BC EDUCATION

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Jodi Kantor
@jodikantor 3 years, 3 months ago 582 views

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This thread is for parents of teenagers. I have something for you: the first chapter of @ronlieber’s THE PRICE YOU PAY FOR COLLEGE. Because ye gods, here’s what we and our kids are facing.

Beyond obvious changes, like $$$ tuition prices, the system has changed from when we were in school. Nearly all colleges use so-called “merit-aid” to pay kids for good grades.
https://t.co/vyVlfUN4wO

This is NOT need-based financial aid, and it’s not about expanding college access for the poor... it's an arms race by schools scrambling for US News rankings.

Tuition list prices are misleading at this point. College seats are more like airline seats, and your kid's actual price is calculated based on everything from his zip code... SAT scores... how much interest he and his cohort have shown in school X (yes they can figure that out.)

Ron has seen NYC high school classes in which three kids were offered admission to the same small school at three different prices-- and *none* of them had applied for need-based financial aid!

Colleges are rarely transparent about this, even though this is one of the biggest financial decisions of our lives.

Ron, a personal finance columnist for decades, spent years researching how this really works and how to navigate. What's worth paying for re college and what's a total ripoff. How to deal with the feelings of guilt and snobbery that come up.

How to evaluate whether SUNY at 25K a year makes more sense than Tulane at 40k a year or Brown at 75k a year. What college presidents really make of all this-- Ron interviewed a ton of them-- and how to get more information so you're not left feeling like a pawn.

On a personal note, this book also helped me rethink what to look for in a college, because there is ONE thing Ron found makes a bigger difference in the value of an education than anything else. (Not spoiling it here.)

And join us tonight if you can, with @priyaparker and @AnandWrites, on Zoom: https://t.co/VkIjCPJenW

Thank you for sharing this info, and particularly that first chapter. Not just for book sales reasons. Because this system is brutal and @ronlieber (my husband) is passionate about getting this guidance to anyone who might need it.

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Again sharing bank nifty intraday weekly straddle. How to play by selling straddle.
Mostly will work on Monday to Wednesday. Sometimes on Friday.
Why to pay your money to learn this if u can get it here.
U need only practice.
Let’s go.

Say bank nifty future is at 32000.
Sell both 32000 call and put.
Considering current volatile market lest say premium on Monday morning is 350 on both sides.
Sold with 700 points combine premium.
If bank nifty will trade in narrow range say +\- 100 hold it.
If moving 200 points

then exit previous sold straddle. Sell new one. Let’s say BN moved +200
Now sell 32200. If bank nifty will move here within range then u will get profit through theta decay. Follow same procedure for next 150-200 pts move.

This is only for single straddle sell position.

Now in second case sell three straddle. 31900/32000/32100
In case of 100 points move no need to change.
If 200 + then future is 32200.
Exit 31900 and sell 31200 straddle.
If moving another 100 then exit 32000 and sell 32300. Continue same with 100 points move.
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it will consolidate between 32000-32200 or 32100 to 32300 and u will get theta decay.

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If u r selling at 350-350 then keep SL in system 475 for both legs.
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