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Showing posts from January, 2023

Invest in my Child's Education

This close to an e-Sport Super Star Supposedly, every 9 years your investments should double. At an 8% average yearly rate, this is just math (8% compounded 9 times is 1.999...I'm going to round up). Historically, the S&P has averaged 12%(!!)  so doubling is even faster - 6 years (again, this is just math). I bring all this up because towards the end of 2021, my wife became pregnant, and in 2022 we already needed to think about how to pay for Little P's college - if she choses to go. I know I'm on the hook for thousands of dollars' worth of Diapers, Food, and Formula in the near term. Perhaps we'd need a larger SUV or House. None of that scares me...but for some reason, College Tuition does. Perhaps it's due to the fact that my parents partially paid for mine, and I remember the stressed it caused. Perhaps it's due to the fact that I paid my own way through Grad school, and I still know the stress  that caused. Perhaps it's due to the fact that my en