have to make short term concessions and sacrifices for long-term goals.