I'm older, been self employed since 1993, dump money into my SEP, pretty much debt free (small mortgage at 2.79%). What I do may not work for many. Back around 2000 I used to daytrade, I wrote a program to crawl yahoo finance - did fine, but a rising tide lifts all boats. I realized that the S&P beats most analysts, that's been good for the past decade. Yeah, the market's probably oversold and high, but they've been saying that for five years. Hold too much money on the side, lose out. I have holdings in PM's, that's been a loser investment. Real estate has been good.
I checked my market portfolio and currently I'm 80%% in the S&P (spy). 5% in cash, the rest in AAPL, AMZN, and F (ford). NVDA has been good, CAT not so. Again, easy to do well with all the pumping.
Last year, I was probably 70% in the S&P and held a decent stake in TSLA. That stake in TSLA made me about 120K. Since it was a short term cap gain, I got boned, but it left enough to buy my daughters new rides. It was a surprise. Took them to the park, gave them three random gift boxes with three random keys- hit the remote and see which one is yours. This is why I invest.,
One is a Nurse, one a LEO, the other a pharmaceutical researcher.
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Put money away while you're young.