Let's come in here, pat ourselves on the back, and talk about how we worked and saved our little minimum wage checks for rainy days and never ever did something as silly as spending most of our checks in one purchase.
Come in here and discuss your financial acumen from ages 16-21.
- Thread starter concise
- Start date
Steve Piffler
I got them CERTS
what financial acumen?i was broke and dependent on my parents from 16 to 20 and making 50k a year at 21 and spending money like it grew on trees. if i could go back tho...
Acumen my ass. I was eating off my dad's $50 every 2 weeks he would give me. I made that shyt work at school though. $5 keg parties 
sanityovar8ted
OG Moma Coli....dat bytch Thowd!!!
i was dumb cuz i would give half my paychecks to my husband to hustle with. i remember i was working for ncnb bank in human resources. i had some nice lil o checks to , i thought i was the shyt cuz i was 19 and making $13/hr. that nicca ate good off of me for many years, i hate that b*stard but i hate the way i was raised even more.
and 47 others
Pro
You been at 320 for 3 weeksi have $320 to my name at 18
no debt
started from the bottom. still dont have a job. still getting money
i know
my benefits got cut because i quit the shytty job for no pay they gave me.
im stuck on this number.
Demon
Evil b*stard
I had a part time job at a sausage factory (no homo) at 16 and a jamaican who knew he had a loyal customer and used to sell me an ounce of mids for 60 bucks each and every friday (this was the mid 90's) 
. I money to get cheesesteaks during the week, and shoulder tap oldheads at the liquor store to get me some cheap Taaka vodka. and 
at the same time.
Some of my people didnt exactly have the drive i had, but they was good people, and im the type of nikka to look out for my homies so we all smoked, ate and drank good off my little 150-175 a week, and a couple others had part time jobs too or was hustling, and i didnt always have the burden...they called us the red eye crew in school
that jamaican nikka.....when i got older and had done business with him for 10 plus years since i was 14...he showed me one of those big black trash bags once.....and it was full of weed. I never seen no shyt like that before or since, and hes in the feds for a long long time now
. I money to get cheesesteaks during the week, and shoulder tap oldheads at the liquor store to get me some cheap Taaka vodka. and at the same time. Some of my people didnt exactly have the drive i had, but they was good people, and im the type of nikka to look out for my homies so we all smoked, ate and drank good off my little 150-175 a week, and a couple others had part time jobs too or was hustling, and i didnt always have the burden...they called us the red eye crew in school
that jamaican nikka.....when i got older and had done business with him for 10 plus years since i was 14...he showed me one of those big black trash bags once.....and it was full of weed. I never seen no shyt like that before or since, and hes in the feds for a long long time now
Diondon
Thanks to the lawyers uh, I marbled the foyer
All I was buying was gear and partying.
cleanface coney
Superstar
i been gettin money since 04
Purchased stock in the Schwab 1000 Index Fund at age 18 with saved-up birthday/Christmas/allowance money.
.... Then the stock market collapsed.
Still eating off those dividends though.
What should I invest in breh?
Balanced mutual funds. The key is to get in the market early, and don't worry about how much it goes up or down -- just stay in, and keep adding whenever you can. Over the long term, you'll always come out ahead of inflation/compounded bank interest. If you can afford it, I'd get some of the FPA Crescent Fund (FPACX) -- $1500 to get in. Its called a "poor man's hedge fund" because it balances out aggressive stocks with more conservative ones, as well as bonds and cash, all apportioned on a market-sensitive formula to minimize risk and maximize gain over the long-term.
If FPA Crescent is too rich for your blood, I'd say the Schwab 1000 Fund -- $100 to get in. Also a balanced stock portfolio, it basically just takes a piece of the top 1000 publicly traded companies. Again, trends up over the long term at a pretty good rate, but doesn't have quite the loss protection of a FPA Crescent, since there's no bonds/cash component of the portfolio, and there's nobody really crunching numbers and making big decisions with it.
