Results 12,901 to 12,925 of 18218
-
01-21-2021, 12:56 PM #12901
I never had anything like that (and it's not like I had an objectively shoddy education, quite the opposite). Thankfully, I was always naturally good at finance/numbers, and I bounced one check in college and that was all it took for me to make sure that never happened again. But kids should be learning this stuff BEFORE they are independent adults. I know a lot of people who got buried in credit card debt in their 20s because they didn't understand what they were doing.
"fuck off you asshat gaper shit for brains fucktard wanker." - Jesus Christ
"She was tossing her bean salad with the vigor of a Drunken Pop princess so I walked out of the corner and said.... "need a hand?"" - Odin
"everybody's got their hooks into you, fuck em....forge on motherfuckers, drag all those bitches across the goal line with you." - (not so) ill-advised strategy
-
01-21-2021, 01:26 PM #12902
I had several friends get hooked on credit cards in college. Always thought it was predatory the way they tried to manipulate kids with zero real world experience into shitty ass cards with like a 600 dollar limit and 20+% interest.
Live Free or Die
-
01-21-2021, 01:38 PM #12903
Kevin Hart has a really good program where he educates inner city kids about personal finances. He partnered with a fairly major bank to do that. He said it was life-changing for the kids to see a wealthy black guy make it. The bankers who participate in the program rave about it. It seems like a really good thing to do.
Financial education doesn't have to complex or esoteric or whatever.... it can just be about the sheer power of numbers.
-
01-21-2021, 01:45 PM #12904
Same on both counts. It's nuts in retrospect.
I remember there always being booths set up on campus where you could sign up for CC's. If you signed up for several at once you could get stupid free shit like a pair of knock-off Oakleys. It's so clearly predatory that it's hard to believe it was (still is?) legal.
-
01-21-2021, 01:49 PM #12905Registered User
- Join Date
- Dec 2010
- Posts
- 3,896
-
01-21-2021, 05:48 PM #12906Registered User
- Join Date
- Feb 2020
- Location
- Sun Valley
- Posts
- 73
Finacial education is really needed before kids start picking colleges. A little cost/benefit anaylsis goes a long way to avoid serious mistakes for both student and families.
I'd sit w my pre-teen kid watching Dave Ramsey as his guests cut up their CC after wallowing in debt screaming - "I'm debt free!!!"
-
01-21-2021, 06:25 PM #12907Registered User
- Join Date
- Feb 2020
- Location
- Sun Valley
- Posts
- 73
This is what she has. I'm not a fan of International Stocks or Bonds. What would you do differently?
Vanguard 2060 Fund Exp ratio .15
Vanguard Total Stock Market Index Fund Investor Shares 54.10% Vanguard Total International Stock Index Fund Investor Shares 36.50% Vanguard Total Bond Market II Index Fund Investor Shares† 6.80% Vanguard Total International Bond Index Fund Investor Shares 2.60% 100.00%
-
01-21-2021, 09:00 PM #12908
What kind of platform is she investing on? What are the other options in terms of target date or other investment options you can piece together.
Decisions Decisions
-
01-21-2021, 09:56 PM #12909
Have fun! I started with $2k last April and now have a lot more than that into it, it’s an addiction. The scrap guy came by the shop yesterday, $81 apiece to me and my employees. Mine went into the market, of course.
I bought 3 more shares of EPD, now have 78 of them, my midstream was off today just as the majority of the energy sector, coulda bought em for less than I paid. But, I still feel good about the sector and where I’m at in it.
What’d ya buy?
-
01-22-2021, 08:42 AM #12910Registered User
- Join Date
- Dec 2010
- Posts
- 3,896
Am i an idiot? (dont answer that). You can buy crypto through a normal brokerage like RH or Etrade? I thought buying crypto was a totally separate deal with crypto wallets, separate exchanges, etc? Or are you just talking about some random crypto tracking ETF or something?
-
01-22-2021, 10:23 AM #12911
I sold GME 60C expiring today with the assumption I would keep the money as they would expire ootm. AppearsI may be wrong and may be forced to take more profits
-
01-22-2021, 10:31 AM #12912
Lee, what's your take on value guys crying foul with respect to the Fed muddying the market? Sour grapes over an inability to adjust to a market that is permanently changed or another example of prescience for what is around the corner?
-
01-22-2021, 10:32 AM #12913
-
01-22-2021, 10:42 AM #12914
-
01-22-2021, 10:43 AM #12915
-
01-22-2021, 10:54 AM #12916
Halted up 69%. Nice.
Charlie, here comes the deuce. And when you speak of me, speak well.
-
01-22-2021, 10:57 AM #12917
-
01-22-2021, 10:57 AM #12918
Maybe it's a distinction without a difference when it comes to debasing but the Fed has officially adopted “flexible average inflation targeting.” Meaning the Fed will do what it takes to average 2% inflation long term, including tightening should the need arise. Using TIPS spread as an inflation forecast the policy seems to be working:
5 years: 2.20%
10 years: 2.12%
30 years: 2.1%
Long Term Average: 2.03%
-
01-22-2021, 11:14 AM #12919
GME gets halted, so the merry band heads over to $AMC. What a market.
Charlie, here comes the deuce. And when you speak of me, speak well.
-
01-22-2021, 11:14 AM #12920
-
01-22-2021, 11:25 AM #12921
Holding strong with 420 (actually 422, should sell 2) shares of GME! Will take principal out at $100/share, maybe...
Sent from my iPhone using TapatalkLast edited by CovertM; 01-22-2021 at 12:35 PM.
-
01-22-2021, 11:29 AM #12922
GME activity response:
-
01-22-2021, 12:31 PM #12923Registered User
- Join Date
- Apr 2004
- Location
- Southeast New York
- Posts
- 11,766
EV Go (EVGO) and Chargepoint SPACs are coming soon. How do you get in on that early?
-
01-22-2021, 01:00 PM #12924
i love the mockery of the markets with GME, elephant in the room
-
01-22-2021, 01:54 PM #12925
Nutso these days. I can just picture tens of thousands, maybe even more of RobinHood types on their computers like they were playing Vegas slot machines.
"We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch
Similar Threads
-
Who voted for Bush/Cheney in '00 or '04?
By Bud Green in forum General Ski / Snowboard DiscussionReplies: 281Last Post: 04-14-2006, 11:44 PM -
Risotto Recipes - What you got?
By skiaholik in forum The Padded RoomReplies: 41Last Post: 03-29-2006, 05:03 PM -
Did American Ski Company get delisted from the stock market?
By Free Range Lobster in forum General Ski / Snowboard DiscussionReplies: 3Last Post: 09-06-2005, 06:13 AM -
Bear Activists Killed and Eaten by Bears in Katmai
By Lane Meyer in forum TGR Forum ArchivesReplies: 30Last Post: 10-09-2003, 08:43 AM
Bookmarks