southbeach1500 saidYet another reason why Rubio is unfit to be President.
After cashing out the retirement account last year, he explained the decision in a deliberately folksy way: He needed to replace a broken refrigerator, and was also preparing for personal expenses related to his campaign.
Now this one would make me wonder a bit. I know that it's a young family getting started and he'll likely get all of this sorted out and in order eventually, but cashing out your 401k or IRA is not a very prudent move.
As bright as he is, I just don't think he's ready yet. He needs some administrative experience where he has to run something with a budget, whether it be a term or two as a governor or a cabinet secretary under the next Bush administration
He has plenty of time so maybe he can get back with us in 2020 or 2024.
Besides all of the old people that I know, and its a bunch, I also know a bunch of young people, mostly from the gym.
Kids that meet me around their senior year in HS and head off to college, graduate and then start a life with a new wife. Everyone knows what I do, and besides the CRE transactions both lease and sale, I've also done financing both residential (earlier) and then commercial.
I get lots of questions concerning building a credit score, student loans and misc debt, buying their first house or condo, etc. They also get mini lectures on the power of compounding .... about investing early in life. Most only semi listen. My grandson and his stupid spending on his fart can Honda and my best young friend hear it for many of the same reasons.
Of course if someone would have watched what I spent to restore that 63 Grand Prix that's out in the garage, most of the same comments could be leveled at me.
I understand though as I've made all the same mistakes. I have great advice ... I just don't always follow it. If I had, I sure wouldn't still be working.