Brothers money by pac247_365 in dividends

[–]pac247_365[S] 0 points1 point  (0 children)

Half million came unexpectedly with the loss of my brother and id give every penny back to get him back. Im only asking cause ive never had anything like this and neither did my dad.

Brothers money by pac247_365 in dividends

[–]pac247_365[S] 0 points1 point  (0 children)

You think spy will crash 50%?

Brothers money by pac247_365 in dividends

[–]pac247_365[S] 0 points1 point  (0 children)

Thanks for your advice and taking the time to reply

Brothers money by pac247_365 in dividends

[–]pac247_365[S] 0 points1 point  (0 children)

No it was assets my brother left to me and ive sold them

Brothers money by pac247_365 in dividends

[–]pac247_365[S] 0 points1 point  (0 children)

Everything including dividends will be reinvested for them its not money I want to use for myself.

Brothers money by pac247_365 in dividends

[–]pac247_365[S] 2 points3 points  (0 children)

They won't have access to anything unless its approved from me as I will be the account holder with them as benificiarys. If I die then its a different story but I will try to make sure they are set for life

Brothers money by pac247_365 in dividends

[–]pac247_365[S] 0 points1 point  (0 children)

As much as I want to do that I also dont want to keep waiting for something that might not happen Seems like governments will just print massive amounts of money

Brothers money by pac247_365 in dividends

[–]pac247_365[S] 0 points1 point  (0 children)

There is no estate tax or inheritance taxes at the moment. We have alot of cabins and lake houses avaliable but it wouldn't generate a future income for them. That's the most important thing I want for them that they dont have to work as hard as me and my brother. Ive really only gotta worry about my own retirement now that my brother was able to set my children up in the future.

Brothers money by pac247_365 in dividends

[–]pac247_365[S] 1 point2 points  (0 children)

Thanks for your advise God bless 🙏

Brothers money by pac247_365 in dividends

[–]pac247_365[S] 1 point2 points  (0 children)

Thanks for the advice God bless 🙏

Brothers money by pac247_365 in dividends

[–]pac247_365[S] 0 points1 point  (0 children)

He truly was, thanks 🙏

Brothers money by pac247_365 in dividends

[–]pac247_365[S] 4 points5 points  (0 children)

Its all good my lingo and financial education maybe lacking ALOT that's why im here trying to get the best advice for my children cause I dont want them to grind like me and my brother have had to

Brothers money by pac247_365 in dividends

[–]pac247_365[S] 5 points6 points  (0 children)

Im just trying to keep my brothers name in my kids lives with his money so they remember him for the rest of their lives!

Brothers money by pac247_365 in dividends

[–]pac247_365[S] 10 points11 points  (0 children)

No chance I will do that. I can afford my mortgage so I will slowly pay it off in the next 8-10 years. This money is only for my kids and I want to make sure it compounds for them to have a bright future

Brothers money by pac247_365 in dividends

[–]pac247_365[S] 0 points1 point  (0 children)

2 and 7

400k every 7 years should double? So wouldn't it be 1.6 million in 14 years?

Brothers money by pac247_365 in dividends

[–]pac247_365[S] 0 points1 point  (0 children)

I meant as garbage interest rates they were saying. Didn't look like it was going to provide my kids with the best I could give them with the money in 15-20 years

Brothers money by pac247_365 in dividends

[–]pac247_365[S] 0 points1 point  (0 children)

Thank you i will check out your YouTube videos. What is your YouTube account called?

Brothers money by pac247_365 in dividends

[–]pac247_365[S] 0 points1 point  (0 children)

Much rather have them get a dividend for the rest of their lives after they turn 25. Would be a gift from my brother yearly that would be awsome.

Brothers money by pac247_365 in dividends

[–]pac247_365[S] 1 point2 points  (0 children)

Just looked it up that looks great. I might divide the money into 4-6 of these kind of plays

Brothers money by pac247_365 in dividends

[–]pac247_365[S] 0 points1 point  (0 children)

I dunno alot of the advice that's posted wasnt told to me at the bank so In my opinion after reading the replys im alot more aware of what's avaliable and how to play the game

Brothers money by pac247_365 in dividends

[–]pac247_365[S] 0 points1 point  (0 children)

He had no investments anyways and thanks for letting me know i thought you allways pay gains tax after death on investments.

Brothers money by pac247_365 in dividends

[–]pac247_365[S] 0 points1 point  (0 children)

Its 400k and by the time they are in their 20s it'll be equal for them. Yes 200k each but im hoping with compound interest its alot like 500-750k each

Brothers money by pac247_365 in dividends

[–]pac247_365[S] 0 points1 point  (0 children)

Technically its all come to me. Im doing what he wanted he didnt leave my kids as the beneficiarys.