Your attitude is going to keep you fvcking poor for your whole life. Luck has nothing to do with building wealth. The self-made rich don't work for money-- money comes to them through their investments. Take away their money, and I guarantee that a self-made millionare could build it back again-- even faster, and get even more money b/c they have more experience than the first time around and they won't make the same mistakes.Originally posted by RepphIz
billionaires? HAHAHAHA :crackup: :crackup: :crackup:
noone here will ever be billionaires or even get one million, not to mention, its IMPOSSIBLE! they were blessed by God knows what and they just got LUCKY! noone can be a billionaire without getting lucky, just pure luck, if you take their money away from them, they cant make that billion again even if you gave them enough time to do so
simply put, u HAVE to work!
Okay, I'll give you credit for those three, but three courses or whatever else you can come up with is nothing when you consider the MANY other bullshyt courses you have to sit through and pay for during your time in college. Plus, there's more types of investing than stocks, futures, bonds, and mutual funds. You would probably only see these courses in lower division/general ed, and a lot of colleges offer nothing like this. Mine sure doesn't. These courses are most certaintly electives, but if college really wanted to teach you how to be a good investor, then these courses would be mandatory, right up there with English and history. I can think of many times where a mandatory investing class would be useful, but I can not even think of one instance outside of school where it pays to know fvcking calculus. Once you get into upper division you only learn skills relevant to GETTING A JOB, so its pretty clear what college is really trying to prepare you for--- to be a wage slave until you retire at 65 and then die a few years later.Originally posted by Interpol
Ok, here's three more:
Investments:
Study of the nature of securities markets and techniques for security and portfolio analysis. COurse includes such topics as types of investment securities, security market operation, theory and evidence on portfolio choice by investors, risk and return, and capital market efficiency. Among the applications considered are mutual funds and regulation of security markets.
Risk Management
Not typing out the entire description because it's really long. Specific topics include: determining the costs of risk to a corporation, managing interest rate risk using futures, forwards and swaps, evaluating derivatives credit risk, credit risk derivatives, using options to manage risk and managing the risk of options positions, monitoring the activities of traders/risk managers, "derivatives disaster" including Barings, Metallgesellschaft, and Sumitomo, and exchange and OTC markets.
Options, Futures, and Derivative Securities
Examines the theory and practical application of derivative securities such as futures, options, and swaps. Central to the theory of derivative security pricing is arbitrage and payoff replication. In practice, derivative securities provide a principal route to manage, and in particular, hedge financial risk. Futures, options, and swaps on different types of underlying assets are examined with an emphasis on pricing and application.
So there ya go, I don't really wanna type anymore because I have better things to do, but those were just a few of the courses classified under Finance. There's also courses under Accounting, Managerial Economics, and Management that have tangential relations to investing. If this doesn't satisfy you then I don't know what possibly could.
Those courses (except for the personal finance) were actually upper-level courses that are required for finance majors. You're right that most courses probably don't offer anything like that, and that's why it's important to distinguish high-level colleges from mediocre when you're giving people advice.Originally posted by Page
Plus, there's more types of investing than stocks, futures, bonds, and mutual funds. You would probably only see these courses in lower division/general ed, and a lot of colleges offer nothing like this.
Well like I said before, those classes are mandatory for finance majors, and can be taken as electives for other business majors. I never said that colleges "want" to teach you about investing. All colleges "want" is money and a good reputation! My point is that if you go to a good college and take the right classes then you CAN learn a lot about investing and entrepreneurship, contrary to the claims of several posters here.Originally posted by Page
These courses are most certaintly electives, but if college really wanted to teach you how to be a good investor, then these courses would be mandatory, right up there with English and history. I can think of many times where a mandatory investing class would be useful, but I can not even think of one instance outside of school where it pays to know fvcking calculus.
Not trying to sound snooty or anything, but once again this is where you distinguish mediocre or "good" college from top-tier...Upper level classes in good schools are focused on real-world experience (like the Investment Praxis course I mentioned).Originally posted by Page
Once you get into upper division you only learn skills relevant to GETTING A JOB, so its pretty clear what college is really trying to prepare you for--- to be a wage slave until you retire at 65 and then die a few years later.