re: Seeking advice from the 60+ OT crowd

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Make sure you are saving every spare dime for retirement. And then when you hit 62….get out.

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Next to eating lots of fruits and vegetables, this is the best advice you can get. Scrimp and put every penny you can scrape up when you are in your 30sor even 40s and 50sinto a retirement fund suchl as a Roth IRA at a good financial management firm. Think index funds. Don’t try to time the market, this is where everyone makes their mistakes. Unless you have true insider information from an employer anticipating bad times, avoid short sales…bodies of ppl Failing to meet margin calls litter the gutters of Wall St. I’ve done consulting and market research for firms that believed that they had the next big thing. Most were wrong. Consider allowing a good financial firm to manage your retirement accounts. The fees are likely offset by superior returns. Back to sentence 1: start putting more than you think you can afford into retirement funds in your lifetime 30s , 40s even 50s. Every penny in your 50s will outweigh investments made later. Drive a car until the wheels fall off, then buy as old a used car as you can find. I’ve worked with people who replaced new cars every two or three years who don’t have a pot to piss in when they retire.

TL/DR: learn to read.

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Make sure you are saving every spare dime for retirement. And then when you hit 62….get out.

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This is what I did. One of the best decisions I ever made.