You should realize that faang swe income, on a risk adjusted basis, is the best you will get. Hold on as long as possible and invest your earnings into the stock market. Ignore the noise. You quit when you have enough to retire
I think there is something to be said for starting a company when you're younger and more risk-tolerant though. If you wait until you're middle aged and set for life you might never do it.
conversely, money early on in life is worth more than money later on in life. This can be especially true once you get into a house you're happy with.
Your housing expenses are likely to be your single largest (fixed) expense, so if someone can work hard for a few years and buy a place, it's a lot easier to coast on lower paying jobs.
I'm a stickler for diversified asset class allocation
Edit:
Normally I am not a fan of explaining myself, but the most fundamental principle of wealth management, diversification, calibrating your risk exposure to various markets, is being downvoted. Thank you for the reminder people
posix_monad|2 years ago
gaws|2 years ago
Indeed. An expert-level knowledge of C++ helps.
chpatrick|2 years ago
VirusNewbie|2 years ago
Your housing expenses are likely to be your single largest (fixed) expense, so if someone can work hard for a few years and buy a place, it's a lot easier to coast on lower paying jobs.
barbazoo|2 years ago
TOMDM|2 years ago
unknown|2 years ago
[deleted]
RobRivera|2 years ago
But otherwise yea concur.
I'm a stickler for diversified asset class allocation
Edit: Normally I am not a fan of explaining myself, but the most fundamental principle of wealth management, diversification, calibrating your risk exposure to various markets, is being downvoted. Thank you for the reminder people
practicemaths|2 years ago
Or is your last bit just saying like do some other investments besides purely stock?
jdewerd|2 years ago