Originally Posted by
notEnuf
Financial literacy is lacking and the education you choose is what you are exposed to. Carleton Sheets in the 90s had a real estate system that worked for me. Use other peoples money and buy right. If more people understood that gains are made on purchases rather than sales, they would be better off. It's counter intuitive and requires discipline but so does DR and CH. The CS way, you acquire appreciating assets. Que gunfighter. Disclaimer: I'm out of the rental business because I couldn't deal with the DR idiots anymore. They didn't pay their bills, rent included. But I did well enough to be happy and secure.
Excellent. I think that I have said it before that if I were starting over I would do all of that within my ROTH IRA.
I just saw a blurb on Fox Business that some schools are going to start requiring high school finance classes to graduate. What a concept. Back when dinosaurs roamed the earth we had such classes. I wonder what ever happened to them...