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Old 11-20-2011, 03:38 PM   #41
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Had a falling out with the old man when I was 18 and haven't seen him since, that was 42 years ago. Long story not worth going into but I do wish him well.

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Old 11-20-2011, 06:58 PM   #42
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Dad passed away at 48, but he was on home bed rest for 2 1/2 years. I was in high school and worked full time overnights to help with expenses, attended full time high school during the day, and provided care in the afternoon. Dad passed just before high school graduation.

Mom viewed me as the younger son, thus I didn't know anything. After running away from reality (went away for college). After graduation and first year of work, I had money for a down payment and built her first house that also provided some rental income. At this time, she viewed me as an adult at age 22.

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Old 11-20-2011, 08:34 PM   #43
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Originally Posted by tightasadrum View Post
Dad always stayed on my case about stuff well into my fifties. He was always telling me what I needed to do just like he did before I left for college. I always tried to explain why I made certain financial decisions, but nothing settled his mind. I explained that I had been socking away money in a 401K for over twenty years at a rate exceeding 15% , and I had been acquiring rental property for almost as long. But the unsolicited fatherly advice never stopped, until...
One day he and I were alone at Pizza Hut. Up until then I had never given him many details about how much these assets were worth. He came straight out and asked me how much real estate equity I owned. I hesitated for a moment while I mentally added it up and decided whether to give him the number. I told him it was in the seven figures. Then I asked him about HIS net worth. He wouldn't say, but that wasn't surprising. That was the poker game he always played with everyone.
But here is what's interesting. I never got any of those questions again. I guess he was finally satisfied that his fathering was over.
Did he ask you to share any advice with him?
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Old 11-20-2011, 09:09 PM   #44
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Well HaHa, he often asked for advice on engineering matters involving projects or problems. But I never once recall that he asked for any advice or recommendations on financial matters. I guess that says something about what he thought of my financial expertise. Maybe he was smarter than I thought.
Can't you see yourself in the nursing home saying, " Darn! Wish I'd spent more time at the office instead of wasting time with family and friends."
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Old 11-20-2011, 11:22 PM   #45
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The comments here make me think about how I regard my own children who are adults. I respect them as adults, don't second guess their decisions although I may offer information that they might not have considered. As their mother I would lay my life on the line for them in a nanosecond.

However, it is difficlut to remember not to use the nicknames they and their friends had in childhood.
Duck bjorn.
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Old 11-21-2011, 12:44 AM   #46
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So did I.
Originally Posted by Moemg View Post
I had the World's greatest Dad .

Very conservative with investments. Not ER'd yet, 48 years old. Please do not take anything I write or imply as legal, financial or medical advice directed to you. Contact your own financial advisor, healthcare provider, or attorney for financial, medical and legal advice.
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