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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: Max2.0 who wrote (776)	1/21/2022 3:01:20 PM
From: chowder	14 Recommendations Recommended By diegosan INCOGNIT0$ Joe Wesley jritz0 lizardK and 9 more members Read Replies (1) \| Respond to of 22007

We grew up poor when I was young. I was shining shoes on the corner at age 10, used to cut crass, shovel snow, rake leaves and had a newspaper route so I would have money to go to Red Sox games. When I was 15 I lied about my age to get a part time job after school and worked as a dish washer at New England Baptist Hospital. I was still in high school, and being poor, I had to pay rent to my parents to live at home. Try that one on for size. ... Ha! I bought my own clothes and food while still in high school. I always made money but being poor I always spent it because we didn't have much and that was the only way I could have anything. Nobody in my family knew anything about investing. Now they all turn to me for investing. Cousins, nephews, you name it. Having to pay rent in HS was what gave me the idea to start taking money from my son at age 10. I made him give me back 20% of his allowance but instead of rent, I invested it. I took 20% of his XMAS money, 20% of his birthday money, and made him get a part time job after school at age 16 and took 20% of his paycheck to be invested. By the time he was 22 years old he had built up $42K on his own through this process and that $42K was the start of the Project $3 Million Portfolio which is now the Young Folk Portfolio.