Comments on: Money In Your 20s: Five Reasons Why Your 20s Are The Most Important Decade Of Your Life http://20smoney.com/2008/09/17/money-in-your-20s-five-reasons-why-your-20s-are-the-most-important-decade-of-your-life/?utm_source=rss&utm_medium=rss&utm_campaign=money-in-your-20s-five-reasons-why-your-20s-are-the-most-important-decade-of-your-life Aggressive Yet Responsible Wealth Building For 20-Somethings Tue, 22 May 2012 18:25:15 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: alfred kelley http://20smoney.com/2008/09/17/money-in-your-20s-five-reasons-why-your-20s-are-the-most-important-decade-of-your-life/comment-page-1/#comment-4768 alfred kelley Mon, 22 Mar 2010 04:39:20 +0000 http://20smoney.com/?p=226#comment-4768 Im 19, and i am saving aggressively now. I turn 20 next month. And i hope to be independent by age 21. And im'a try to find a 2nd job tommorrow. I was investing from age 16 to age 19- and lost thousands. So now- im'a focus on saving. never too late to save. Im 19, and i am saving aggressively now. I turn 20 next month. And i hope to be independent by age 21. And im'a try to find a 2nd job tommorrow. I was investing from age 16 to age 19- and lost thousands. So now- im'a focus on saving. never too late to save.

]]> By: torbjorn rive http://20smoney.com/2008/09/17/money-in-your-20s-five-reasons-why-your-20s-are-the-most-important-decade-of-your-life/comment-page-1/#comment-842 torbjorn rive Wed, 17 Sep 2008 19:17:12 +0000 http://20smoney.com/?p=226#comment-842 Honestly I'm not putting much into stocks right now as my confidence is feeling pretty shaky. Bought a small gold position today, but I'm worried that a large group of people are about to short gold after a small run-up. Other than that I've failed on a Nat Gas trade recently. I just bought a large GIC for a year and a half term (what's their American name again?) - and am holding more than 50% cash in my trade acct. I think we're hitting some pretty gnarly support and should see a bounce (dead cat) - the next thing I'm using to short is TWM (Russel2000). If it gets down below 70 it's probably a buy - but I'll need to keep watching that area. In the meantime I just hope that my mutual funds in my bank's hands are conservative enough - they conserve; I take my calculated risk. Honestly I’m not putting much into stocks right now as my confidence is feeling pretty shaky. Bought a small gold position today, but I’m worried that a large group of people are about to short gold after a small run-up. Other than that I’ve failed on a Nat Gas trade recently.

I just bought a large GIC for a year and a half term (what’s their American name again?) – and am holding more than 50% cash in my trade acct. I think we’re hitting some pretty gnarly support and should see a bounce (dead cat) – the next thing I’m using to short is TWM (Russel2000). If it gets down below 70 it’s probably a buy – but I’ll need to keep watching that area.

In the meantime I just hope that my mutual funds in my bank’s hands are conservative enough – they conserve; I take my calculated risk.

]]> By: kevin duffey http://20smoney.com/2008/09/17/money-in-your-20s-five-reasons-why-your-20s-are-the-most-important-decade-of-your-life/comment-page-1/#comment-841 kevin duffey Wed, 17 Sep 2008 18:53:17 +0000 http://20smoney.com/?p=226#comment-841 Did you change your opinion of SKF? What might take SKF higher, is Morgan Stanley the next to go? Did you change your opinion of SKF?

What might take SKF higher, is Morgan Stanley the next to go?

]]> By: kevin duffey http://20smoney.com/2008/09/17/money-in-your-20s-five-reasons-why-your-20s-are-the-most-important-decade-of-your-life/comment-page-1/#comment-840 kevin duffey Wed, 17 Sep 2008 18:52:45 +0000 http://20smoney.com/?p=226#comment-840 torbjorn: You make a great point. Where are you putting money these days? torbjorn:

You make a great point. Where are you putting money these days?

]]> By: torbjorn rive http://20smoney.com/2008/09/17/money-in-your-20s-five-reasons-why-your-20s-are-the-most-important-decade-of-your-life/comment-page-1/#comment-838 torbjorn rive Wed, 17 Sep 2008 15:19:13 +0000 http://20smoney.com/?p=226#comment-838 It's true about starting the leaning curve now. In reading a trading blog recently this options trader (very bearish) said '...if you're in your 20's be glad you're losing [some] money in your 20's. There are 50 and 60 year olds losing their shirts (and houses) off their backs as we speak." At the moment I'd keep conservative, but with a keen eye on both bearish and future opportunities. It’s true about starting the leaning curve now. In reading a trading blog recently this options trader (very bearish) said ‘…if you’re in your 20′s be glad you’re losing [some] money in your 20′s. There are 50 and 60 year olds losing their shirts (and houses) off their backs as we speak.”

At the moment I’d keep conservative, but with a keen eye on both bearish and future opportunities.

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