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Good post. I agree entirely with your comment on all the negative stories about younger people. Sure, you can find lots of examples of 20 somethings who are lazy & unmotivated. But that's no different than when we were 20 somethings. I'm personally getting a bit tired of all these stores that subconciously try to p...more
Good post, Blues...Agree. Value of our portfolio tanked in '07 - '08, just like everyone elses. But we didn't "lose" any money as we didn't sell anything. In fact, quite the opposite...we cut back everything we could to funnel as much money as possible into our savings. As our advisor said, this is (was) the buying...more
Yep, you are exactly right. You describe quite well the blueprint for becoming financially independent. Surprisingly, not many people choose to follow it. I'm surprised and amused by other comments about the market being 'rigged" and how Wall Street has us all right where they want us. Ostriches...LOL. Good luck B...more
While I disagree with your tone, especially the rascist ranting part, I more or less agree with the rest. There was, is, always has been opportunity for those willing to educate themselves, learn a business from the ground up (which means starting at the bottom, not in an executive office), and work hard...nothing has...more
Nice job Hen, and I agree with pretty much everything you write. We're sitting at $900K invested assets (not including home equity), age 50. It really is not rocket science. Save early, often, as much as you can. Helps to have a little financial acumen, but if you don't (or just don't care to) there are ways to get...more
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