What is the biggest financial mistake you made in your twenties?

[onthereal]

I wish I had found money making opportunities while I was in college as opposed to after.

 

[NoGutsNoGLory]

No it's not, I did that, I just got accepted to CPP, SFSU,SDSU, and UCSB , still waiting to hear back from 3 more schools in the next coupe of weeks..
Stop telling these nikkas lies As long as your grades are right then you got a shot at a lot of schools.

Colleges need to fill class rooms, and transfers help take the spots of the people who flunked out or couldn't afford to stay.

Its not a lie you might be able to transfer schools but you won't get a lot of the credits for some classes so you have to take them all over again. I have no reason to lie to anyone.

 

[Dirty D]

What do you look to invest in? What do you do for a living?

Nothing specific. Just what I think will make money. You win some, you lose some. I've still got a bit of money in mutual funds from my 20's. Finding a sustainably profitable business you can buy a piece of to lock in passive cash flow is the best IMO. I've got one of those in my portfolio and another that could become that if it works for a couple more years.

The timing has to be right too. If the Netflix conversation happened a couple of years later I probably would have done it but I was putting my money into buying a place by then. That's made me some money but Netflix would have made me 10 times more.

For a living, I'm a trader for an asset manager. I had to get my CFA to land the job. It's a good living and I don't work past 5.

 

[Raiders]

Its not a lie you might be able to transfer schools but you won't get a lot of the credits for some classes so you have to take them all over again. I have no reason to lie to anyone.

You are just uninformed I got 70 units transferring over and I think I only need 120 for a BA, you have to make sure you are taking transferable classes, nothing remedial will transfer over usually and not at least a 100 class like math 101 will transfer but something like math 70 wont.

Point is, it's not near impossible, as you said. For example, A school like UCLA, the most applied to school in the US, admitted 5,188 transfer students fall 2015, space is always opening up at these schools, plenty of people are transferring yearly you shouldn't discourage your coli bros on things like this.

 

[NoGutsNoGLory]

You are just uninformed I got 70 units transferring over and I think I only need 120 for a BA, you have to make sure you are taking transferable classes, nothing remedial will transfer over usually and not at least a 100 class like math 101 will transfer but something like math 70 wont.

Point is, it's not near impossible, as you said. For example, A school like UCLA, the most applied to school in the US, admitted 5,188 transfer students fall 2015, space is always opening up at these schools, plenty of people are transferring yearly you shouldn't discourage your coli bros on things like this.

You gave your experience and I gave mine........breh.

 

[hashmander]

yeah but Raiders' experience is more accurate. I don't where you're getting that from. shyt in Florida if you graduate from a Florida community college you are guaranteed admission to a Florida university of your choice.

 

[Reginald Noble]

Not sure I would change much, in retrospect my failures made me the vigilant, proactive and exceptional negro I am today.

Better to make all your mistakes early in life then to slip up later on when the stakes are higher and you don't have as much time or energy to bounce back.

 

[EffedUp]

Not taking college seriously. (Say what you want about college but if you do go, it's up to you to make the most of it.)

From grade school through high school, I was one of the best academically. Hell, I finished top of my class in high school. Growing up, I took after my sister academics wise and got my sense of humor from my brother. My sister went to Xavier (OH) and has since got multiple degrees (bachelor's, Masters, etc.). She is a principal now but taught for many years. Just like her, I wanted to go to Xavier to be challenged. I even turned down full-ride opportunities from Univ. of Cincinnati and Ohio State. I'm appreciative of the experience at X but I definitely could've saved money as despite my academic accolades, I only got one real scholarship that didn't cover as much (still grateful for the help though).

I get to Xavier and got real lazy. I wasn't used to not having the same classes everyday and used it as an excuse. I also chose a major I wasn't ready for (Computer Science). With that going on, I start falling behind and resorted to cheating to stay afloat. I got caught by the end of freshman year and almost got kicked out of school. I was able to get a 2nd chance and ultimately graduate but missed out on a lot of opportunities. I bounced between majors and wasn't committed to working while at school. An advisor also suggested that I stay a little longer in school but I was mentally checking out by year 4. Some days I do wish I took my time instead of cramming my schedule the last year just to graduate "on time".

9 years later, I'm surviving and can support myself but not making any real money. Student loans are of course eating the paychecks. Hell, I still struggle to figure out what the hell I wanna do in life. Not all of us coli nikkas are blessed to have multiple certs, cars and women.

 

[Sonic Boom of the South]

not pulling more credit card scams while in college
charging too low for them pills i was flipping

 

[mson]

Nothing specific. Just what I think will make money. You win some, you lose some. I've still got a bit of money in mutual funds from my 20's. Finding a sustainably profitable business you can buy a piece of to lock in passive cash flow is the best IMO. I've got one of those in my portfolio and another that could become that if it works for a couple more years.

The timing has to be right too. If the Netflix conversation happened a couple of years later I probably would have done it but I was putting my money into buying a place by then. That's made me some money but Netflix would have made me 10 times more.

For a living, I'm a trader for an asset manager. I had to get my CFA to land the job. It's a good living and I don't work past 5.

Nice. Most of my shyt is in mutuals. You post in the boiler room thread?

 

[Dirty D]

Nice. Most of my shyt is in mutuals. You post in the boiler room thread?

I don't post in it but I watch it and read it. I can't post my current opinions on publicly traded securities cuz of my job.

 

[Stacker Pentecost]

Going to college

 

[BaldingSoHard]

I had to get my CFA to land the job.

 

[Dirty D]

After I got it....

My previous boss, who is white, was trying to convince me to stay in his department and take a promotion. He told me to give up on trying to transfer departments cuz the hiring manager "only hires white guys".

I got the job and my old boss got fired.

 

[mson]

I don't post in it but I watch it and read it. I can't post my current opinions on publicly traded securities cuz of my job.

How are your mutuals? Most of my shyt with pimco.