JL

Money Board Summary
1. Open Vanguard account then Roth IRA account
2. Transfer money from checking account
3. Use the transferred funds to buy VOO
4. Don't touch it

lol I’ve been following all your tips! I thought you were a baller. Well you’re making me rich off your due diligence.

shite I thought y’all were heavy on this stock. I’m sitting on 3000 shares. Maybe I should sell some.

So this isn't a stock you see going to 100 in the next year.

Glad I lowered my average yesterday!

quote:

---

Congrats to him. Two very different lifestyles. If he’s thinking engineering/science/premed then be prepared to work your arse off. If he’s leaning liberal arts then it’s much more stress free with some cramming in at the end of the semester. I did engineering and the name carries weight no matter the field. Not a lot of TAs teaching the class which is nice. Small class sizes once you’re past the main-major courses.

Campus life is awesome. College system and no Greek life. Can drink on campus so you’re not worried about DWis or getting hurt. Apolitical (mostly) environment. Rice village right there. Lots of Asians. No one cares about collegiate sports. Do it!

---

This is pretty spot on except Campus life is awesome haha. I got my masters there so didn't have an undergrad experience, but I would say it's a fit school. If the degree program your kid wants is solid there and he/she is personality fit with the campus lifestyle there, then for sure send them. My personality wouldn't fit with undergrad life there. Your kid is guaranteed to get a solid education, close friends because of the way they structure their undergrad system by houses (randomly seperating kids into residential colleges), make sure your kid understands how that works, it's sort of like harry potter, and they will have a solid network for the rest of their career.

Couple of things I would consider as a parent, the area is super safe, one of the nicest in Houston. The campus is very nice, dorms are nice, administration is on top of everything and address issue very promptly whether it be a protest or a campus incident. As a professional, people knowing you went to Rice is sort of a badge of honor in the Houston area.

Are they named after Merlin in top gun as in assisting maverick? If so I’m in.

quote:

---

Once AI has taken our jobs, there will be no mechanism for making money greater than UBI, so there won’t be a way to increase your financial status

---

I disagree with this. I think there will be a renaissance of things like the arts, outdoors, live performances, health services (trainers, coaches, etc.).

For example, when I retire at my current trajectory I want to workout more, swim, learn to sail, etc. I'll gladly pay an expert to help me accellerate those things in person to have more human interaction and live 1 on 1 expertise. Maybe there won't be millions of these jobs, but there will be opportunities for people to side hustle beyond their UBI.

This is real life when we argue about how many 6 yr olds you could take down in a fight.

Trump Accounts are tax-advantaged investment accounts for U.S. citizen children under 18 with a Social Security number. A $1,000 government-funded, invested pilot contribution is available for children born between January 1, 2025, and December 31, 2028, with accounts established by parents or guardians.
Key qualification details for a Trump Account include:
Age and Status: The beneficiary must be a U.S. citizen under the age of 18 at the end of the calendar year.
Identification: A valid Social Security number is required.
Pilot Program Eligibility: To receive the $1,000 federal grant, the child must be born between January 1, 2025, and December 31, 2028.
Account Setup: Parents, guardians, or authorized individuals must submit IRS Form 4547 to establish the account.
Contributions: While only certain children get the $1,000 seed money, any child under 18 with a Social Security number can have a Trump Account opened for them, with up to $5,000 in annual contributions from parents, family, or employers.
Accounts are designed for long-term growth, with funds invested in {Link: index funds. The program starts accepting contributions in July 2026, notes {Link: Yahoo Finance and the {Link: White House (.gov).