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Post by Reagan on Jun 8, 2017 15:45:41 GMT -6
If a guy is 35 years old, wants to retire early at 55, with a average job, how do you get him there to live off the interest of his money invested in a so called balanced portfolio in the stock market. I say it cant be done without taking some high risks. Or as Foggy said, invest gobs of money. But most guys with a average job, have little to no gobs of money to invest.....so some one show me how a balanced portfolio works? I say it cant! If he waited until 35 to start, I'd say you are correct. He can't do it.
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Post by Reagan on Jun 8, 2017 15:48:10 GMT -6
If go to college you better be working for something that most others aren't willing or able to do. Doctor, lawyer, engineer etc.
A Literature degree or many many others aren't worth the money.
Mo What degrees did your son get?
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Post by MoBuckChaser on Jun 8, 2017 16:06:21 GMT -6
Business marketing? Sports management and kinesiology
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Post by Reagan on Jun 8, 2017 16:41:13 GMT -6
Business marketing? Sports management and kinesiology I had to look up kinesiology. Sounds like something to do if you are going to be a chiropractor. I had a college buddy who studied sports management. He owns a pizza joint now. Would have been better off without college. The marketing guy for our company didn't go to college. As with most things, it can be done without a degree. So were you advising him to not go to college? Was he a typical kid who wouldn't listens to his parents? My father in law is an attorney so he is big on college. He starts a fund at the birth of every grand kid. It will cover about 50% of the cost. I am very fortunate to have that help. But I don't want my kids to go and get a bullshit degree. I'm encouraging them to work hard now and pursue something that is worth it. I don't want to discourage them from going. But I also don't want them to waste the money while getting brainwashed by a bunch of liberals. They are still young so who knows what they will want to do.
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Post by MoBuckChaser on Jun 8, 2017 17:02:43 GMT -6
He got a 90% ride from football. It was his choice to try and play after high school.
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Post by Reagan on Jun 8, 2017 17:24:45 GMT -6
I'm glad to hear it didn't put him in long term college debt.
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Post by MoBuckChaser on Jun 8, 2017 17:38:44 GMT -6
I'm glad to hear it didn't put him in long term college debt. I would have stepped in then! He said he will work construction for 25 years and then get a job using his college education. Figures he will be wore out like I was and will want something new.
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