Investing Opinion

Don't Send Your Kids to College

 

And what about travel? Well, I'm not a big believer in that unless it's supervised. There's plenty of time to travel later in life. Right at home there's a plethora of opportunities that can far exceed the value of a college education at one-tenth the cost, and lead to greater experience and opportunities in career, wisdom and life development.

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It doesn't take detailed knowledge of string theory to appreciate a sunset. And "ka," in addition to being a word that babies sometimes use, is also the Egyptian mythology definition of the human soul. Don't try to make things overly complicated to fool people into thinking your smart. Just make things as easy as possible and learn from everything around you, not just the classroom.

Note: Stocks mentioned in The Forever Portfolio include Sirius (SIRI), Dendreon (DNDN), GM (GM), Wal-Mart (WMT), Google (GOOG), Yahoo! (YHOO) and Goldman Sachs (GS).

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At the time of publication, Altucher and/or his fund was long Goldman Sachs, although positions may change at any time.

James Altucher is president of Stockpickr LLC, a wholly owned subsidiary of TheStreet.com and part of its network of Web properties, and a managing partner at Formula Capital, an alternative asset management firm that runs a fund of hedge funds. He is also a weekly columnist for the Financial Times and the author of Trade Like a Hedge Fund, Trade Like Warren Buffett and SuperCa$h. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Altucher appreciates your feedback; click here to send him an email.

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