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40 year olds, what financial advice would you have for a 30 year old? (sh.itjust.works)

submitted 3 days ago by StarvingMartist@sh.itjust.works to c/asklemmy@lemmy.ml

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50 and older, I'm sorry, but in my personal experience, your advice has been a little out of date.

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[–] hanrahan@slrpnk.net 5 points 2 days ago* (last edited 2 days ago) (1 children)

money (you need enough) so keep dollar cost averaging into ETF, don't forget the world is a big place, so international as well and consider the debasement trade.

Switch to income investing when you "retire", don't try and time markets.

https://www.youtube.com/channel/UCuNKV0CMgcVUiJNdA-JNlJA

https://www.youtube.com/channel/UCxU4PhPfJEBgaeYT1rMhvCg

and physical health ; no smoking, no drinking, moderate cardio (running cycling etc) and lift weights to help prevent muscle loss and osteo.

and mental health: hike, enjoy the woods, spend time with friends and family you care for

Am 61, retired at 40 , gf is 57.

[–] alastel@lemmy.ml 3 points 1 day ago

money (you need enough)

sounds like legitimate financial advice