PSA: If you get rich & have douche parents, dont..

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rh71

No Lifer
Aug 28, 2001
52,856
1,048
126
To be fair, putting your kid through hockey programs takes a lot of time and especially money.

Ok, still not fair.
 

Zodiark1593

Platinum Member
Oct 21, 2012
2,230
4
81
Apparently dumb does run through the family. They could have made off like bandits rather discreetely had they been a little more patient.
 

z1ggy

Lifer
May 17, 2008
10,004
63
91
To be fair, putting your kid through hockey programs takes a lot of time and especially money.

Ok, still not fair.

I've played puck all my life, there is no way my parents spent $15M worth of their time and energy on hockey, or any other sport I played for that matter.

This guy clearly trusted his parents, and they boned him. End of story. Who cares if he wasn't a smart guy.. Nobody deserves to literally lose every cent they've ever made, to pay off debts THEIR OWN PARENTS created for them.
 

alkemyst

No Lifer
Feb 13, 2001
83,967
19
81
I've played puck all my life, there is no way my parents spent $15M worth of their time and energy on hockey, or any other sport I played for that matter.

This guy clearly trusted his parents, and they boned him. End of story. Who cares if he wasn't a smart guy.. Nobody deserves to literally lose every cent they've ever made, to pay off debts THEIR OWN PARENTS created for them.

You were never near a pro though.
 

PricklyPete

Lifer
Sep 17, 2002
14,714
164
106
The topic says IF YOU GET RICH AND HAVE DOUCHE PARENTS.

Glad your parents are so awesome.

It doesn't take a person getting filthy rich to know their parents have integrity. If you think that is the case...I'm sorry for you.
 

alkemyst

No Lifer
Feb 13, 2001
83,967
19
81
It doesn't take a person getting filthy rich to know their parents have integrity. If you think that is the case...I'm sorry for you.

Until you are rich, you have no idea.

I have seen great families burn down when someone wins a few million bucks.
 

PricklyPete

Lifer
Sep 17, 2002
14,714
164
106
Until you are rich, you have no idea.



I have seen great families burn down when someone wins a few million bucks.


Your experience in no way validates your argument. Your view of "great" is very subjective. Your term "rich" is very relative. I couldn't think of a much less convincing argument.
 

tcsenter

Lifer
Sep 7, 2001
18,420
293
126
Unless your parents are chronically unemployed types who had problems with the drugs, getting public assistance but still seem to have enough for the casinos and such - some indication based in long-term behavior that they aren't responsible - why wouldn't you trust them? My parents did very well for themselves coming from nothing, over 40 years of working, saving, being frugal, eschewing some materialism and conspicuous consumption. My father (RIP) would admit that my mom had more to do with that, cracking down on his spending and advocating they save more (often to the point of an hella argument), otherwise they wouldn't have done as well.
 

MixMasterTang

Diamond Member
Jul 23, 2001
3,167
176
106
Your experience in no way validates your argument. Your view of "great" is very subjective. Your term "rich" is very relative. I couldn't think of a much less convincing argument.

I'd have to agree with Alky here, money changes EVERYTHING. I've seen enough people fighting with their siblings over a few thousand dollars when their parents die.
 
Feb 24, 2001
14,550
4
81
I'd have to agree with Alky here, money changes EVERYTHING. I've seen enough people fighting with their siblings over a few thousand dollars when their parents die.

I wish I could find the interview where some guy's son was murdered and the dad says "he killed my meal ticket."

As MixMasterTang noted, money changes everything.
 

PricklyPete

Lifer
Sep 17, 2002
14,714
164
106
I'd have to agree with Alky here, money changes EVERYTHING. I've seen enough people fighting with their siblings over a few thousand dollars when their parents die.


You agree with Alke that I do not know that I have parents with integrity because I am not "rich"? If you guys think that you have to dangle huge sums of money in front of people to determine if they have character is truly sad. I would hate to be in your shoes.
 

alkemyst

No Lifer
Feb 13, 2001
83,967
19
81
Your experience in no way validates your argument. Your view of "great" is very subjective. Your term "rich" is very relative. I couldn't think of a much less convincing argument.

I worked for a very large firm that bought annuities.

Some of the friends of my immediate family own the restaurant franchises you probably eat at.

I know rich and you aren't even close.
 

alkemyst

No Lifer
Feb 13, 2001
83,967
19
81
You agree with Alke that I do not know that I have parents with integrity because I am not "rich"? If you guys think that you have to dangle huge sums of money in front of people to determine if they have character is truly sad. I would hate to be in your shoes.

You are simply guessing bro.

I can guarantee someone threw mad stacks of cash in front of your parents and told them to choose, they'd pick the cash.

You defending it so much here proves you know that too.
 

JMapleton

Diamond Member
Nov 19, 2008
4,179
2
81
Earning the money is just half the battle, keeping it is the other. For most people the 2nd part is the hardest.
 

BUTCH1

Lifer
Jul 15, 2000
20,433
1,769
126
One would think that while she was initiating these loans the lenders would need him to sign off before disbursement, how could he not know something was wrong when his mom want's him to "guarantee" $15 mil worth of loans?.
 

alkemyst

No Lifer
Feb 13, 2001
83,967
19
81
One would think that while she was initiating these loans the lenders would need him to sign off before disbursement, how could he not know something was wrong when his mom want's him to "guarantee" $15 mil worth of loans?.

umm bro, it's a POA.
 

JMapleton

Diamond Member
Nov 19, 2008
4,179
2
81
One would think that while she was initiating these loans the lenders would need him to sign off before disbursement, how could he not know something was wrong when his mom want's him to "guarantee" $15 mil worth of loans?.

Not when you have a POA. Edit: see above.
 

BUTCH1

Lifer
Jul 15, 2000
20,433
1,769
126
umm bro, it's a POA.

Yea, I thought POA kicked in when the person was not able to make decisions because of illness, say severe Alzheimer's or something similar. Guess I am lacking knowledge of how POA works. Anyway what a sad story, that poor dude is not only financially wrecked he has to live the fact that his own parents were thieving scumbags for the rest of his life.
 

PricklyPete

Lifer
Sep 17, 2002
14,714
164
106
You are simply guessing bro.



I can guarantee someone threw mad stacks of cash in front of your parents and told them to choose, they'd pick the cash.



You defending it so much here proves you know that too.


I'm sorry you have such shitty parents that this is your life view. I guess that comes with growing up in Florida.
 

BUTCH1

Lifer
Jul 15, 2000
20,433
1,769
126
You are simply guessing bro.

I can guarantee someone threw mad stacks of cash in front of your parents and told them to choose, they'd pick the cash.

You defending it so much here proves you know that too.

I'd have to agree with your point here, last year myself and my brother found out that our oldest brother had conned our Mom out of $45K, she probably got told a sob story about how he was low on $$ and needed a loan to put his daughter in collage. Meanwhile he has over $300K in his 401K and he's over 60 so he's allowed to use it without penalty, I'm sure he conveniently "forgot" to tell my Mom that, the $45K was half her life savings. Now she's in an ALF facility that costs $3,500/mth because she has a drinking problem and cannot live alone without using. Needless to say this was shocking to myself and 2nd brother that he would scam Mom, I sent him an email explaining that her $$ was running low so he coughed up $10K and deposited it back, he also is POA and a POS in my opinion, I've made it clear to him that if I ever see him in person he will get the grade A beat-down, karma's a bitch..
 
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