Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

kimbutgar

(26,239 posts)

12. My parents were careful with money and taught me to save certain amount each month and not carry

Reply to Johnny2X2X (Reply #8)

Sat Mar 2, 2024, 01:42 PM

Mar 2024

Credit card debt. I inherited $1000 from my grandfather and brought stock in Merrill lynch for $20 and I ended up selling it for $100 a share. My ex husband at the time wanted me to put his name on account so I had the statements sent to my parents house. I invested the money in mutual funds which I still own. Ex husband tried to get the stocks when we divorced but I had owned the stocks before we married so he had no right to it. I still have accounts in my name only after being married to my current husband 30+ years and he doesn’t care about it as we have built our own finances together.

Edit history

Please sign in to view edit histories.

Recommendations

1 members have recommended this reply (displayed in chronological order):

LiberalFighter

34 replies

= new reply since forum marked as read

Highlight:

California lawmakers want to crack down on corporate ownership of single-family homes [View all] Auggie Mar 2024 OP

About Damn Time. dalton99a Mar 2024 #1

Monopolization is the trend without force of law preventing it. David__77 Mar 2024 #2

I applaud this nationwide if possible Johnny2X2X Mar 2024 #3

Yes. I think some don't understand that buying a house is the best way to have long term financial health. jimfields33 Mar 2024 #4

Interest rates Johnny2X2X Mar 2024 #5

So true. It's never easy to save but a lot give up quickly. You do not need every new gadget they put out. jimfields33 Mar 2024 #6

Education on personal finance Johnny2X2X Mar 2024 #8

I definitely agree. I had an uncle who taught me. I'm thankful. jimfields33 Mar 2024 #9

You're probably a multi millionaire by now. Johnny2X2X Mar 2024 #10

My parents were careful with money and taught me to save certain amount each month and not carry kimbutgar Mar 2024 #12

+1,000,000 Auggie Mar 2024 #25

Isn't that the truth! Basic LA Mar 2024 #28

Paying cash for cars is smart, not extreme Johnny2X2X Mar 2024 #29

I did that with my house, too. Basic LA Mar 2024 #34

Agree Rebl2 Mar 2024 #7

Monthly payment is only a piece of the costs MichMan Mar 2024 #20

Still cheaper for a lot of people right now. Johnny2X2X Mar 2024 #23

My sister and I inherited 2 homes and I get letters all the time from corporations offering to buy them kimbutgar Mar 2024 #11

Agree Mollyann Mar 2024 #16

K & R jalan48 Mar 2024 #13

Someone called me a couple of days ago asking if we were interested in selling our home ms liberty Mar 2024 #14

Corp ownership also robs CA of property tax dollars thanks to Prop. 13. SunSeeker Mar 2024 #15

So what are CA lawmakers waiting for? Dems control both houses and the governor's office. HeartachesNhangovers Mar 2024 #17

There's no limit to the avarice. limbicnuminousity Mar 2024 #18

What they're doing with trailer parks is criminal Johnny2X2X Mar 2024 #19

A capital gains tax of 50% on home sales would take care of the issue. MichMan Mar 2024 #21

Maybe at the federal level, but CA is constrained by Prop 13 DBoon Mar 2024 #32

Good luck to them in getting meaningful laws passed, and to Schiff & Porter Hekate Mar 2024 #22

This is a huge problem in GA. Dulcinea Mar 2024 #24

Well, I read an article that Corporations owning single family homes were reassessing the value of investing in SWBTATTReg Mar 2024 #26

Single-family houses as rentals. Basic LA Mar 2024 #27

I hate them when they call. LiberalFighter Mar 2024 #30

and, once bought, the coporate owners take full advantage of Prop 13 tax limits DBoon Mar 2024 #31

Jeff Merkley (OR) is promoting similar proposals jmbar2 Mar 2024 #33