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Old 08-10-2009, 04:08 PM   #1
alice1485
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Should I give my bf half of the money?

So my bf has been investing some of my money for me. He picked all the stocks using his knowledge of the market. So far, I've made about $200. When/If I decide to take my money out, should I give him half the earnings? Like, is he expecting me to? Is it the nice thing to do?
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Old 08-10-2009, 04:12 PM   #2
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Quote:
Originally Posted by alice1485 View Post
So my bf has been investing some of my money for me. He picked all the stocks using his knowledge of the market. So far, I've made about $200. When/If I decide to take my money out, should I give him half the earnings? Like, is he expecting me to? Is it the nice thing to do?
No, it's your money and your investments.
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Old 08-10-2009, 04:13 PM   #3
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It's your money. So, you shouldn't have to.

But, it'd be nice to share the wealth and give him something nice for helping you out.
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Old 08-10-2009, 04:13 PM   #4
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Originally Posted by spinner7 View Post
Ok reverse the situation say you'd be losing $200 would expect him to pay you half of it back? or just accept your lost?
Yea, he said he'd reimburse me if i lost the money. I said that he didn't have to do that.
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Old 08-10-2009, 04:16 PM   #5
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what a sweetie!
i agree with debaser. if you end up gaining a lot, i'd buy him something really nice in appreciation but you don't owe him half of it, and i doubt he's expecting it.
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Old 08-10-2009, 04:18 PM   #6
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Originally Posted by spinner7 View Post
Ho well i did not expect that, maybe that is the way to bring it up and honestly ask him how he feels about it.

When i did my wifes income tax return (refunds were always treated as personal fun money) if she did get a refund I certainly did not expect her to pay me back for doing the return....

hope ths helps
I think the difference is that she didn't give you money. You got her money by doing work but she didn't invest her money to begin with.

If that makes sense.

If I lost my boyfriend cash in the stock market, that's my own darn fault and I'd pay him back.
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Old 08-10-2009, 04:24 PM   #7
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If I was investing money to make money, I wouldn't be getting someone else to do it if I had to give them half. Sort of defeats the purpose of investing, if you're not actually getting a whole lot back. Why not skip the middle man?

Like mentioned, I'd so something sweet, like take him out or buy him something he's been eyeing up as a thank him.

But I'd say more or less he's just doing it because he loves you, something my guy would do...and he certainly wouldn't be expecting to cash in if the investments went well...but I would certainly do something as a thank you, whether its monetary or not...he had part in it.

You can offer him half of your earnings if you feel that is the right thing to do.
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Old 08-10-2009, 04:27 PM   #8
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Originally Posted by _Asti_ View Post
If I was investing money to make money, I wouldn't be getting someone else to do it if I had to give them half. Sort of defeats the purpose of investing, if you're not actually getting a whole lot back. Why not skip the middle man?

Like mentioned, I'd so something sweet, like take him out or buy him something he's been eyeing up as a thank him.

But I'd say more or less he's just doing it because he loves you, something my guy would do...and he certainly wouldn't be expecting to cash in if the investments went well...

You can offer him half of your earnings if you feel that is the right thing to do.
Hm, good point. I don't really know what I would do, I just wanted to hear your opinions to make sure I wasn't being stupid if I decided to give him half. I mean, the way I see it, I wouldn't even have the extra dough if it wasn't for him...and I trust him more than a random investment middle man, you know?
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Old 08-10-2009, 04:30 PM   #9
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My dad helped me invest some of my money. I lost $1,000 in an IRA in less than a year. But it wasn't his fault; just the wrong time with the sharp fall in the economy. But I certainly didn't expect him to pay me back the money I lost. He gave me guidance which I could have accepted or declined. Likewise, if it had made money, it's still my money.

I would maybe take him out to dinner in celebration of the earnings and call it good. Yeah, you wouldn't have made money without his help. But he wouldn't have gotten any either without your money to invest. And if he has his own money invested in the same things he told you to do, then he has his own and he doesn't need your earnings. So no, don't give him half.
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Old 08-10-2009, 04:33 PM   #10
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Originally Posted by alli View Post
I would maybe take him out to dinner in celebration of the earnings and call it good. Yeah, you wouldn't have made money without his help. But he wouldn't have gotten any either without your money to invest. And if he has his own money invested in the same things he told you to do, then he has his own and he doesn't need your earnings. So no, don't give him half.
That makes sense. I think I'll just get him a nice gift. Thanks for the advice, guys!
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