Re: Things you\'ve wasted lots of money on when you were younger
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here's 3k 20 years 10% compounded interest. would u force your kid to put his money in an index fund (QQQQ) or would u let him waste it on cards?
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I'd let him be a kid and waste it on baseball cards and music. If my 10 year old by some freak nature is aware of and has an interest in investing in index funds, they can have at it I guess.
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George Michael: Quicken! Premiere! Dad, I hope you kept the receipt.
Michael: You want to return that?
George Michael: What? No, I want to deduct it.
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