UnThreaded | Threaded | Whole Thread (17) | Ignore Thread Prev | Next
Author: fun2bretired Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75525  
Subject: Re: Real Estate investing a smart move Date: 3/28/2011 4:20 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Because she does not want to recognize the reality of the marketplace.



Well, that's entirely possible but YOU try telling my 76 year old mother that the piece of real estate she's been pinning her hopes of a cushy retirement on for the past 10-15 years may not be all-dat...

Just sharing, my mom was 84 sat on commerical property all her life, with my father 87 still living, and boy...I really feel your pain. There was no way to convince my parents,that their $900.00 investment in 80's,which was offered 210k 2000, was really only worth 25k in 2010 from the same person who offered 210k, different market and they knew my parents were old and they would wait it out.

On top of that my mom suffered from dementia and couldn't understand really too much.

Market, market, market, I made money with GM before the crash, but suffered with Cisco,

There is no easy way to convince your parents, and I'm still dealing with the problem with my dad. The only thing, is patience, and keep trying.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (17) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Post of the Day:
Macro Economics

U.S. Stable, Europe Stalling
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement