E My Best Advice For Millennials To Get Ahead

You don't buy as much stuff. You rent. You switch jobs a lot (good for you, chase the money because most corporations don't have a lot of loyalty to you, but stay in most jobs a year or two, it shows commitment and that you had enough time to learn something). When you do find a great job, that pays you about right, that you like, be very careful about that next switch. 

You travel a lot and that probably creates some jealousy (keep traveling, it's educational, but don't be in awe, be a student having a good time). Myself, I'm adopting a nomadic lifestyle. I'm going to do my research on the ground around the world the next decade or two or three. I'll stop by to visit though.

Most of you can't cook and grandma especially is concerned. Learn to cook. It's social, family building, therapeutic and will save you a ton of money. And at least plant a pot full of herbs even if you don't have room to garden yet, although, once you have a yard, learn to garden, dirt is cool. 

Finally, and most importantly I think, that you live differently is very disconcerting to older folks because it doesn't validate the rationalization of their own existence. That's tough. After survival and sex, self-validation is probably the next highest human instinct. Find a way to be nice about being different, rather than throwing it in people's faces - there's a really long conversation that could go a lot of ways there, I'll trust you to think it through. 

This first section was really about investing in you. That's your best investment, do it early, often and forever.

You Want To Get Rich, Fine, Here's How

I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful. - Warren Buffett 

Ok, we're done here. Thanks for your time. 

Oh, you want a bit more than that. Sure, I have an hour before I take grandma to eat (hang out with older folks more, they're older you know).

The stock market is approaching very rarified air. We are on the cusp of what is deemed "euphoria." We got a bit of that in January's cryptocurrency (most are going to zero by the way) mania driven stock market incline.

Here's a conversation I had last summer with a bigger shot than me. So far, we've had the correction in the range I said we would and now the stock market, represented by the S&P 500 (SPY) is climbing towards 3000.

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Disclosure: I am long Intel (INTC).

Disclaimer: I own a Registered Investment Advisor - https://BluemoundAssetManagement.com - however, publish separately from that entity for self-directed ...

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