Things are pretty good right now. But I think most experienced market practitioners know that pain could be just around the corner.
The market is not going to go straight up and to the right. You will experience drawdowns. Prepare accordingly.
Usually, when I rank on Dave Ramsey, I get back the following: “Well, he has helped a lot of people, hasn’t he?”
Common financial advice from Suze Orman and other “experts,” like avoiding daily coffee, is wrong. Focus on big financial decisions, not the little things that just don’t matter.
I was in Boston last week, and usually I stay in the Seaport—the high-rent district.