What would your 16 year old self do with the $ in your brokerage account
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Poast new message in this thread
Date: May 28th, 2025 11:03 AM Author: Ocher Lay
I'm sure that I would just leave it there and go around thinking that I was rich.
There was a time when my friends took me to an Arby's and they all got a mountain of $.79 Arby's Melts. I mean they ordered like 20 of them or something. The two of them feasted while I just watched because I had nothing to contribute so the sandwiches were not mine. Finally, after gorging themselves, they threw me a Arby's Melt out of pity.
Honestly, this is one of my favorite moments from high school and I had both bros in my wedding.
(http://www.autoadmit.com/thread.php?thread_id=5730624&forum_id=2...id.#48967346) |
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Date: May 28th, 2025 12:05 PM Author: misanthropic bonkers stag film
You watched, impotently, as your friends over-gorged themselves.
Then when they finished, they felt sorry and gave you their scraps?
Is that how you met your wife, too?
(http://www.autoadmit.com/thread.php?thread_id=5730624&forum_id=2...id.#48967563) |
Date: May 28th, 2025 11:04 AM Author: fishy glittery trust fund abode
I bought Ford at $2 and then sold at $4. Made like $2k which felt great.
The end
(http://www.autoadmit.com/thread.php?thread_id=5730624&forum_id=2...id.#48967348) |
Date: May 28th, 2025 11:35 AM Author: misanthropic bonkers stag film
1. Car;
2. Console;
3. Clothes;
(http://www.autoadmit.com/thread.php?thread_id=5730624&forum_id=2...id.#48967453) |
Date: May 28th, 2025 11:57 AM Author: Cracking Electric Furnace Skinny Woman
in 2000 (i was 21), i bought $4k worth of apple stock after getting the settlement from a car accident where i was rear ended (i just used the money to buy stock and never got the car fixed).
i doubled my money and sold it (this is when they just made gay looking pastel colored computers). if i'd held on to it, i'd have like $1.5 million now.
i was 16 in 1995. i'd probably plow whatever money i had into microsoft or something. what other tech stocks existed then?
(http://www.autoadmit.com/thread.php?thread_id=5730624&forum_id=2...id.#48967539) |
Date: May 28th, 2025 2:25 PM Author: Translucent principal's office place of business
Lexus
Gold Rolex
Big screen
Audio (car and home)
Computer and games
Pizza
(http://www.autoadmit.com/thread.php?thread_id=5730624&forum_id=2...id.#48968164) |
Date: May 29th, 2025 8:00 AM Author: Silver stage liquid oxygen
Now this is an interesting legal scenario, hypothetically one can be considered legally emancipated per precedent if they are at least 14 years of age. In a hypothetical scenario where the minor lies about their age with a fake id to purchase a piece of real estate IN CASH (instead of credit) & the real estate title goes to their name, wouldn't that create an automatic emancipation scenario?
The minor owning the property would have established property rights as property owner & under traditional legal precedent minors that would lie about their age would get held liable for contracts they entered into.
Imagine a hypothetical suit where the minor as property owner files a lawsuit against individual x. Individual X (say a parent/guardian) allegedly threatened damage to the property & the minor demands civil damages from Individual X. Even if it's a bogus lawsuit, the minor would have automatic standing as property owner, which would mean the court would have to adjudicate the minor as emancipated after which the minor could simply drop the suit & walk away from the case with an automatic emancipation ruling in his favor?
Formal Legal Emancipation gives a minor Contractual Capacity & removes international travel restrictions.
Unlike owning a car or any other item, the ownership of real estate explicitly requires one to be above the majority. In any other scenario the court could simply avoid the emancipation question.
I'm raising this issue as there are many responses in this thread that pertain to the purchase of real estate, which requires one to be above the age of majority.
(http://www.autoadmit.com/thread.php?thread_id=5730624&forum_id=2...id.#48969967) |
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