Comments on: Commencement http://coolmom.com/2009/06/17/commencement/ parents don't know what they are doing anyway, might as well laugh about it Tue, 22 May 2012 01:28:18 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: B http://coolmom.com/2009/06/17/commencement/#comment-8201 B Fri, 26 Jun 2009 10:47:27 +0000 http://coolmom.com/?p=3264#comment-8201 Daphne, 5% is an awful lot to charge. There are reputable companies with well-trained advisors, who can help to manage your money & diversify you appropriately for less than 5%. A good FA will sit with you and figure out what your short term needs, and long term goals are, and develop a plan that meets those needs. It is also important to discuss with them ways to help your children via 529 accounts - as there are several beneficial ways to set them up. Email me, if you'd like. I'm really very sorry that your family was vicitimized by the Madoff scheme, and that your recourse is so limited due to the "feeder" issue. It just sucks. Plain and simple. Keep working through your gried - it is all so very understandable. Daphne, 5% is an awful lot to charge. There are reputable companies with well-trained advisors, who can help to manage your money & diversify you appropriately for less than 5%. A good FA will sit with you and figure out what your short term needs, and long term goals are, and develop a plan that meets those needs. It is also important to discuss with them ways to help your children via 529 accounts – as there are several beneficial ways to set them up. Email me, if you’d like.

I’m really very sorry that your family was vicitimized by the Madoff scheme, and that your recourse is so limited due to the “feeder” issue. It just sucks. Plain and simple. Keep working through your gried – it is all so very understandable.

]]> By: Daphne http://coolmom.com/2009/06/17/commencement/#comment-7996 Daphne Sun, 21 Jun 2009 03:42:40 +0000 http://coolmom.com/?p=3264#comment-7996 well, I tried honesty one day and she just tuned me out.. it was too much. So I said, "well, we want a smaller house. we want to be closer to each other." I don't want her to feel unsafe. I always talk at bed time of all that we have, not what we don't. My 11 year old nephew got it and he vowed to become a lawyer when he was older and go after Madoff. Bless his heart. I'm sorry you have to go through this. well, I tried honesty one day and she just tuned me out.. it was too much. So I said, “well, we want a smaller house. we want to be closer to each other.” I don’t want her to feel unsafe. I always talk at bed time of all that we have, not what we don’t.

My 11 year old nephew got it and he vowed to become a lawyer when he was older and go after Madoff. Bless his heart.
I’m sorry you have to go through this.

]]> By: Heather http://coolmom.com/2009/06/17/commencement/#comment-7943 Heather Fri, 19 Jun 2009 21:19:45 +0000 http://coolmom.com/?p=3264#comment-7943 Great post. It resonates with so many people right now. I'm in the midwest and am a laid off housewife (no, not the I now have a maid and nanny kind... the I stayed home and hubby was laid off 3 months ago kind). Thinking about this really being a commencement for preschoolers got me wondering... What did you say to Viv? We struggle with how much to say to our almost 5-year-old. I don't want him to worry about things that are beyond his control, but I struggle to explain things in terms that are appropriate for him. Great post. It resonates with so many people right now. I’m in the midwest and am a laid off housewife (no, not the I now have a maid and nanny kind… the I stayed home and hubby was laid off 3 months ago kind). Thinking about this really being a commencement for preschoolers got me wondering… What did you say to Viv? We struggle with how much to say to our almost 5-year-old. I don’t want him to worry about things that are beyond his control, but I struggle to explain things in terms that are appropriate for him.

]]> By: Daphne http://coolmom.com/2009/06/17/commencement/#comment-7916 Daphne Fri, 19 Jun 2009 04:11:41 +0000 http://coolmom.com/?p=3264#comment-7916 Thanks. shucks. I look back and think why was I hustling last year when I thought we were set. Now, I know! have a great weekend everyone! Thanks. shucks.
I look back and think why was I hustling last year when I thought we were set. Now, I know!
have a great weekend everyone!

]]> By: Alexandra http://coolmom.com/2009/06/17/commencement/#comment-7910 Alexandra Fri, 19 Jun 2009 03:20:30 +0000 http://coolmom.com/?p=3264#comment-7910 Wise words, Daphne. One must ALWAYS be prepared to work. And no one person should shoulder the entire responsibility of financially supporting the family: all must do. Because you must always be prepared and ready to work. Keep your skills and accreditation up, keep your networking up, let people know what you do, in case something ever comes up, so will your name. Wise words, Daphne. One must ALWAYS be prepared to work. And no one person should shoulder the entire responsibility of financially supporting the family: all must do. Because you must always be prepared and ready to work. Keep your skills and accreditation up, keep your networking up, let people know what you do, in case something ever comes up, so will your name.

]]> By: amyz5 http://coolmom.com/2009/06/17/commencement/#comment-7898 amyz5 Thu, 18 Jun 2009 22:04:41 +0000 http://coolmom.com/?p=3264#comment-7898 Nicely put Daph. And might I add, I don't ever remember a pre-school graduation speech that used the term S and M before! Always a pleasure reading your rants. Nicely put Daph.

And might I add, I don’t ever remember a pre-school graduation speech that used the term S and M before!

Always a pleasure reading your rants.

]]> By: Tara http://coolmom.com/2009/06/17/commencement/#comment-7880 Tara Thu, 18 Jun 2009 11:54:33 +0000 http://coolmom.com/?p=3264#comment-7880 Brilliant post Brilliant post

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