Good life choice yes or no? 10 PTS?
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Hello everyone... First, through personal reasoning and this source I can honestly say College is all B.S: http://endoftheamericandream.com/archives/35-shocking-facts-that-prove-that-college-education-has-become-a-giant-money-making-scam I am currently in high school and graduating soon.. after graduating I plan on working minimum wage and then making a career out of investing and stocks; and my dream is to become a successful investor such as warren buffet... ok maybe not that successful but just successful enough to live happily. I plan on working minimum wage full time and keeping a small percentage of my income for rent (with roommate to be cheaper) and food, and other life necessitys; the other for stock buying.. I do not feel like going to college as I feel it is a waist of human life. People who go to college have a potential to be much more successful if they carry the logic, intelligence, patience, and determination to become successful. I also feel like it is a scam, people not being able to acquire jobs after graduation, graduating with debts, big loan to return, etc... I feel like teachers and colleges are brainwashing students and making them BELIEVE college is a must in order to live which pisses me off. I take the smart way and choose not to believe them. Am I making an error for my life and future by going down this path? Thank you. P.S I live in nyc.
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Answer:
Hey. College can be good in terms of the education. It is not all a scam. There are certain things you can only learn by going to college. In terms of minimum wage and working on investing... minimum wage is a bad wage to live by, if your life circumstances have meaning to you. I don't think you could even afford a place to live on minimum wage... Stocks are a good idea to make a lot of money, but do you know anything about them yet? I would suggest becoming more and more accustomed to them... maybe you will eventually decide that it is not for you, or it is harder then expected to make a profit with it. In that case would you want to be stuck at minimum wage for the next five years? That could make life suck for you. It can be done though. You need to know how to invest. I really don't know a lot about it, so I couldn't give you much advice with it. There are some good books about it. In terms of if you are making an error... What are your goals in life? Do you think this path will get you there? One thing is while you are trying to make it at stocks will life not be fun for you because you can't do anything because you are not making enough money... and then what if being successful at stocks doesn't pull through, at least it doesn't for say, 30 years while you master how to invest? This is hypothetical and won't necessarily happen, but I suggest that if you haven't done a lot of research into stock investing and don't know much about it that you take a more surefire way to have a better life while you are trying to make stocks work. If you don't know much about how stocks work then I would suggest learning more about it so you can understand how to invest wisely and make a good profit. Stocks can make you incredibly rich. So yeah, to sum it up in terms of choosing the right path, I don't think anyone could know that except maybe God... it is not necessarily a clear cut, "you should do it, or not do it..." ...but is it in line with where you want to be, and do you have enough information to conclude that this is the right path to get there? -Robert
Robert at Yahoo! Answers Visit the source
Other answers
- I think you are looking for justification to avoid college. You read one website that matches your desires, and ignore thousands of websites, many that are objective, that do not agree with your desire. Then you look for agreement to the silliness on sites like this. Simply look at statistics. College grads as a group make more money, are happier in their careers, more likely to be employed, are more likely to purchase homes, have more successful children, and are healthier. These are facts. Plain and simple. Ignore them if you want and go for the "lottery" win of making money like Buffet. But bear in mind, Buffet graduated college at age nineteen. And Buffet's significant employees are all college grads. Buffet also made his fortune investing OTHER peoples money, not his own. Do you actually think that even Buffet would have become a multi-millionaire investing the balance of income left over after expenses of a minimum wage? And if you think teachers are brainwashing students, wait until you work for a boss that employs people at minimum wage. And a teacher that pisses you off only affects a very small part of your life for the length of one class. See what happens when your minimum wage boss pisses you off. As to your other excuses, you can avoid these by: getting a degree in an employable discipline, working your way through college to avoid debt (many do, you know), and not getting emotionally motivated (pissed off) by opposing ideas. But you already know those things. Personally, I hope you pursue your plan. My kids are attending college (debt free, by the way), and every person that thinks like you is another person that will NEVER compete with my kids for a well-paying job. No, not really. Go to college. After you graduate, you can still pursue your minimum wage job plans if you so desire.
Houston, we have a problem
Where is the love ?
Warlord Moneybags
There are several errors in your thinking. Let's start with Warren Buffet. He DID go to college. No only did he get a Bachelor's degree, he then went on for a Master's degree. Next, your take on what college is about. It's not a trade school. Except for certain professions, like high school or elementary school teaching or nursing, college is not set up to prepare you for any specific career. It is set up to make you an educated, informed, more worldly, grown up! At college you will meet people who think differently from you, have different backgrounds, and don't agree with you. You'll be presented with ideas different from your own, some radically different from your own. You have to learn to deal with all those things. By doing so, you become a grown up. I also live in NYC. I moved here to come to NYU. At NYU I learned far more from my fellow students outside of class then I did IN the classroom, but our conversations were formed by work INSIDE the classroom. As far as jobs go, yes it is currently hard for college grads to find jobs. But that's because they don't want the to work the kinds of jobs that high school grads can get. First of all, there are even fewer jobs for high school grads! Second of all, the jobs that don't require a college degree don't pay enough to live on - certainly not here in NYC. And, while the pay may sound good to someone who is 17 years old, it's not going to seem like much when you are in your 40s! As for investing money, where will you get the money to invest? You won't make enough to pay for your rent, food, electric, etc., let alone ALSO have money left to invest in the stock market. Finally, people LOOSE money in the stock market, too - all the time! If you are rich, and have money to loose, you can make money. But you have to be able to afford to loose some of it. A working stiff can't afford the investment to begin with, and certainly can't afford to loose that investment. In short, bad idea!
LJ
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