Started By
Message

re: Boomers are subsidizing Gen Z and millennial spending habits, ‘Oracle of Wall Street’ says

Posted on 9/23/24 at 10:26 am to
Posted by aTmTexas Dillo
East Texas Lake
Member since Sep 2018
24024 posts
Posted on 9/23/24 at 10:26 am to
This Boomer is giving money in the allowed not taxable amount to my kids every year. Soon we will transfer to child and spouse. So I am doing the wealth transfer. Next year it is 19 grand per person. I hope it helps them.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 9/23/24 at 10:27 am to
quote:

Having rich parents might be the best thing a person can be born with.


If youre materialistic.
Posted by 94LSU
Member since May 2023
1121 posts
Posted on 9/23/24 at 10:32 am to
The 30+ TRILLION national debt is how those boomers got to be well-off and they never had any intention of repaying it. That's Gen Z and millennial's problem, they said to themselves. Now they pat themselves on the back for being so generous.
Posted by aTmTexas Dillo
East Texas Lake
Member since Sep 2018
24024 posts
Posted on 9/23/24 at 10:53 am to
quote:

The 30+ TRILLION national debt is how those boomers got to be well-off

I never thought this at the time.?? Humhh, you maybe .........
Well I always say it's better to have money than not.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
139067 posts
Posted on 9/23/24 at 10:58 am to
quote:

Having rich parents might be the best thing a person can be born with.
Interesting.
I'd be very surprised if you actually believe that, Cubs.

Caring support from a close, grounded, nuclear family with self-sufficiency values would be right up there though.

In a country where 80% of millionaires are 1st gen wealth, foundation rather than funding would seem to be the ticket.
Posted by lsu777
Lake Charles
Member since Jan 2004
38079 posts
Posted on 9/23/24 at 11:03 am to
not what is happening in my family nor what i see


but i dont hang out with losers either.

and ftr i doubt millenials, like myself, that are in their 40s are getting help from parents. highly doubt those 32+ are living with the family much if at any real %
Posted by teke184
Zachary, LA
Member since Jan 2007
104096 posts
Posted on 9/23/24 at 11:03 am to
Obligatory random note -

Whitney is Mrs John Bradshaw Layfield, who is a former WWE champion / commentator and Fox News financial contributor.


She apparently got a lot of death threats in 2008-2009 reported in the wrestling press before and during the Great Recession because she correctly predicted a lot of issues and was ignored.
Posted by lsu777
Lake Charles
Member since Jan 2004
38079 posts
Posted on 9/23/24 at 11:05 am to
quote:

4cubbies


im sorry your parents failed to do their job

how are you going to make fun of someone because their parents were there for them, created a very successful life and can now pass on the knowledge and wealth to their off spring?

let me guess...not fair because your parents sucked?
Posted by 4cubbies
Member since Sep 2008
61460 posts
Posted on 9/23/24 at 11:06 am to
What are you going off about? Do I know you?

Posted by lsu777
Lake Charles
Member since Jan 2004
38079 posts
Posted on 9/23/24 at 11:07 am to
quote:

What are you going off about? Do I know you?



your constant whining about the "rich" and how unfair things are across all your post here.

you are constantly whining
Posted by 4cubbies
Member since Sep 2008
61460 posts
Posted on 9/23/24 at 11:07 am to
quote:

your constant whining about the "rich" and how unfair things are across all your post here.


Can you please link one of these constant whining posts? Just one.


Exactly. You can’t find one. I don’t know what causes a person to be so unstable that he creates fictional narratives about strangers and then berates the stranger according to that delusion. Schizophrenia?
This post was edited on 9/23/24 at 11:11 am
Posted by lsu777
Lake Charles
Member since Jan 2004
38079 posts
Posted on 9/23/24 at 11:10 am to
quote:

Can you please link one of these constant whining posts? Just one.


the one i just replied to with the snarky "rich parents" comment

and before you go accusing...i come from a single father who started as a helper in the plants and worked his way up. Im the first male in my family to graduate college.

but the constant whining by you and other liberals when the transfer of wealth comes up is so stupid

there is no cap on the money supply...go get you your own large piece of it and leave it to your kids
Posted by 4cubbies
Member since Sep 2008
61460 posts
Posted on 9/23/24 at 11:14 am to
Oh, you think poor parents are subsidizing their kids’ spending habits.

How does that mean rich parents are bad?

quote:

but the constant whining by you and other liberals when the transfer of wealth comes up is so stupid


This is your second post in a row whining about me. Can you link a post from that proves this constant whining you won’t shut up about?

You’re derailing this thread to make baseless accusations.
Posted by aTmTexas Dillo
East Texas Lake
Member since Sep 2018
24024 posts
Posted on 9/23/24 at 11:16 am to
Parents with money who have responsible children should pass as much as they can tax free before they pass on. It helps my children who are in their 30s to have extra money now. Not 20 years. Pass it forward!

You know how much a home costs in Austin?
Posted by lsu777
Lake Charles
Member since Jan 2004
38079 posts
Posted on 9/23/24 at 11:16 am to
quote:

Oh, you think poor parents are subsidizing their kids’ spending habits.


they are allowing them to live at home longer

quote:

How does that mean rich parents are bad?



its not but you imply that all the time

quote:

This is your second post in a row whining about me. Can you link a post from that proves this constant whining you won’t shut up about?

You’re derailing this thread to make baseless accusations.


na, been around long enough to know your normal posting habits
Posted by lsu777
Lake Charles
Member since Jan 2004
38079 posts
Posted on 9/23/24 at 11:17 am to
quote:

Parents with money who have responsible children should pass as much as they can tax free before they pass on. It helps my children who are in their 30s to have extra money now. Not 20 years. Pass it forward!

You know how much a home costs in Austin?


agree 1000%
Posted by KiwiHead
Auckland, NZ
Member since Jul 2014
37617 posts
Posted on 9/23/24 at 11:17 am to
Tail end of X is early 1980s so it's just a reference age.
Posted by 4cubbies
Member since Sep 2008
61460 posts
Posted on 9/23/24 at 11:19 am to
quote:

its not but you imply that all the time


Prove it or stop lying. Link a post of mine complaining about rich parents.

quote:

na, been around long enough to know your normal posting habits


Weird because I don’t recognize your user name. in other words, you’re admitting that you made this up and can’t find any proof to support your lie.
Posted by aTmTexas Dillo
East Texas Lake
Member since Sep 2018
24024 posts
Posted on 9/23/24 at 11:22 am to
quote:

Prove it or stop lying. Link a post of mine complaining about rich parents.

Curious. Are your parents rich and do you have anything against rich parents in general?
Posted by 4cubbies
Member since Sep 2008
61460 posts
Posted on 9/23/24 at 11:30 am to
quote:

Curious. Are your parents rich and do you have anything against rich parents in general?


I don’t have anything against anyone pertaining to their financial status.

I haven’t lived with my parents since I was 18. I’m married with my own family now and don’t get help from my parents because i don’t need it. Their financial situations are none of my business.
first pageprev pagePage 2 of 4Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram