BlvdBrawler
Superstar
As long as you understand the time value of money, depreciation, and opportunity cost of making new money, you'll be good.
A basic formula is
-Save 6 months of living expenses in cash.
-Prepare a monthly budget for living expenses.
-Allocate the rest of your money divided between hard assets, your preference of low risk stocks or bonds, and speculative assets such as a side business
Good advice.
