Rich NYCers Moving to South to Get Kids Into Ivies

Tuesday, September 19, 2023

Some wealthy New York City families have relocated to rural areas in the South in a bid to make their children more appealing to Ivy League schools.

Posted by censored at 04:32 PM | 5 COMMENTS | permalink | Comment on This Entry |

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#1 | Posted by censored at 2023-09-19 11:53 AM | Reply

I guess all those minority families living in the Bronx haven't figured out this ploy yet.

Because we all know that everyone has the same opportunities.

#2 | Posted by Nixon at 2023-09-19 01:31 PM | Reply

I guess all those minority families living in the Bronx haven't figured out this ploy yet. Because we all know that everyone has the same opportunities. #2 | Posted by Nixon

I mean, these are the same fools slaving away at their minimum wage jobs and getting hit with income taxes instead of paying less than half by investing in the stock market. SMDH.

#3 | Posted by censored at 2023-09-19 02:15 PM | Reply

#3 Censored You mean running the risk of losing all their money gambling on the stock market.

#4 | Posted by Ronnie68 at 2023-09-19 06:13 PM | Reply

#3 Censored You mean running the risk of losing all their money gambling on the stock market. #4 | Posted by Ronnie68

Obviously they should only invest about half of their trust fund in the stock market. Leave the rest in less volatile assets like T-Bills.

But best of luck explaining basic aspects of portfolio management to "those people."

#5 | Posted by censored at 2023-09-20 02:25 PM | Reply