Reply to I don’t understand how my neighbors are paying for their renovation

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[quote=Anonymous][quote=Anonymous]For us it was Apple stock and a decade of frugality.

Not everything is about family money, far from it, but after spending years on DCUM, I've seen that people feel more comfortable thinking their neighbors benefited from family help than from their own investment decisions or their own frugality or hard work. It must make them feel better about themselves, a la "it's not my fault I can't have the same thing, this family just started out on a different rung".

[/quote]

Agree with PP. Why do people always assume it’s family money? In most cases it’s not.

For us it was Tesla stock and frugality. Bought in 2019 and sold most of it after its meteoric rise in fall of 2021 (included multiple stock splits). Made more money in Tesla stock in 2 1/2 years than we would make working 20 years in our current jobs (total combined $200K annual salary) and we don’t even own an EV.  We make our own investment decisions, take our own risks, have no financial advisor, no family money, and no inheritance. [/quote]

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