I wrote a piece for the magazine and made up a word
I have a piece in this week's magazine (Obama on the cover). It starts:
Stuart Katz and Jeff Kovack met at Ohio State. They quickly hit it off. The pair joined the same fraternity, and after graduation, both moved to Baltimore, where they became roommates. Then a year ago in April, the 25-year-olds took the next step: they bought a house together.
But no, this isn't that story. This is the story of friends—just friends—who buy houses together because they are young and don't have a lot of money but smell opportunity in a soft real estate market and want to start building equity ASAP, even if it comes before the wife, kids and golden retriever. "On my own, I might have been able to buy a one-bedroom condo, but that would have been pushing it," says Kovack. Instead, he and Katz live in a 2,300-sq.-ft. (about 215 sq m) three-bedroom row house with stainless-steel appliances and a deck out back. They split the mortgage, the tax break, the cost of upkeep—and the pride of being homeowners a few years out of college.
To find out the word I made up (okay, actually, I outsourced the word invention to a guy named Matt), you've got to go here and read the rest of the story.
Barbara!
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1
"Obama on the cover" .... that doesn't narrow it down very much, does it? LOL
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2
Co-Ho is your made up word, isn't it?
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3
When I read your comment, rrsafety, I didn't LOL—I downright cackled. We could be so evil together... but then I'd be the one to get fired.
@BfromH: Your reading comprehension is impeccable. Out of curiosity: were you ever paid to get good grades?
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Barb,
My mother was a teacher, and yes, that is how we earned money. An A had a value, a B had another and so on. So, yes, I was paid for my performance, but it was just a program that my parents utilized to emphasize a reality that I had not recognized.
People that have high levels of performance and intelligence are typically well rewarded. Of course, this is not categorically so. There is unrewarded genius just as there exists individuals who are famous for being famous.
Indeed, ultimately I learned a valuable lesson. I am now a patent attorney with undergrad degrees in chemistry, and I would say that I am getting paid very well for my good grades.
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That's interesting, Bryan from Houston, the notion of short-term vs. long-term monetary rewards. I have more thinking to do about this. (And I guess I should mention that we're talking about a different post, not this one.)
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