Subject: Re: The Case for Long-Term Buy and Hold Investing
“ If they every have kids, we will pay for their college education.”
Thanks IP for your detailed thoughts. The gift of a great college & med school education and leaving debt free was the large & best gift imo from my parents. We did not receive other real gifting until recent years from my mom, but being debt- free was very liberating after a pretty long training (30yo before joining a private practice).
My brother & SIL has adult kids and grandkids and he has gifted the max 5 years early in their adulthood ( nearly $200K) to help each child & their spouse with home ownership. I like that decision.