Business & Investing
Sponsored by

Stock Markets

24,724,181 Views | 233435 Replies | Last: 2 min ago by aggies4life
Michael Cera Palin
How long do you want to ignore this user?
AG
I was able to find a 1 bed 1 bath for $695 a month my 5th year of undergrad, had community laundry that took $1.75 in quarters for one machine so $3.50 to wash and dry a single load. Anything cheaper than that and you were looking at section 8 housing in Bryan.

The number of wealthy suburban kids who go to this school has drastically changed the cost of living for students. Obviously still better than any of the major Texas cities, but it's nothing like what old ags remember.
FbgTxAg
How long do you want to ignore this user?
AG
PWestAg18 said:

For reference, just a parking pass for a garage is anywhere from $500-$600 depending on which one and how new it is. Getting down right criminal at this point


Law Hall was $350 a semester and tuition was $30 per credit hour when I was there.
The greatest argument ever made against democracy is a 5 minute conversation with the average voter.
59 South
How long do you want to ignore this user?
AG
$30,000 Millionaire said:

529 advice - start now, 300-400 per kid each month
Agree. We do $500 per month for each kid right now (have 2) . We've done $100, $300 or $500 per month dependent on cash flow and budget at the time since they were born. And occasionally a grandparent wants to donate a little to the cause.

My conservative calcs use 5% annual RoR with target of about $150k for each when they are 18. We're a bit ahead at the moment (7 yr old $35.5k & 5 yr old $22.5k), but we may end up using some for private school when we move back to the states. They're currently in private school here (provided by my company), and all I can say is that the learning experience is about a million times better than what we had in US public school.
mazag08
How long do you want to ignore this user?
AG
Get the government out of backing loans and watch how quick colleges adjust their pricing.
Jet Black
How long do you want to ignore this user?
I guess if you are on the fence about having kids, the money is definitely something to consider. Good grief.
FbgTxAg
How long do you want to ignore this user?
AG
It appears the best investment I've ever made was to not have kids. Ten bagger at least!
The greatest argument ever made against democracy is a 5 minute conversation with the average voter.
59 South
How long do you want to ignore this user?
AG
Jet Black said:

I guess if you are on the fence about having kids, the money is definitely something to consider. Good grief.
Why else do you think we're all on here grinding the markets as a side hustle?
ag94whoop
How long do you want to ignore this user?
AG
The worst part about A&M these days is that they are pretty stingy with scholarships. Even when you get one, it doesn't put a dent in total cost. My son was top 4% of a pretty good school with 1400 SAT and got like a whopping $1000 his fish year. It cost $26k that year. He was offered anywhere from $30-60k in Scholarships from other schools but wanted A&M for academic reasons.
Jet Black
How long do you want to ignore this user?
59 South said:

Jet Black said:

I guess if you are on the fence about having kids, the money is definitely something to consider. Good grief.
Why else do you think we're all on here grinding the markets as a side hustle?
agdaddy04
How long do you want to ignore this user?
AG
Do you actively manage it or just leave alone?
59 South
How long do you want to ignore this user?
AG
agdaddy04 said:

Do you actively manage it or just leave alone?


I leave it alone and dollar cost average into the applicable New Hampshire version target fund. I have enough to manage as it is with taxable trading, 2 Roths and multiple 401k's.
Michael Cera Palin
How long do you want to ignore this user?
AG
Unpopular opinion: If your kid doesn't get into A&M right away send them to Blinn. It's infinitely cheaper, they still get to live in BCS, and will walk away with a better core curriculum education than they'd receive freshman and sophomore year at A&M. Calculus I, II, and III haven't changed in hundreds of years and the same textbook and online homework program is used at both schools. "But the professor at A&M is better", in my opinion that's false, the kid is going to be placed in a room of 250 kids with a professor who views teaching as a side chore to their research. At Blinn they're in a classroom of 25 students and the teacher is there to actually teach. Same goes for freshman chemistry and physics. The first two years of higher education have become an absolute scam, it's only in a students junior year that the prestige of a university and its faculty actually begins to shine through. And I'd say this about any school that uses textbooks and online homework programs from large publishers (which is every major school in the country). The only counter point the 4-year universities have anymore is that they have networking an internship opportunities, that's it.

I say this as someone with a BS and MS in engineering currently working on a PhD.
Michael Cera Palin
How long do you want to ignore this user?
AG
Double post
wjbrown88
How long do you want to ignore this user?
100% agree with this
TecRecAg
How long do you want to ignore this user?
AG
This is the route I went. 2 years Blinn, 2 years A&M. Parents paid for Blinn, I paid for A&M. Got out with like $20k in student loans which have been done and paid for. Everyone asks where you graduated from, not where you took freshman biology.
HalifaxAg
How long do you want to ignore this user?
AG
This will probably sound like an old man yelling at the sky, but I look at my neighbors' kids in college and they live in vacation resort like housing, brand new everything, every luxury you can dream of and then complain about the costs.

I have zero problems with letting my kid take out loans, eat non-brand Ramen, and wonder if they can sell bodily fluids to make ends meet after they've spent their paycheck. I want them to be mad when they have to park in BFE and can only afford the nonAC dorm....but I guess that's my privilege speaking



Flame away but I want my kid to know the pressure of having to pay their way and the value of a dollar.
Ragoo
How long do you want to ignore this user?
AG
All of that is true but nothing can replace being a freshman at TAMU. New friends, FLOs, wildcats, football season, etc.

I am a CHEN and would have been much better off in smaller classes with more attention.
0708aggie
How long do you want to ignore this user?
AG
Stupid question. I use Merrill as my brokerage of choice. Does any other brokerage limit call purchases to 100 contracts?
$30,000 Millionaire
How long do you want to ignore this user?
AG
I worry often that we make it too easy and paying their own way once they're on their own will be a difficult transition.

The what you can afford if you work at McDonalds conversation doesn't seem to be sinking in.
You don’t trade for money, you trade for freedom.
tailgatetimer10
How long do you want to ignore this user?
AG
PWestAg18 said:

Unpopular opinion: If your kid doesn't get into A&M right away send them to Blinn. It's infinitely cheaper, they still get to live in BCS, and will walk away with a better core curriculum education than they'd receive freshman and sophomore year at A&M. Calculus I, II, and III haven't changed in hundreds of years and the same textbook and online homework program is used at both schools. "But the professor at A&M is better", in my opinion that's false, the kid is going to be placed in a room of 250 kids with a professor who views teaching as a side chore to their research. At Blinn they're in a classroom of 25 students and the teacher is there to actually teach. Same goes for freshman chemistry and physics. The first two years of higher education have become an absolute scam, it's only in a students junior year that the prestige of a university and its faculty actually begins to shine through. And I'd say this about any school that uses textbooks and online homework programs from large publishers (which is every major school in the country). The only counter point the 4-year universities have anymore is that they have networking an internship opportunities, that's it.

I say this as someone with a BS and MS in engineering currently working on a PhD.


My parents basically forced me to go to Blinn prior to a&m. I was able to get into a&m but they did not care.

A now older me completely understands why. Insane how much money they saved plus I ended up with a solid career regardless.
Bob Knights Paper Hands
How long do you want to ignore this user?
0708aggie said:

Stupid question. I use Merrill as my brokerage of choice. Does any other brokerage limit call purchases to 100 contracts?

Recently, Fidelity has been limiting purchases of certain stocks to 4000 shares or 100 contracts per order. For WWR last week around $4.18 I had to hit "duplicate order" a few times.
Ragoo
How long do you want to ignore this user?
AG
$30,000 Millionaire said:

I worry often that we make it too easy and paying their own way once they're on their own will be a difficult transition.

The what you can afford if you work at McDonalds conversation doesn't seem to be sinking in.
i am kind of feeling like I want my kids to do the work and take the loans. Then once they finish and land that job swoop in and settle their tickets. May cost more than "investing" but tray and Keep them grounded with me as the backstop but not necessarily the check writer.

My dad paid for my school, he paid for my housing, and he gave me a small stipend for food outside of my on campus meal plan. I paid for my books, fuel, insurance, and incidentals.

I am grateful that early on he showed me what internal motivation is. I got a little bit side ways the first couple of years. I got a job to occupy my free time and force structure into my life. It also helped me be more independent.

I don't think I can let my kids coast through those college years. The trials and tribulations are what build character for life.
$30,000 Millionaire
How long do you want to ignore this user?
AG
Tomas Hermensa said:

0708aggie said:

Stupid question. I use Merrill as my brokerage of choice. Does any other brokerage limit call purchases to 100 contracts?

Recently, Fidelity has been limiting purchases of certain stocks to 4000 shares or 100 contracts per order. For WWR last week around $4.18 I had to hit "duplicate order" a few times.


Haven't run into that, yet. I am supremely annoyed I can't day trade expiring options, though.
You don’t trade for money, you trade for freedom.
$30,000 Millionaire
How long do you want to ignore this user?
AG
I'm better off for paying my own way, but it sure did suck at the time.
You don’t trade for money, you trade for freedom.
Bob Knights Paper Hands
How long do you want to ignore this user?
Yes. Reading McFly root on his TSLA flies and watch AAPL pinned close to 120 yesterday really made me upset that I was restricted from entering those trades Friday morning. I'm going to ask again about getting those removed. This time I'll make more of a stink to my advisor.
khaos288
How long do you want to ignore this user?
AG
Ragoo said:

$30,000 Millionaire said:

I worry often that we make it too easy and paying their own way once they're on their own will be a difficult transition.

The what you can afford if you work at McDonalds conversation doesn't seem to be sinking in.
i am kind of feeling like I want my kids to do the work and take the loans. Then once they finish and land that job swoop in and settle their tickets. May cost more than "investing" but tray and Keep them grounded with me as the backstop but not necessarily the check writer.

My dad paid for my school, he paid for my housing, and he gave me a small stipend for food outside of my on campus meal plan. I paid for my books, fuel, insurance, and incidentals.

I am grateful that early on he showed me what internal motivation is. I got a little bit side ways the first couple of years. I got a job to occupy my free time and force structure into my life. It also helped me be more independent.

I don't think I can let me kids coast through those college years. The trials and tribulations are what build character for life.


This is my plan. If they can get scholarships, make grades, and a land a job, I'll help as much as I can in the end.

I learned just as much in life from my years in college as I did from classes. Budgeting, working multiple jobs, time management, and countless other stuff.
$30,000 Millionaire
How long do you want to ignore this user?
AG
Tomas Hermensa said:

Yes. Reading McFly root on his TSLA flies and watch AAPL pinned close to 120 yesterday really made me upset that I was restricted from entering those trades Friday morning. I'm going to ask again about getting those removed. This time I'll make more of a stink to my advisor.


I think they're for everyone, regardless of option level. I *****ed about it and was told it was universal. Maybe they've softened?
You don’t trade for money, you trade for freedom.
Bob Knights Paper Hands
How long do you want to ignore this user?
I plan on being able to pay for 1/2 to 1/3 of my kids' expenses. The rest will be up to them, though I'll make sure they know I'm there to give advice or look anything over if they want.

That will also help so I'm not over invested in 529 in case one or more chooses not to go to college, goes milliary first, or decides they are going to college for a non-career degree like how to whine about everything. I'm not paying for that.
Ragoo
How long do you want to ignore this user?
AG
$30,000 Millionaire said:

Tomas Hermensa said:

0708aggie said:

Stupid question. I use Merrill as my brokerage of choice. Does any other brokerage limit call purchases to 100 contracts?

Recently, Fidelity has been limiting purchases of certain stocks to 4000 shares or 100 contracts per order. For WWR last week around $4.18 I had to hit "duplicate order" a few times.


Haven't run into that, yet. I am supremely annoyed I can't day trade expiring options, though.
I don't get this, Fidelity's recent change here. Basically have to set all of you weeklies on Thursday before the close. Cannot see what the action is like on Friday to enter.
Bob Knights Paper Hands
How long do you want to ignore this user?
I was told it was universal as well. But I'll still complain about it. Maybe if enough advisors give negative feedback from their clients they'll consider changing it for certain option levels.

As it is I could sell 100 GME naked puts but I can't buy a same-day call for AAPL that my cash in account can cover. Seems misguided.
$30,000 Millionaire
How long do you want to ignore this user?
AG
Same here. I love to do a couple lottos on Friday. I just do those in my TD account now.
You don’t trade for money, you trade for freedom.
$30,000 Millionaire
How long do you want to ignore this user?
AG
You can do index options by the way. So end of day SPX butterflies are possible
You don’t trade for money, you trade for freedom.
Rice and Fries
How long do you want to ignore this user?
HalifaxAg said:

This will probably sound like an old man yelling at the sky, but I look at my neighbors' kids in college and they live in vacation resort like housing, brand new everything, every luxury you can dream of and then complain about the costs.

I have zero problems with letting my kid take out loans, eat non-brand Ramen, and wonder if they can sell bodily fluids to make ends meet after they've spent their paycheck. I want them to be mad when they have to park in BFE and can only afford the nonAC dorm....but I guess that's my privilege speaking



Flame away but I want my kid to know the pressure of having to pay their way and the value of a dollar.


I've thought of doing something similar - saving for college but not using the funds. Tell the kid - if you want to go to college, it's on your dime. Let them get the loans and see how serious they take it. Then on graduation day, stroke them a check for all the costs incurred. Just basically mind games where they learn the true value of a dollar and seeing how far it goes.
$30,000 Millionaire
How long do you want to ignore this user?
AG
Our position has been that we will cover 4 years of undergrad in full provided our kids put the work in. If there is a scholarship or money left over, it can be used for grad school.
You don’t trade for money, you trade for freedom.
McInnis 03
How long do you want to ignore this user?
AG
CrazyRichAggie said:




I can confirm traffic in Houston roads Friday rush hour was BONKERS
***If this post is on Business and Investing, take it with a grain of salt. I am wrong way more than I am right (but I am less wrong than I used to be) and if you follow me you will be too.***

B&I Key:
ETH - Extended Trading Hours --- RTH - Regular Trading Hours
ORH - Opening Range (1st 30min) High --- ORL - Opening Range Low
R1, R2, R3 - Resistance 1, 2, or 3 --- S1, S2, S3 - Support 1, 2 or 3
First Page Last Page
Page 3499 of 6670
 
×
subscribe Verify your student status
See Subscription Benefits
Trial only available to users who have never subscribed or participated in a previous trial.