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Old Posted Oct 3, 2019, 6:54 PM
Crawford Crawford is offline
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Join Date: Nov 2003
Location: Brooklyn, NYC/Polanco, DF
Posts: 30,773
Quote:
Originally Posted by JManc View Post
I get the opportunity lost angle but the problem is looking at having kids from a business perspective. It's not. Couples with the means to pony up $10k for child care don't care about not putting it in their portfolio. The kid(s) are their investment. They do not see that $30k in 20 years as opportunity lost but rather the best education for their kid.
And, it's not like they would have necessarily put all that money in their investment account otherwise. They'll consume in some other manner, especially in the U.S. Like my childless colleague now taking flight lessons.
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