I know the intention is good but the idea of burning between 10 and 70k on Official Fornicate Thyself And The Steed Upon Which Thou Didst Arrive Vintage Shirt a life lesson just causes you can sound insane to me. I could live for months or even years with the lowest end of that amount. Just to be clear, OP can do whatever they want and I give no advice, but the whole ordeal is just so bizarre to me. You missed how he got the $35k. He didn’t save it, he gambled on stock options and lucked out according to the parent. That doesn’t seem incredibly responsible.
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Why is anyone taking this at Official Fornicate Thyself And The Steed Upon Which Thou Didst Arrive Vintage Shirt face value? Does your kid say they made twenty-five grand last month dicking around with stocks out of the blue? Like I’m not saying it didn’t happen, but I feel more than likely there’s something big here we’re missing that renders our conjecture moot. If he had the foresight to see that Italy had been locked down and we were next. He probably bought puts or sold index futures. Moves like that are rare, but if he saw it coming, good for him. It won’t always be that easy though.
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He wouldn’t have been able to get approved for futures at that age. Puts definitely a possibility. A lot of people saw what was going on in Italy and Official Fornicate Thyself And The Steed Upon Which Thou Didst Arrive Vintage Shirt repositioned themselves. I know I did (switched 401K to 100% money market and a bought a couple of puts in mid-Feb). It was a risky move but it paid off for the kid. The parents should just be honest about what they comfortable matching and leave it at that.
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