beerboy17 Posted May 8, 2024 Report Posted May 8, 2024 5 minutes ago, Konebhar6 said: Emundi savings ee ... That's why I was big on 401k, Traditional IRA and Roth. I will use those funds for after retirement. ee College fees ki savings egiripothay if you dont mind how much you are targetting for the savings per kid ? Reason am asking so that it helps broader community... Quote
lollilolli2020 Posted May 8, 2024 Report Posted May 8, 2024 7 minutes ago, Konebhar6 said: Emundi savings ee ... That's why I was big on 401k, Traditional IRA and Roth. I will use those funds for after retirement. ee College fees ki savings egiripothay https://youtu.be/F3Q-1W4QEVI?si=RUF5luL2p55_7JEe how about this, ippudu vunna high salaries ki young couple can save 100K easily in 5yrs per say and invest; do you think by the time they are of college age would be able to reap the investments towards payment of college fee. inko doubt endii ante pre-med course chesaka mana tejams tooch I will go for someother stuff ante ela handle chestav Quote
Konebhar6 Posted May 8, 2024 Report Posted May 8, 2024 8 minutes ago, beerboy17 said: if you dont mind how much you are targetting for the savings per kid ? Reason am asking so that it helps broader community... 200k per kid. Quote
lollilolli2020 Posted May 8, 2024 Report Posted May 8, 2024 Just now, Konebhar6 said: 200k per kid. target savings aa lekpotey; initial investment of 200K by the time kid is of college age entha aithe antha naa ?? also tips kuda ivvu Quote
Konebhar6 Posted May 8, 2024 Report Posted May 8, 2024 4 minutes ago, lollilolli2020 said: https://youtu.be/F3Q-1W4QEVI?si=RUF5luL2p55_7JEe how about this, ippudu vunna high salaries ki young couple can save 100K easily in 5yrs per say and invest; do you think by the time they are of college age would be able to reap the investments towards payment of college fee. inko doubt endii ante pre-med course chesaka mana tejams tooch I will go for someother stuff ante ela handle chestav I never indulge in kids decisions. I let them take decisions for themselves and support whatever decision they take. Before that, I would advise, tell pros and cons, that’s it. A friends kid joined Berkeley for medicine, changed path to data science and is working at oracle for 200k+ package. Quote
lollilolli2020 Posted May 8, 2024 Report Posted May 8, 2024 Just now, Konebhar6 said: I never indulge in kids decisions. I let them take decisions for themselves and support whatever decision they take. Before that, I would advise, tell pros and cons, that’s it. A friends kid joined Berkeley for medicine, changed path to data science and is working at oracle for 200k+ package. this is what my dad did; I wouldn't do otherwise but nenu anedi handling annai; Quote
Konebhar6 Posted May 8, 2024 Report Posted May 8, 2024 3 minutes ago, lollilolli2020 said: target savings aa lekpotey; initial investment of 200K by the time kid is of college age entha aithe antha naa ?? also tips kuda ivvu Target 150k-200k by the time they start college. A lot of kids are getting smarter and joining community college and transfer to Universities after 1-2 yrs to save money I would support whatever kids decide. Stock investments are a good way to make money. But need to stick to the investment principles. Everyone says invest in Index funds, but how many of us really do that. Not many. One trick is to find companies that have a good trajectory and whose sales have been rising QoQ and YoY. Lots of tools available online to find such companies. Stay invested in those. Quote
Konebhar6 Posted May 8, 2024 Report Posted May 8, 2024 3 minutes ago, lollilolli2020 said: this is what my dad did; I wouldn't do otherwise but nenu anedi handling annai; We both are lucky in that aspect. My dad also did the same - Let me take all decisions at a young age. Handling emundi .. mana chetullo emi ledu ... financially support cheyadam tappa .. 1 Quote
beerboy17 Posted May 8, 2024 Report Posted May 8, 2024 @Konebhar6 since we are on this.. thought of asking lot of our tejams telling same medical route but is there any success criteria ? i know needs lot of dedication but do they have any alternative if they cannot complete the 8 years course ? are they back to square 1 or do they have any alternatives..? Quote
Konebhar6 Posted May 8, 2024 Report Posted May 8, 2024 2 minutes ago, beerboy17 said: @Konebhar6 since we are on this.. thought of asking lot of our tejams telling same medical route but is there any success criteria ? i know needs lot of dedication but do they have any alternative if they cannot complete the 8 years course ? are they back to square 1 or do they have any alternatives..? I do not know. All the people who i know have success stories. All have completed medical. They do understand how much effort and dedication is needed for this. I haven't thought of alternatives. Inka time undi kada ani antha focus cheyaledu. Kids decisions kudaa change avthai as they grow. Let's see. Quote
lollilolli2020 Posted May 8, 2024 Report Posted May 8, 2024 8 minutes ago, beerboy17 said: @Konebhar6 since we are on this.. thought of asking lot of our tejams telling same medical route but is there any success criteria ? i know needs lot of dedication but do they have any alternative if they cannot complete the 8 years course ? are they back to square 1 or do they have any alternatives..? pre-med+medschool+residency+fellowship; pre-med toh I think med school rakunnna you can do alternative careers like Nursing, physiotherapy, pharma, dentistry, pharmacy assistant dental assistant (this is looked down upon but paves way to be a dentist if you are persistent in your efforts). medschool -- okavela ikkada rakunte mana tejams can go to Caribbean to get degree since our tejams don't have visa restrictions, later they can prepare for USMLE and clear for residency; getting residency is tough, matching process vuntundii , they say references help provided you have good USMLE scores, one of my frnd's frnd struggled to get into residency despite her dad being a doctor here may be he was not into academia or he was in private practice not sure how her experience was but konchem struggle ayinattu anipinchindii for her she did her med school in caribbean, mari manollu inter avvagane st.kitts ki occhi medicine chesaru I have bunch of frnds but most of the couldn't make it becoming doctor for obvious reasons of not having visa status lack of sponsorships (in case of one frnd) one frnd got her residency but took lot of time; others USMLE lo fail ayyi, scores raka, some lost focus. on contrary frnds from med school in India did very well by the time they are 31/32 they completed their fellowship too. alternatives antava; manaki visa issues valla GC process lo struck ayyi; mana parents fed us either engg or medicine lanti route but there are lots of alternative careers where you can make money. also eedi workout avvakunta; IT sector vundii gaa 1 Quote
perugu_vada Posted May 8, 2024 Report Posted May 8, 2024 Endhi e Lolli .. ma nishaani sangathi enti .. ma porollu em avali ani asking @Sucker uncle Quote
Vaaaampire Posted May 8, 2024 Report Posted May 8, 2024 12 hours ago, Spartan said: try cheyaledu anna bit what i got with these fast paced sessions is Muscle memory perfutundi but cognitive think pergatle kids ki imagine manam kids ga unnapudu we used to solve math problems with exercise for every chapter and school lo variety of questions undevi... adi missing iklada kids ki, both in school and kumon. i started teaching my kid those things with word problems and let her create the problems so that they knownit both Her? I thought u have 2 sons 🤨 Quote
Spartan Posted May 8, 2024 Report Posted May 8, 2024 Just now, Vaaaampire said: Her? I thought u have 2 sons 🤨 both daughters @Vaaaampire 1 Quote
Vaaaampire Posted May 8, 2024 Report Posted May 8, 2024 1 minute ago, Spartan said: both daughters @Vaaaampire Eppudo 2 boys ani cheppinav uncle. Mind lo register ayindi. Override chesina ippudey 1 Quote
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