STGC

EventHorizonbyGA

If your kids are going to go to college you should allocate 300k or so per child for that cost more if they want to go beyond undergraduate. $15k/month net of taxes is $300k/year investment income. This will be taxed at STGC rate. If you expect 8% you need $3.75M in a brokerage account. Best of luck.

Organic-Access1471

Sorry if I'm duplicating info here or late to the discussion - but yes, StartEngine is confusing, at least seemingly misleading to me. I purchased 800 STGC shares for $1000 as part of a promotion a couple of years ago, which were not investment in any venture but only holdings in StartEngine itself, I guess. There has been no way or maybe limited windows to sell them, until now - a limited window is open until August 15. Value seems to be around $.20, nowhere near what I paid with a cost basis of $1000 for 800 shares. That loss of value is not reflected or explained anywhere in the promotional messaging I get to my email regularly. When I created an order to sell today, asking $1.00 per share, I was prompted to join the Venture Club for $275 per year for access to that market. I am told this is legal, but it is at least confusing - that the only way to recover my investment is to join a paid "club" to order sale at a deflated value per share. Kevin O'Leary looks happy on the website though.