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Old 06-27-2016, 11:23 AM  
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Investing megathread extravaganza
A place to talk about investing stuff.
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Old 07-31-2021, 02:34 PM   #10891
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Quick question for you guys as we have 5 children. How many of you paid or helped pay for your kids college?
We did pay for both my daughters undergrad expenses and her graduate medical school as well. While we were fortunate enough to be able to pay for these expenses ourselves and not have to ask her to contribute, the equation would have likely changed if we had five kids were putting through school versus one.

That being said, we did set limits. We told my daughter we would pay for her undergrad to anywhere she wanted to go. However, if she chose a public university where costs were lower, we would also pay for grad/med school. In hindsight, giving her some skin in the game to choose wisely and do well while in school probably was our best decision.
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Old 07-31-2021, 03:29 PM   #10892
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Quick question for you guys as we have 5 children. How many of you paid or helped pay for your kids college?
My grandmother paid for my undergrad. My parents paid for my graduate degree, so I wouldn't have to take a loan, but we agreed I would pay them the entire amount back. This still saved me money since it was an interest free loan but also made me want to find a good paying job right away to start paying them back.

After I paid my parent's back $30k, they nicely told me the rest of my loan (another $30k) was forgiven.
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Old 07-31-2021, 03:33 PM   #10893
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I'm still stuck on work your ass off protocol in the flow chart.

I have a cousin that has a cabin outside Colorado Springs. I can't imagine it's worth 300K.

I'm skipping the RV phase. It's just not happening. I even have a diesel pickup. There's just a culture there I'm not into.
I don't even like camping much... never did it in KC because it was either just camping or camping plus lake things, which wasn't my thing.

While I appreciate the whole 'off the grid' thing, I do it here for the ATV rides... and even then, after a couple days of 6+ hour rides, I'm good.
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Old 07-31-2021, 03:33 PM   #10894
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My parents had 4 kids. We lived poorly and didn't have much as compared to all my friends who's dad's worked at TWA.

But when college age came, they paid for every single one of us to go to college. It was all about that. Brother to Rolla. Sister to CMSU, me and other brother to NWMSU.
Spending money was on us though.
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Old 07-31-2021, 04:54 PM   #10895
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We have a tier system with our kids. They pay 75% their freshman year, 50% sophomore, 25% junior and we cover their senior year. Any additional years are on them.

We felt like it was important for them to have skin in the game especially early on. They both have partial scholarships and this setup keeps them motivated to maintain those.
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Old 07-31-2021, 05:37 PM   #10896
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Thanks guys... Wife and I are lucky to have good jobs and we keep telling our kids we will pay for their undergrad as long as they stay out of trouble and pass all their classes.
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Old 07-31-2021, 06:14 PM   #10897
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I put in my stone yard when my daughter was two just to fund her college education. It's worked out perfectly. She got the first two years of her college paid by the state of Texas by qualifying for quest , basically having good grades and attendance in high school.

She heads for a dorm in August at West Texas A&M for the 2nd semester of her now Junior year. The rock yard is a casual business I only have to go onsite by call. It's actually funding her college and my fishing .

The one thing I know I'm doing wrong is not pushing her to help out by getting a job but my agreement with her was that if she made good grades and applied herself I would take care of it. She's definitely lived up to her end of the bargain so I really can't complain.

She's 21 and had to have a mass removed from her breast yesterday. When they gave her the anesthesia to put her under her throat closed off and she quit breathing . It was a rough day. She didn't deserve all that.
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Old 07-31-2021, 06:20 PM   #10898
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Yikes man. In my thoughts.
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Old 07-31-2021, 06:27 PM   #10899
Peter Gibbons Peter Gibbons is offline
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Originally Posted by Hog's Gone Fishin View Post
I put in my stone yard when my daughter was two just to fund her college education. It's worked out perfectly. She got the first two years of her college paid by the state of Texas by qualifying for quest , basically having good grades and attendance in high school.

She heads for a dorm in August at West Texas A&M for the 2nd semester of her now Junior year. The rock yard is a casual business I only have to go onsite by call. It's actually funding her college and my fishing .

The one thing I know I'm doing wrong is not pushing her to help out by getting a job but my agreement with her was that if she made good grades and applied herself I would take care of it. She's definitely lived up to her end of the bargain so I really can't complain.

She's 21 and had to have a mass removed from her breast yesterday. When they gave her the anesthesia to put her under her throat closed off and she quit breathing . It was a rough day. She didn't deserve all that.
I sure hope things are better now. Prayers sent.
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Old 07-31-2021, 06:56 PM   #10900
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Originally Posted by Hog's Gone Fishin View Post
I put in my stone yard when my daughter was two just to fund her college education. It's worked out perfectly. She got the first two years of her college paid by the state of Texas by qualifying for quest , basically having good grades and attendance in high school.

She heads for a dorm in August at West Texas A&M for the 2nd semester of her now Junior year. The rock yard is a casual business I only have to go onsite by call. It's actually funding her college and my fishing .

The one thing I know I'm doing wrong is not pushing her to help out by getting a job but my agreement with her was that if she made good grades and applied herself I would take care of it. She's definitely lived up to her end of the bargain so I really can't complain.

She's 21 and had to have a mass removed from her breast yesterday. When they gave her the anesthesia to put her under her throat closed off and she quit breathing . It was a rough day. She didn't deserve all that.
Goddamn dude. Sorry to hear that my man. Prayers for you and your daughter.
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Old 07-31-2021, 06:56 PM   #10901
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Originally Posted by Hog's Gone Fishin View Post
I put in my stone yard when my daughter was two just to fund her college education. It's worked out perfectly. She got the first two years of her college paid by the state of Texas by qualifying for quest , basically having good grades and attendance in high school.

She heads for a dorm in August at West Texas A&M for the 2nd semester of her now Junior year. The rock yard is a casual business I only have to go onsite by call. It's actually funding her college and my fishing .

The one thing I know I'm doing wrong is not pushing her to help out by getting a job but my agreement with her was that if she made good grades and applied herself I would take care of it. She's definitely lived up to her end of the bargain so I really can't complain.

She's 21 and had to have a mass removed from her breast yesterday. When they gave her the anesthesia to put her under her throat closed off and she quit breathing . It was a rough day. She didn't deserve all that.
So they got her all fixed up though, right?
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Old 07-31-2021, 08:00 PM   #10902
Hog's Gone Fishin Hog's Gone Fishin is online now
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So they got her all fixed up though, right?
Yeah, she's all good. Thanks everybody . The cyst they took out is expected to be benign. It's just not good when they tell you she actually quit breathing.
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Old 08-01-2021, 05:02 AM   #10903
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Yeah, she's all good. Thanks everybody . The cyst they took out is expected to be benign. It's just not good when they tell you she actually quit breathing.
Glad to hear, that is really scary!
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Old 08-01-2021, 05:26 PM   #10904
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Keep ****ing doubting Tesla. Everyone is worried about them making money in the short term. It's about the end game. Amazon didn't make money for years. Build the infrastructure, position yourself for success, profit later.
Do you think crypto will be long term investment one day? Nowadays it's just a crazy roller coaster! I don't know if its just a fad or if it’s here to stay.
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Old 08-01-2021, 11:44 PM   #10905
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Do you think crypto will be long term investment one day? Nowadays it's just a crazy roller coaster! I don't know if its just a fad or if it’s here to stay.
Bitcoin started in 2009.
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