Show Me The Money! Rupert's House.

[pippin_999 <foxmoth@qnet.com>]

--- In HPFGU-OTChatter at yahoogroups.com, "Steve 
<bboy_mn at y...>" <bboy_mn at y...> wrote:

> Rupert's money should be going into a protected financial 
trust, where his money is protected, and invested wisely and 
concervatively, sothat his future life and education are secured by 
this money. I<<

Considering what the stock market is doing, putting the money in 
real estate doesn't sound like a bad idea to me. There's also the 
question of security. Moving to an island doesn't sound like a 
bad idea either.

The house could well be held  in trust for Rupert. In my state, 
though a child can own real estate outright,  it's not 
recommended, since the child can't legally sell it. 

Putting money into a protective trust sounds wonderful, but is no 
guarantee that the funds will be invested profitably. Professional 
money managers  on the whole don't do any better than index 
funds, and they are more expensive.


Pippin