Strongly agree with a lot of this; especially regarding the part about only investing what you are willing to lose, I think this is a great approach to things like cyrptocurrency, penny stocks and gambling because those are all (very) high-risk high-reward. However, blue chip stocks, exchange traded funds and mutual funds offer safe high(er) return alternatives/supplements to a high-yield savings account. A lot of online brokerages also offer commission free etfs and mutual funds which are great if you are setting aside a small portion of your paycheck to invest, but don’t want to get hit with an $8 trading fee every time you buy a $50 share in an etf or mutual fund.
Plenty of kids in the NY Metro Area even after they move out of home (and into NYC) list their primary address as Mom and Dads. With a NYC address your taxes are higher than if you still lived back at home in NY, NJ or CT. It would be silly not to do this considering how the rent is already in Manhattan.
I’m an Irish Catholic boy from the north shore of LI, but I think any Long Island or Westchester Jewish kid will agree that SUNY Binghamton was missing from that list.
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Someone has clearly never visited NYC…as long as your whole room isn’t bed, consider it an adult bedroom.
Strongly agree with a lot of this; especially regarding the part about only investing what you are willing to lose, I think this is a great approach to things like cyrptocurrency, penny stocks and gambling because those are all (very) high-risk high-reward. However, blue chip stocks, exchange traded funds and mutual funds offer safe high(er) return alternatives/supplements to a high-yield savings account. A lot of online brokerages also offer commission free etfs and mutual funds which are great if you are setting aside a small portion of your paycheck to invest, but don’t want to get hit with an $8 trading fee every time you buy a $50 share in an etf or mutual fund.
I work in an engineering firm in Manhattan, almost everyone on my team has three monitors…never going back down to two let alone one.
Plenty of kids in the NY Metro Area even after they move out of home (and into NYC) list their primary address as Mom and Dads. With a NYC address your taxes are higher than if you still lived back at home in NY, NJ or CT. It would be silly not to do this considering how the rent is already in Manhattan.
“Sunday: I’m driving back from State College quite hungover” …Sounds like someone had a good Blue & White Weekend
I’m an Irish Catholic boy from the north shore of LI, but I think any Long Island or Westchester Jewish kid will agree that SUNY Binghamton was missing from that list.