Re:Insider trading has been rife on Wall Street, academics c...
by shrimpx on Sunday February 11, 2018 @03:13PM
(#16354519)
This is the poor conservative person's guide to not being totally broke when they're old, it's not a guide to wealth.
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Re:Insider trading has been rife on Wall Street, academics c...
by tejohnso on Sunday February 11, 2018 @03:58PM
(#16354756)
Doesn't seem like a guide for poor people at all to me.
A poor person is not going to be able to get past step one, let alone step two which requires a decent job and thousands of dollars of discretionary income to save each year.
Re:Insider trading has been rife on Wall Street, academics c...
by Erik816 on Sunday February 11, 2018 @03:58PM
(#16354754)
You have a very skewed perception of "poor." Following this will net you a very substantial retirement account, especially if you are married and your spouse does the same.
Re:Insider trading has been rife on Wall Street, academics c...
by loeg on Sunday February 11, 2018 @06:33PM
(#16355448)
I'm at something like 1st percentile age-group wealth on 4th or 5th percentile age-group income following this simple strategy. On track to retire before 40.
It works.
Re:Insider trading has been rife on Wall Street, academics c...
by loco5niner on Tuesday February 13, 2018 @12:45PM
(#16369051)
Really, how much wealth do you need? I don't need a yacht or a mansion. I also don't feel the need to take on a lot of risk in the hopes of a yacht and mansion.
Re:Insider trading has been rife on Wall Street, academics c...
by oligopoly on Sunday February 11, 2018 @04:37PM
(#16354968)
Indeed, you also want to enjoy your life when you a virile. What's the point of working until your retirement when you are at a point you hardly can take advantage of it.
Start a business. You probably won't hit the unicorn lottery but making enough to retire in your early X shouldn't be out of reach. Find a solution to a problem and learn some sales and marketing.