I clicked the link and read a lively piece written by someone unfortunately burned by his own ignorance of the financial markets.
There's no such thing as a lottery ticket with guaranteed winnings, yet that's what millions of people throw their money away believing.
The truth is that your 401K and other investments are driven by you, not your broker (who owes you nothing morally), and you have to tend them as a gardener with a farmer's almanac under his arm.
It takes more than the simple expectation of wealth to make your -earnings- work for you when you are sleeping.
People spend more time laboring over Amazon user reviews of LCD televisions than understanding what retirement planning really means.
Everytime I hear about a 60 year old losing their 401(k) because of the stock market crash I refuse to feel for them. Why were they so equity-heavy at that age when having cash/fixed income assets would be safer? They either didn't know or didn't care but either way it was their money to control and they didn't.
There's no such thing as a lottery ticket with guaranteed winnings, yet that's what millions of people throw their money away believing.
The truth is that your 401K and other investments are driven by you, not your broker (who owes you nothing morally), and you have to tend them as a gardener with a farmer's almanac under his arm.
It takes more than the simple expectation of wealth to make your -earnings- work for you when you are sleeping.
People spend more time laboring over Amazon user reviews of LCD televisions than understanding what retirement planning really means.