The world’s most perfect husband and I manage my parents’ investments – and we’ve done a damn good job.
My dad is extremely frugal. My mom loves to shop. The contrast is endless entertainment.
Six weeks ago dad asked me to invest a large liquidity surplus from his company.
I’ve tried a tax-free account for several. years. The return is pathetic.
So I arranged a LEI number and moved the money into a proper investment account. The invested part is now up more than 16 %.
But I’m only using a small fraction of the surplus.
The rest is being held hostage.
Why? Because my 80-year-old father is shockingly bad at invoicing — despite me chasing him every single week.
Until he gets significantly better and faster at sending invoices, I refuse to release more capital.
And knowing my dad… this hostage situation is going to last a very long time.
This is a new post on the new dewlar.me blog.
You can find the old blog here:https://mrsdewlar.blogspot.com