Re: Grandkid's college tuition

Posted by gold-leaf-deere on January 17, 2007 at 20:28:26 from (64.12.116.74):

In Reply to: Grandkid's college tuition posted by gold-leaf-deere on January 16, 2007 at 18:49:26:

Thanks for all or the comments. I will try to condense all of the comments and give my blanket reply to them.
1. I have six grandkids and they all will have plenty of rare special old tractors to remember Grandpa by.
2. The hope for monetary gain by investing in a College Fund surely won't ruin the incentive for each kid to work to help pay his way in College.
3. When I graduated from Electronic trade school 50 years ago, I owed no one , I had paid my way totally. I agree this installed a work ethic that I have carried for my total working life.
4. My youngest grandson is 1 month and the oldest is 12 years old, and I am 70 years old.
5. I have seen the Ford T market go South and just had the idea to diversify and let one of 12 rare tractors go and invest it as PARTIAL Tuition help for the Grandkids. Thanks for the ideas.
6, I have seen the Low Cost Government Loans being used wrong. For instance, A local Doctor drives his BMW, Lives high on the Hog, Invest heavily in Mutual Funds and let's his payments slide on His Tuition Loan, all this is done at us poor Tav Payer's expense. Enough of this rant.

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