KingM wrote:I'm really glad I've mostly ignored the investment advice on this forum. Since 2005, when I joined, I forked over $12,000 for bullion coins, which have greatly increased in value, but since they are in case of a hard crash, don't help much in the near term, but have otherwise continued saving in retirement accounts and taxable mutual and bond funds. My net worth has gone up six times in those eight years. My income has tripled.
If I'd listened to PO advice and bought land somewhere I'd be a subsistence farmer.
I made most of my net worth improvement since 2009 in the market. Left some in, but have since gotten out again. PMs are generally a long term joke, real estate has done pretty well, and my income has advanced nicely (not as well as yours!) in the worst recovery ever as employers look for proven skills as they dump seat warmers. Was headed hunted 3 times last year, and changed jobs for the first time in nearly 2 decades. That was a nice net worth improvement as well, and long term will provide an even wider range of skills for the next head hunting episode I suppose, but the market has done me pretty well. Right about the time the advice was to flee, I went all in at the bottom. I pay close attention to PO investing advice mostly, and then bet against it pretty hard. Worked for Simon against Ehrlich, and still seems to have quite a bit of merit.
45ACP: For when you want to send the very best.