Quote from bone:
I saved enough in HS to buy a car and pay for my first two years of college that wasn't covered by scholarship. I stocked groceries and had a paper route. I don't think that HS students saving is anything terribly unusual. My own two teenaged daughters have saved quite a bit of money.
I politely declined taking him on as a client, BTW. I only take on experienced traders as clients. Not sure why you think that I would do such a thing.
And yet the priority was not getting scholarship to pay for the hard part?
Need school before NUKE school? Yes, but what you choose to learn has as much impact as the choice of school.
Think proving 1 out of 3 people in the US can expect to be able to calculate their adjusted 2001 dollars annual income at age 40 and whether you'll have more than 3 jobs with a high 60% r^2 was learned by anybody but me in their BSc?
Asvab is way more indicative of future success than anything bc it's used to see who goes first to the most advanced fields of the military. Sat and act seemed to lack data from late 60's early 70's seniors but they're way more political. When I remember about knowing scholarship paid a $200k education and deciding between Armageddon warfare was worthwhile to pursue versus finite bond options and pricing theory, what really came through my mind was that I am glad I have the scholarship not whether the next nuclear weapon that went off was ours bc my other option was being part of the combatants in the region where naval vessel submarine warfare could probably only be handled by the best and brightest.
The schools don't understand the nature of liberal arts education was to know everything, not something... And you had 4 years to do it.
So left with 2 years and bootstrap with 2 $75k conditioned checks or actually using the reward of getting no more than 1 incorrect question out of every 30 questions I decided to learn everything then see if being an 18 yo around nuclear physicists manning the core was anymore smarmy than the vindictive crowd I see fighting around here publicly.
It would have at least been patriotic, but in a way both are meritorious in their endowments to the country's preservation but I thought earning wealth was higher perusal of my time than nuking around in submarines was.
He needs education and the cohort in his age group that made it are in fact those likeliest to succeed (Referring to the floor broker hs seniors who have tried this). That's true, bone, but whether my mistakes are simple or my math is wrong expensive doesn't negate that even if I felt nuclear war was imminent I'd show up back at the same recruiting station where I will probably never be able to hit 96th percentile and the only one on that nuke school entrance exam.
Your job is to make money so let him be a client, man. He doesn't have to say much more than Asvab race to me so even if MIT is out I did interview to go there and probably would have done fine however at the time only NROTC was there telling me min 1400 sat so at about below that they simply said no, and my life I doubt would have only been complicated by going to a school like that.
It isn't like newbies want anything different than for you to just be right all the time so for me I joked with myself about being that broker who asks the first question like, "do you want to make $1 million", "yes", "good, you're a client."
Use some more professional terms like undercapitalized than not qualified. It's not like you're in an advisor role but you paint yourself out that way.
Atti, bone, quit betting. That's not allowed anymore.
