This type of concentration means you have to be an excellent stock picker, something that many professionals wouldn't try.
I like to call it paying yourself first. It means putting yourself as a priority.
You still have to fuel the fire through saving. You have to keep contributing to your IRA.
I don't care when you retire. Your money can never retire.
Whenever there is a rapid change in life -- a death, a divorce, whatever -- put the money in a something that is liquid paying a decent return while you're deciding what to do.
It really changes your entire perspective when you go through an inheritance.
It is important to keep in mind that great risk exposure does not automatically guarantee greater rewards.
The economy has changed. We're going to be facing more volatility in the job arena. That can wipe you out in a heartbeat.
You bought it on sale and you end off paying more for it if you paid by credit card. Get that debt paid off and get on with it.
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