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Search: Posts Made By: suko
Forum: Off-Topic January 11th, 2018, 03:52 AM
Replies: 41
Views: 5,361
Posted By suko
We moved the younger daughter's trading account...

We moved the younger daughter's trading account to Tastyworks in November. She is now 11.

I directed her in making the first trade, which was a UVXY 50d30d put spread. Closed as a winnner.
...
Forum: Off-Topic March 19th, 2017, 11:20 PM
Replies: 41
Views: 5,361
Posted By suko
So we had some heartwarming dinner table...

So we had some heartwarming dinner table conversation the other day.

Daughter: "I traded soybeans and wheat last year now where's my money?"

Me: "You didn't make any money on the beans and...
Forum: Off-Topic March 13th, 2017, 05:18 AM
Replies: 41
Views: 5,361
Posted By suko
Actually, she has been given the right to draw...

Actually, she has been given the right to draw 20% of her earnings.

I want to hammer home the point that if she leaves that 20% as long as possible the money will grow much bigger.
Forum: Off-Topic March 12th, 2017, 01:55 AM
Replies: 41
Views: 5,361
Posted By suko
Yes, it's very important. This year we are...

Yes, it's very important.

This year we are working on recordkeeping and learning how to deal with numbers in spreadsheets.

I started working with the younger one in Apple Numbers. She gets it...
Forum: Off-Topic June 29th, 2016, 11:07 PM
Replies: 41
Views: 5,361
Posted By suko
Another dinner table conversation. It...

Another dinner table conversation.

It started out as a discussion of realistic expectations for what an entry level worker can spend per month, fresh out of college. I pointed out that the really...
Forum: Off-Topic June 24th, 2016, 09:57 PM
Replies: 41
Views: 5,361
Posted By suko
Brexit

Brexit was the subject of dinner table conversation. We usually do not talk current events or politics at dinner, but the older girl is getting a lot of input on these things at school, so it is...
Forum: Off-Topic June 22nd, 2016, 11:36 PM
Replies: 41
Views: 5,361
Posted By suko
They tell the story that in the old days in Osaka...

They tell the story that in the old days in Osaka the merchant families would set a young male child down on the tatami and place a candy in front of him, slightly to the left, an abacus to the...
Forum: Off-Topic June 22nd, 2016, 04:52 PM
Replies: 41
Views: 5,361
Posted By suko
It's taken me a year into this project to realize...

It's taken me a year into this project to realize that understanding compounding is the key.
Forum: Off-Topic June 22nd, 2016, 02:05 AM
Replies: 41
Views: 5,361
Posted By suko
My younger daughter has her tenth birthday coming...

My younger daughter has her tenth birthday coming up this week.

This year we decided to get her an Australian Kangaroo silver coin. This is a one ounce coin, and the list price was about 3450...
Forum: Off-Topic June 15th, 2016, 12:52 AM
Replies: 41
Views: 5,361
Posted By suko
I do always set the example by picking up...

I do always set the example by picking up pennies, it's a basic matter of morality, I feel.
Forum: Off-Topic June 14th, 2016, 10:33 PM
Replies: 41
Views: 5,361
Posted By suko
No, I think you highlight the confusion that we...

No, I think you highlight the confusion that we all suffer from as money gets virtualized.

Blinking lights on a screen.

This is one of the reasons why I started silver stacking with the kids....
Forum: Off-Topic June 14th, 2016, 09:53 PM
Replies: 41
Views: 5,361
Posted By suko
But I thought in some cases the online game...

But I thought in some cases the online game virtual currency could be traded for the real thing.

I will say this much, when money and currency is gamified to the level of sugary deliciousness of...
Forum: Off-Topic June 14th, 2016, 05:39 PM
Replies: 41
Views: 5,361
Posted By suko
Money is energy, and options, and freedom and...

Money is energy, and options, and freedom and creativity.

Gasoline for the tank.

That's the kind of positive view I am trying to encourage.

Rather than the deepset cultural message in this...
Forum: Off-Topic June 13th, 2016, 05:16 PM
Replies: 41
Views: 5,361
Posted By suko
I also did a lot of hard labor as a teenager on...

I also did a lot of hard labor as a teenager on farms, $20 a day. Happy to get it.

Later on, after I finished college I ended up doing construction again -- painting, cabinetmaking, carpentry and...
Forum: Off-Topic June 10th, 2016, 10:20 PM
Replies: 41
Views: 5,361
Posted By suko
Thanks, that gives me some ideas.

Thanks, that gives me some ideas.
Forum: Off-Topic June 10th, 2016, 12:11 AM
Replies: 41
Views: 5,361
Posted By suko
We have been reviewing the results of trading the...

We have been reviewing the results of trading the first year in the kids accounts.

In the process I discovered that they do not understand the concept of compounding returns.

Somehow this gets...
Forum: Off-Topic June 4th, 2016, 07:55 PM
Replies: 41
Views: 5,361
Posted By suko
My Kids Money Project has been running for about...

My Kids Money Project has been running for about a year. I am now shopping for the second silver coin to be presented to the younger as a birthday present. Maybe a Panda this time.

The kids'...
Forum: Off-Topic September 9th, 2015, 09:31 PM
Replies: 41
Views: 5,361
Posted By suko
https://futures.io/attachment.php?attachmentid=192...

https://futures.io/attachment.php?attachmentid=192508

We did very well trading the vol products during July and August, deftly avoided the crash then went long. The teaching strategy is just start...
Forum: Off-Topic June 21st, 2015, 07:24 AM
Replies: 41
Views: 5,361
Posted By suko
Progress on the teaching kids about money...

Progress on the teaching kids about money project. Both kids now have bank accounts and brokerage accounts, which have been funded with a couple thousand dollars. We are using the SBI platform, which...
Forum: Off-Topic February 28th, 2015, 08:25 PM
Replies: 41
Views: 5,361
Posted By suko
How's AAPL doing?

I have my my life goals organized and tracked on an Excel spread sheet. Spending time with the kids is #1 priority. My wife usually monopolizes them, but yesterday I got a few good hours in with my...
Forum: Off-Topic February 24th, 2015, 09:26 PM
Replies: 41
Views: 5,361
Posted By suko
At the risk of violating the "off topic" rule of...

At the risk of violating the "off topic" rule of this forum:

From the Wikipedia Tulipmania story, the price of the underlying tulip bulb was not as volatile as we think. The shocking volatility...
Forum: Off-Topic February 22nd, 2015, 07:09 PM
Replies: 41
Views: 5,361
Posted By suko
Some pretty amazing scenes from the Dutch flower...

Some pretty amazing scenes from the Dutch flower auctions of FloraHolland in this vid:

https://www.youtube.com/watch?v=Slf_XNroXS8
Forum: Off-Topic February 22nd, 2015, 06:55 PM
Replies: 41
Views: 5,361
Posted By suko
Sorry, I couldn't parse that. Are you saying...

Sorry, I couldn't parse that.

Are you saying that there is nowadays a tulip bulb futures market in Holland?

It would make sense for there to be one, since they produce 9 billion bulbs per year.
Forum: Off-Topic February 22nd, 2015, 04:08 AM
Replies: 41
Views: 5,361
Posted By suko
Tulipmania

I have decided to turn the trip by the kids to Holland this spring into a money learning project.

So I am working on a little learning experience for them called "Tulipmania."

Reading up on the...
Forum: Off-Topic February 16th, 2015, 08:12 PM
Replies: 41
Views: 5,361
Posted By suko
Sermons in stones

We made great sacrifices to send the kids to Montessori school. I am not sure that I drink the Montessori Koolaid in one gulp, but there are certain things about it that are very valuable. One thing...
Showing results 1 to 25 of 27

Would you sell your system, and for how much?

 

 
 


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