Re: How do you feel about people outright asking you for money?
Better rethink your position on loans. There is no higher risk loan than that to a friend or a family member. Especially if they see you as somebody who has plenty of money. They will expect you to let them slide at a moments notice, or even forgive the loan (because you're so much better off than them).
If it is somebody you love, give them the money, don't lend it. That way, you won't feel bad when they don't pay you back, and it won't ruin the friendship/relationship. If you choose to lend money, make sure it is in a spot where you will sue them, foreclose on their collateral, whatever, the same as you would if they were a stranger, and you were a public lender. If you can't do that to them, do not make the loan.
Later, Greg Raymer (FossilMan)
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