Step by step guide to life

Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.
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notsobright
Posts: 63
Joined: Thu Jun 28, 2012 9:07 pm

Step by step guide to life

Post by notsobright » Wed Mar 13, 2019 9:29 am

1. Be born
2. Learn to do something to make money
3. Make money a start investing / saving for retirement
4. Gauge and adjust risk tolerance as markets go up and go down
5. Extrapolate date of retirement given current income trajectory and risk adjusted expected rate of return on investments
6. If happy with with retirement date then skip to step 8, if not then goto step 7
7. Find ways to make more money or need less money, repeat step 5
8. Retire and spend the rest of your days figuring out the meaning of life

** Be wary of tendencies to think you can cheat step 7 by messing with step 4

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Wiggums
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Joined: Thu Jan 31, 2019 8:02 am

Re: Step by step guide to life

Post by Wiggums » Wed Mar 13, 2019 9:34 am

Do you have a question?

There is definitely more to life than just finances.
:sharebeer

Topic Author
notsobright
Posts: 63
Joined: Thu Jun 28, 2012 9:07 pm

Re: Step by step guide to life

Post by notsobright » Wed Mar 13, 2019 9:37 am

Wiggums wrote:
Wed Mar 13, 2019 9:34 am
Do you have a question?
Gah, wrong forum. Meant to post in General

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Wiggums
Posts: 454
Joined: Thu Jan 31, 2019 8:02 am

Re: Step by step guide to life

Post by Wiggums » Wed Mar 13, 2019 9:38 am

Ahhhh....gotcha. Admin can move the post.

surfstar
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Location: Santa Barbara, CA

Re: Step by step guide to life

Post by surfstar » Wed Mar 13, 2019 9:39 am

Pretty sad.

75% of your guide is focused on money.

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LadyGeek
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Re: Step by step guide to life

Post by LadyGeek » Wed Mar 13, 2019 4:31 pm

I removed a number of posts discussing whether the OP can post this question. This thread is now in the Investing - Theory, News & General forum (general discussion).

Please stay focused on the investing aspects.

To get a moderator's attention, please report the post using the "!" in the top-right corner of the post. One of the reasons is "Wrong forum." (Thanks to the member who did just that.)
Wiki To some, the glass is half full. To others, the glass is half empty. To an engineer, it's twice the size it needs to be.

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