ANSWERS: 2
  • 2-16-2017 You are not good enough for college. You have to make it on your own, no help from teachers. And you have to be pretty good at your subject to do the work at all. Colleges have a lousy reputation for everything you think they are supposed to do. Get a simple job and a cheap pad within walking distance. That is so you don't have to waste your money on transportation. Save half of everything you earn. Yes, half. To start, keep your savings in gold or silver coins which you do not store in anybody else's vault. (IOW hide them at home.) Spend your evenings studying investment books at the public library. When you are smart enough then you can make other investments. If you earn ten bux an hour and save half, in only ten years you will have A HUNDRED THOUSAND BUX not counting interest or capital gains or paper profits: only principle. There is no other plan that will give you a net worth above zero in only ten years. And there is no school that will teach you any such thing. Does this plan work? Andrew Carnegie worked five years, saved his wages, and then put it all into a tech stock: telegraph. You might have heard the name. His hobby was building concert halls and libraries.
    • kenken
      Well, he did ask for other resources, et. al.! I'm hesitant to jump on your boat JV, but doubt you'll mind a few refinements. (1) Do get investment books from all different times & compare their advice with actual events. You will notice the ways in which they err & be thus warned with present books & advice. E.g., note the existence of one or more truisms which are not to be Qed. At the end of an "era" the disproof of truisms will shift vast $. (2) Read Gerald M. Loeb. His books were for the ages & his advice is Gold. Typically, while reading, you'll think "oh, sure," but after paying the price in the stock market, you'll cry "So true, SO TRUE!" Try to instill his wisdom up front. (3) Learn how to use leverage: as a start, options[But stay away from futures.]. (4)Don't keep all your $ in gold & silver-even though Gold=Money. Just as an example, a government could outlaw gold. So some sort of diversification is necessary. Well, Jewels Vern, I'm stopping. We could both say much more-do you approve of my comments? But if Jess is able to master this field, perhaps he's "good enough" for college!
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    • kenken
      Jess, Barry is giving you very good advice here: make no mistake about it, you have a lot to do[ 20 ACT is the 50th percentile.]. I would suggest you get the latest Princeton Guide: I've found it to provide the most results for work done up to a certain level, that level depending upon student abilities. And do take practice tests under conditions as close to actual tests as possible. Space them so true improvements are expected: if too close together you're spinning your wheels, but you want enough, such that you're totally familiar with the test & test procedures.
    • MiltonMolina
      It is recommended that one should begin to study for SAT in the summer before the junior year. So if one can take it in spring you can get plenty of time to prepare and score well. Also one can retake SAT in fall if you want to achieve high score. Taking PSAT will help you in a great way to get familiar with SAT test. Pre SAT will give an insight of real SAT exam and will give you an indication of how well or worse you can perform with your current skills. Once you know your PSAT score, you can try to improve your score by concentrating on your weak points. There are many students who prepare for SAT during their school year also. This is difficult as junior year is busy and stressful. To know more you can visit the Google page, https://plus.google.com/103428058113172889337/about, for tutoring advice.

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