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      02-24-2010, 02:48 AM   #1
jayely1
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How much money????

Did you guys have at 21?? Just out of curiosity, I think I'm ahead of the game a little bit but maybe not? Let me know thanks
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      02-24-2010, 02:51 AM   #2
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      02-24-2010, 02:55 AM   #3
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I had a nice little fund that Started at a couple thousand when I was a baby from my grandparents. I threw birthday money into it here and there for a while. Came out to about 25K when I was 20. Shat down to about 2.5k after the market took a shit. Now I'm almost back up at 10k from a nice investment when the market was still crap. I spent all the money I made when I worked for almost a year out of school.

So I guess that leaves me with 10k in stocks and not a penny to my name?
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      02-24-2010, 03:16 AM   #4
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      02-24-2010, 03:20 AM   #5
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      02-24-2010, 04:04 AM   #6
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$4.57
Good to know coming from a guy with an M3
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      02-24-2010, 04:05 AM   #7
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Originally Posted by JayKay335i View Post
I had a nice little fund that Started at a couple thousand when I was a baby from my grandparents. I threw birthday money into it here and there for a while. Came out to about 25K when I was 20. Shat down to about 2.5k after the market took a shit. Now I'm almost back up at 10k from a nice investment when the market was still crap. I spent all the money I made when I worked for almost a year out of school.

So I guess that leaves me with 10k in stocks and not a penny to my name?
25k would be nice!! 10k is more then what I have in stock, and I have maybe $200 besides that so your doing better then me lol. Thanks for the info
I sometimes think, man if I sold my car for $32,000 and bought a $5,000 car Id have $25,000++ but I think Id rather have the BMW
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      02-24-2010, 04:13 AM   #8
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No worries. Its all in E-trade so its not like I actually have the money. I dont know how to do taxes either, so I dont have a clue how to take it out either lol. Oh well, it'll be a downpayment for something after school in a few years. Glad I bought me a whole bunch of GE @ $6

But in reality, I'm broke. School costs roughly $1k a week in classes alone.
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      02-24-2010, 04:15 AM   #9
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Same here man! I'm lucky enough that my parents are paying for college though. Its a community college so its not much. I think Im going to save mine up for a down payment on a home, hbu??
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      02-24-2010, 05:13 AM   #10
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Not the slightest clue. I knew I wanted to go to grad school so I did the community college for Sr. year of high school and freshmen year of college and a state school (albeit not my state) for the next 2 years to get out early and save money. Now its 4 years of grad school at a moderately ass-raping price. Fortunately my parents are footing the bill for the moment, although I told them I have absolutely no problem taking out loans at this point. They claim I can buy them their retirement home so ehh, what the hell.

I'll still be broke as today the day I get out of here so as long as GE doesn't go bankrupt (sure as shit hope not), I'll probably need it to get into a shit apt and buy my ramen noodles for a year or two while I look for a practice to take loans out for and partner in.
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      02-24-2010, 07:24 AM   #11
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Quote:
Originally Posted by jayely1 View Post
I sometimes think, man if I sold my car for $32,000 and bought a $5,000 car Id have $25,000++ but I think Id rather have the BMW
You paid cash for your car?
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      02-24-2010, 07:28 AM   #12
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I also had about -$20,000 when I graduated from college (at 21). Credit card and student loans FTL.
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      02-24-2010, 02:15 PM   #13
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Quote:
Originally Posted by KingOfJericho View Post
You paid cash for your car?
Not quite, I had around $26,000 for it I have a little less then a year on my loan. I got it for only $33,000 a year ago

Last edited by jayely1; 02-24-2010 at 02:21 PM..
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      02-24-2010, 02:16 PM   #14
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Not the slightest clue. I knew I wanted to go to grad school so I did the community college for Sr. year of high school and freshmen year of college and a state school (albeit not my state) for the next 2 years to get out early and save money. Now its 4 years of grad school at a moderately ass-raping price. Fortunately my parents are footing the bill for the moment, although I told them I have absolutely no problem taking out loans at this point. They claim I can buy them their retirement home so ehh, what the hell.

I'll still be broke as today the day I get out of here so as long as GE doesn't go bankrupt (sure as shit hope not), I'll probably need it to get into a shit apt and buy my ramen noodles for a year or two while I look for a practice to take loans out for and partner in.
Sounds like you will be in good shape after college, what are you going for?
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      02-24-2010, 02:36 PM   #15
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I had none... parents paid for my college. I was very fortunate as I saw friends working through college. Never worked until maybe half a year after graduating.

Last time I bought GE I think it was at 17... sold at 17... didn't know it went that low.
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      02-24-2010, 02:49 PM   #16
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After college I had about $5K saved for a down payment on a BMW, My future wife found out how much I had and decided that was about the right amount for an engagement ring. I was soon back down to $0 for the car

That ok she was worth it and now I have my 335i I paid cash for.
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      02-24-2010, 06:30 PM   #17
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Originally Posted by jayely1 View Post
Sounds like you will be in good shape after college, what are you going for?
Got my B.S. in Biology from UMass and now I'm attending the Arizona College of Optometry getting my doctorate in optometry.

I'll still be a broke bum when I graduate from here.
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      02-24-2010, 06:56 PM   #18
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      02-24-2010, 06:56 PM   #19
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Several large in the bank but wasn't actively saving while I was in college. However, I came out of college with $0 credit card debt so in some ways I was miles ahead of my peers.
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      02-24-2010, 07:16 PM   #20
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lets see... what are our cars worth now? Maybe I will have more in two years when I graduate college...
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      02-24-2010, 07:17 PM   #21
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You're definitely ahead of your peers if you walk out of college without debt. I know plenty of people who were in my major that were already close to $60k in debt when they walked out (state university). Then there are the other kids who are $200k in debt from private colleges that take out more loans to get through grad school and wind up in even more of a hole. Shit like thats hard to get out of. Takes years.

The dental school at the university I'm at is 92k a year. Those kids are going to be eating dog food for years after they graduate.
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      02-24-2010, 07:39 PM   #22
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Quote:
Originally Posted by JayKay335i View Post
You're definitely ahead of your peers if you walk out of college without debt. I know plenty of people who were in my major that were already close to $60k in debt when they walked out (state university). Then there are the other kids who are $200k in debt from private colleges that take out more loans to get through grad school and wind up in even more of a hole. Shit like thats hard to get out of. Takes years.

The dental school at the university I'm at is 92k a year. Those kids are going to be eating dog food for years after they graduate.


but hey, get that money!

since you're in optometry school, how bad is it if i am a -5.0 in each eye (wear contacts 80% of the time) but my glasses are -4.5?
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