Mailbag, incl: Should I invest in property for my kids? March 15, 2026

**Andrew Ram Page** (0:05)
The S&P.

**Scott Pape** (0:06)
The ISX stocks.

**SPEAKER_3** (0:07)
This is the Motley Fool Money Mailbag.

**Scott Pape** (0:10)
Welcome to Motley Fool Money, our very special Sunday morning Mailbag edition. It's special because it's Sunday. It's special because it's Motley Fool Money. It's special because we've got a mailbag, not so special because I'm here, but very special because he is here. The man who, as I've said before, puts man in straw man and straw in straw man, and someone said raw in straw man, which I think is probably also very appropriate. Probably very good at anagrams, I suspect. The man, of course, is Mr. Andrew Ram Page, Esquire, if you don't mind. How are you, mate?

**Andrew Ram Page** (0:39)
Also putting the ma in straw man.

**Scott Pape** (0:43)
The t in straw man.

**Chris** (0:46)
Yeah, sort of works.

**Scott Pape** (0:49)
exactly..com, if you don't mind.

**Andrew Ram Page** (0:51)
That's right.

**Scott Pape** (0:52)
Put the.com in strawman.com. Like every good 90s listed company, put a.com at the end.

**Andrew Ram Page** (0:59)
You know what's funny? You mentioned this, and let's go straight into a tangent. Okay. Do you remember back in the day, I'm thinking late 90s, and the Landrush was on for domain name.

**Scott Pape** (1:14)
Yes.

**Andrew Ram Page** (1:15)
And I remember because it was my first real job in this space. And just like everyone was trying to register things, like pets.com was the classic one. But it was like the way domain names work, is you can only have one google.com, the Internet is not going to work if it can, which Google did you want? Right? So it was seen as super important, and there were domains that were going for millions and millions of dollars. And history didn't unfold that way. And now we've seen different, like you can have.ai, you can have.anything really at this point in time. But it was a, I was thinking about it the other day, because it's a really good example of something that made sense at the time was entirely plausible. This wasn't, it's very easy to look back and go, how stupid people were.
Imagine paying $10,000 for scottphillips.com or whatever it happens to be. It was like, no, it was actually perfectly rational, but it's a good reminder to stay grounded when forecasting the future, right? Because it just didn't unfold that way. And I like me in particular, who gets very carried away with technological trends, is just to keep yourself grounded with things that seem obvious and inevitable, but aren't always so.

**Scott Pape** (2:37)
I doubt the truth. And it's a really... You know what's uncomfortable about that? Is right now, there's those exact same things that we're thinking. And so, fast forward 5 or 10 years, like, oh, and it's not... I hope I'm a little more humble, a little wiser these days, although, as they say, if you're proud by your humility, you're probably missing the point.
The... I should remember how much I thought I was at 18, then how much I thought I knew at 25, how much I thought I knew at 30, how much I thought I knew at 40 And the older you get, the more you realize you don't know and how silly and certain some of those opinions felt or seem to be, or... It's just a bit cringe-worthy. It's like, oh, not that I was 100% wrong necessarily, sometimes I was, just the conviction I had in some of those things. Well, of course. It's like, well, life doesn't quite work out that way. And you think, well, we're investors, right? The stocks we own today.

**Andrew Ram Page** (3:29)
I was going to say, that's the uncomfortable reality. Our whole game is making bets on the future. That's what we're doing. So you have to have a view, right?
You just can't fall in love with an idea, right? I think the way that you handle it is you absolutely have an opinion, right? And try and make it as fact-based and as rational as you can, but just always look out for disconfirming evidence, right? And when it's... And like, don't beat yourself up about it. Okay, I thought this. That seems laughable in retrospect. There's two paths forward from that point. The one is, la, la, la, la, la. No, I'm still right.

**Chris** (4:09)
Which scarily enough is a lot.

**Andrew Ram Page** (4:12)
Or there is like, okay, for whatever... Whether it was silly and obvious and dumb or whatever, it's like, the fact is, it just no longer holds water. So I can go la, la, la, la, or I can change my mind. And so I can change your mind and be dumb with it. And then, it's a really... Actually, it's the scientific method, really. All I did was outline the scientific method.