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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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elmatador
To: John Vosilla who wrote (1032)9/12/2018 6:22:03 PM
From: robert b furman1 Recommendation  Read Replies (1) of 13801
 
Hi John and el,

I'd like to share a story in my family.

I have never had children - my wife's sister had two boys.

She married a self made attorney ,who took off from law school to ride Chicago city garbage trucks to pay his way through law school. A sharp hard working real life great guy!
He now has a big Chicago law firm job as the top guy . They had two boys - both went to college.

One flunked out and lived at home and pursued a teaching masters degree which he got and never used, as along the way he got a good job and worked hard and is doing well. He married a very disciplined wife who pursued and accomplished a high degree in nursing certification.

As young man he never got excited about much - got his driving license at 18!

Now at 32 he and his wife have a condo in downtown Chicago - they've loved the great urban life of Chicago.

Now just recently they are considering selling their condo and looking to buy out in the suburbs read that they're, planning a to have a family.

These millenials have been over nurtured , but when love and family making becomes important - it kicks in the buying habits that past generations also experienced.

College loans, living in Mom and Dads basement, blah blah blah - it all comes from over nurturing our kids.

It delays the individual from becoming a big consumer = homes , minivans ,soccer leagues and education.

It is alive and well , but delayed.

That's good, cuz the poor SOB's will be having a full retirement age in the mid 70's before it is all over and done with!

God Bless the USA !!

Bob
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