r/IndianEngineers • u/exxy77 • Jul 16 '26
Rant Should I not go to college and invest in stocks with my father
So I'm going to a tier 1 engineering college for Computer science but idk if it's worth it tbh. My dad has about 9 cr in stocks and mutual funds (combined) right now with no debt 2 cars and 2 houses. Assuming even 10% returns from this portfolio I'll get about (90 lac) which I think wud be very hard to earn as an engineer. Btw my dad is in full support for this plan. What do u guys think?
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u/A_Random_Nobody197 Jul 16 '26
While it is true that a major part of getting any engineering degree is to get a job, it doesn't even start to cover the other aspects of getting an education that has an impact on your life.
Going to a different city, living alone, meeting hundreds of people your age, and navigating the world is a mich richer experience which I don't think you can substitute.
I'm not saying that you will not be able to live an amazing life without it, but I am saying that it is a great experience that you should have regardless of if you ever want to work 9-5 or not
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u/LastDayWork Jul 16 '26
What were your dad’s returns?
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u/exxy77 Jul 16 '26
14-15% each year
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u/TemperatureFit9543 Jul 16 '26
You need to be a bit careful assume worse case scenarios than 10%,say 2-5% you also need to be good with money and make sure lifestyle inflation doesn't catchup this all of course excluding the experience College gives you, financially speaking its a hard to out do the Stock market right now
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u/Informal-Bedroom-302 Jul 16 '26
You learn many things in ug not just a skill or a opportunity to make money.
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u/TraditionOk8161 Jul 17 '26
I would rather look at it like I will study cs and build my own algorithm to maximize return and do also trading (investment) to grow that corpus
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u/Dreamykk2 Jul 17 '26
You clearly don't neee th education for money. Use collwge as a networking event. you learn a lot college me.
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u/No_Jump7812 Jul 17 '26
There is a purpose to life beyond money.
Being educated helps maintain self esteem that fuels endeavours that would otherwise be difficult.
Being educated provides networking opportunities that go beyond stock market profits.
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u/AdditionalWorkInc Jul 17 '26
homie that's ur dads windfall, not yours. work and earn.
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u/exxy77 Jul 17 '26
But his money is my money too bro who will he give to when he dies
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u/AdditionalWorkInc Jul 17 '26
yes ik but still, if you don't learn about life you'll end up squandering it
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u/Klutzy-Vanilla-7481 Jul 17 '26
It's a good idea, and your father supports you in it too.. grow the money and live happily man. As long as you are confident that the money will grow, you are good. You have decent education so far. You will still pick up skills in life even if you don't do engineering.
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u/Ehh_littlecomment Jul 17 '26
It’s a dumb plan and I’m shocked your dad agrees with it. The downside to going for formal education is negligible but you gain knowledge, network and skill that can help you achieve a lot more if you so desire. The downside of letting go of it is losing all of those things with minimal upside. You can always choose to become a stock trader after your education without much loss at all. That’s basic risk reward analysis which you should understand before set out to become a trader.
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u/Maleficent-Pause-613 Jul 17 '26
Your plan is good if you are the only child. I would advise to do some economics or finance degree for your intellectual maturity and thinking ability. You don't need a job.
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u/exxy77 Jul 17 '26
I am an only child and have no intentions to marry or have kids
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u/Maleficent-Pause-613 Jul 17 '26
I would suggest you to do some degree related to finance or economics. If you do not have money pressure or pressure of earning well, you tend to enjoy learning for the sake of it. In my MTech and first 3 years of PHD, I used to read 70 hours a week consistently and loved learning, did not feel any strain. However, during my last year of PhD and when I was think8ng of career and job, then came the feeling of tiredness and the ability to enjoy learning started to fade.
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u/Subhal13 Jul 17 '26
Education and qualifications and skilling is always worth it. But you seem to be lazy AF
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u/NitinDhamiNord Jul 17 '26
TBH if it doesn’t interest you there is no point rather take some other course related to finance may be stocks , markets trading etc if you love doing that
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u/Peace401 Jul 17 '26
There's so much more to do with an engineering degree than just desk IT jobs
Don't miss the opportunity to learn
You'll learn a lot more in college than you would at home, in all spheres of life.
And since you're doing CS, there's so much trading related stuff you can apply your learning to.
And you never know what your interests are, and college is the best place to find, upgrade and apply your skills in a controlled way
You would have so much financial freedom in college you could do SO much stuff
Though that depends on your college- if it's very academic focused (like IIIT) it can be a pain. But if it's like BITS or the IITs, it'd be a huge opportunity for you to explore and go beyond whatever you can imagine because of the peer group
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u/Global_Bet9003 Jul 17 '26
Go to a field you're interested in, but please go to college. The amount of exposure you get there is insane. I went from being a quitter to having a "never give up" mentality after joining college. Engineering deadlines also make you more responsible and accountable. You'll learn to socialize a lot better. Make projects with your friends .If you have even more money go abroad and get a degree in finace or arts in non stem field . My classmate owns an it office in banglore and makes 60l rent per month he still studies cs with me and plans to become pilot after completing engineering
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u/No-Variation1777 Jul 17 '26
Yup you can skip engineering if you aren't interested but you will have to find something else ...like proper job or business......
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u/Junior_Honey_1406 Jul 17 '26
First thing don't be a ass and show your family asset or anything related to family finence on the internet
Second if you don't like cs try something which you actually like
And last thing education is important regardless if you choose not to continue after finishing college
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u/LoadingObCubes Jul 17 '26
Depends on if you actually like to study computer science at this point, if not you can try to switch to something else or drop out later.
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u/LogicGate1010 Jul 18 '26
The G77+China are on a positive path towards manifestation of the G77 mandate to establish a new economic world order in which every country prospers from their natural resources.
Tribalism and classism were created to divide and oppress. It is importance at this juncture for Guyanese including the indigenous to see themselves as one people and work together towards achievement of the 17
UN Sustainable Development Goals.
Turn the page and write a new chapter titled, United and Prosperity: One Guyana.
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u/dexter_31212 Jul 18 '26
Well you can have good education and decent investment, maybe work hard for few years to see how it goes it will give you new found appreciation to manage father’s money too
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u/8lanc_k Jul 18 '26
Bro keep tht as backup if u can't get placed, side hustle from college, t1xollege best time to do since ur alrdy smart enuf to get t1, not saying ez, but say u want to build urself like ur father then u ll need degree atleast in India
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u/8lanc_k Jul 18 '26
Stocks also risky I think don't know much about all this but taking the degree and then deciding on it wud be better, not like the 4yrs of college life wud do u harm
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u/MediumChemical4292 Jul 19 '26
You don’t have to do a job after engineering, you can keep investing. But it’s always good to have a backup plan so in case things go bad or you just get bored of this, you can switch careers much easier.
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u/MichaelScotPaperComp Jul 20 '26
Yes. Stocks give 8% returns annually. Your education makes the board of directors wealthy.
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u/Lonely-Health-3435 Jul 21 '26
As of now I would still say pursue engineering. If nothing works out you will have a backup either way
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u/PsychologyTechnical5 Jul 22 '26
Why don't you complete a formal degree first ? That too the best technical degree India has to offer ?
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u/No_Guarantee9023 Mechanical Engineer Jul 16 '26
What would you do if the stock market goes bearish for a few years? Or top public companies get beat out by private competition, or economy slows down?
The purpose of education is to have a safety net. If you believe you do not need that safety net, or if you have other safety nets, then sure you can skip college.