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I was expecting financial advice in the post but there wasn't any. There wasn't much of any substance either, but it sounds like the OP is still young and has s

• jallbrit 5y ago
  > I was expecting financial advice in the post but there wasn't any. Sorry, but that's just false. This article contained specific points of advice, a lot of which is parroted by most financially competent people, but not all. Here's a few takeaways I noticed: > avoid accelerating your hedonic treadmill, and save that money instead > Invest your money. Do not let it sit idle in a bank. > My own investment portfolio has consisted entirely of US equity (VTI), Developed Countries (VEA) and Emerging Markets (VWO). In recent years, I’ve also added real-estate (REET) to the mix. My exact allocations have varied, but I’ve generally invested an equal amount in each of the above. If you’re more risk averse, add a bond fund (BND) to your portfolio > Do not try to time the market or pick winners and losers. On average, these are both losing strategies. > You should strongly consider interviewing elsewhere every ~3 years... Practicing your interview skills is the best financial investment you can make. > I’ve heard many people say you should ignore equity and only look at base salary in a job offer. This is poor advice – always look at the total compensation, not any one piece of it. > Tell recruiters what compensation you’re expecting, not what you’re currently making. As a rule of thumb, whenever I switch jobs, I expect a 30% compensation increase. Anything less than 20%, I would recommend waiting for something better to come along.