Showing posts with label Personal Finances. Show all posts
Showing posts with label Personal Finances. Show all posts

Sunday, June 7, 2015

Rubio's Real Estate Dealings Often A Drag On His Finances

AP Photo/Nati Harnik
By Nicholas Riccardi, Jun. 6, 2015, Yahoo/AP

During Marco Rubio's first year in the Florida Legislature in 2000, the 29-year-old lawmaker filled out the required forms detailing his personal finances. On the line listing his net worth, Rubio wrote: "0."

Since then, he has risen to lead the state House as speaker, won election to the U.S. Senate and earned at least $4.5 million at a series of six-figure jobs and by writing a best-selling memoir. Yet his net worth has improved only modestly.

Like many Americans in the days since the recession, Rubio and his family — he has four children — have struggled in the housing market.

Factor in some questionable moves with money and a hefty load of student loans, and it's clear that the Republican presidential candidate's real estate dealings often have been a drag on his finances despite an income most would relish.

Read the full story: www.news.yahoo.com


Join us - become an Elderado today at: LarryElder.com  

Follow Larry Elder on Twitter
"Like" Larry Elder on Facebook