Bleu wrote:
I'm assuming your their CPA? It's basic finance. Rupp and Mo are in a totally different league. Neither of the Goucher's have medals, both were NOP drop outs and there is a huge difference between buying a house for $420,000 and buying one for 1.5 million. The Goucher's house costs more than Mo's? LOL! I hope they can get enough out of it to pay the bank back. You let us know when it sells for what they paid for it. That would be a win.
Rupp probably has his house paid for. Mo will make that in appearance fees for his first marathon. Rupp has another 10 yrs of running and he hasn't even started running marathons. Kara has a few marathons left in her and will be lucky to get travel to them.
I'm not their accountant, and I fully realize that Mo is in a different league. My point was, I doubt you (and I certainly don't) know what the Goucher's earnings have been, what their investments have been, etc.. Without that knowledge, I'm unclear how you can say they have "horrid financial sense".