Interesting post from Get Rich Slowly.
Thought I'd share this with the ER community:
My mom is a millionaire! ~ Get Rich Slowly
Thought I'd share this with the ER community:
My mom is a millionaire! ~ Get Rich Slowly
Interesting, But what is up with this guy? He has been writing a personal finance blog for 12 years and struggling to help his mom pay for assisted living all that time. Yet he only now discovers that she has social security and IRA's? And, oh, "I forgot about the house and rental income?" You would get rich very SLOWLY following this guy.
Interesting, But what is up with this guy? He has been writing a personal finance blog for 12 years and struggling to help his mom pay for assisted living all that time. Yet he only now discovers that she has social security and IRA's? And, oh, "I forgot about the house and rental income?" You would get rich very SLOWLY following this guy.
Yes, naturally I was aware that Mom’s Social Security payments would start soon. And of course I knew that the land had value. But I had never bothered to think about the implications of all this.
Interesting, But what is up with this guy? He has been writing a personal finance blog for 12 years and struggling to help his mom pay for assisted living all that time. Yet he only now discovers that she has social security and IRA's? And, oh, "I forgot about the house and rental income?" You would get rich very SLOWLY following this guy.
I was born and raised in Canby, Oregon. As was my father before me. As was his father before him. I attended Canby Union High School before spending four years at college in Salem, where I attended Willamette University. I earned a bachelor of arts in psychology with a minor in English (writing emphasis). I also took a lot of public speaking classes. Naturally, after I graduated I couldn’t find a job. I went to work for my Dad, selling custom boxes for the family business. I hated it.
You’ll notice that none of this has anything to do with money. I have no formal training in the world of finance. I’m not an accountant. I’m not a licensed stockbroker. I’m not a certified financial planner. I’m just a regular guy who has learned about money through the school of hard knocks. ....
But I had never bothered to think about the implications of all this.
Interestingly, this guy started his blog in 2006 or thereabouts and sold it for several million dollars several years later. He recently bought it back. What do you think accounts for the super-success of the blog?
I am serious: I don't understand what you are talking about. I think you are hint at something but I don't get it.
Thanks,
Mike D.
Interestingly, this guy started his blog in 2006 or thereabouts and sold it for several million dollars several years later. He recently bought it back. What do you think accounts for the super-success of the blog?
I am serious: I don't understand what you are talking about. I think you are hint at something but I don't get it.
I don't think he's hinting at anything. I think he's seriously asking why a blog by a unqualified guy who doesn't seem to do a very good job at what he's blogging about has become so financially valuable. Why do enough people pay any attention to him to make the blog a money maker?
Because someone posts it on a site like this and many, many people go to the site increasing hit rates and that site's value...