I turned 40 in the year 2005, but my life experience was someone different than my father who turned 40 in the year 1982, and I suspect that if someone was 20 today that their life experience looking back will be a bit different in the year 2035.
Yes I can give you all of the cliches from "enjoy your hair while you have it" to "i wish i put aside more in my IRA". But aside from that the lessons in your life could be different than mine.
For my father's generation (the silent generation) the path to success was a steady union job or say becoming a professional like a lawyer. However for my generation (gen x) union jobs didn't exist and many of my friends who became lawyers are doing quite badly.
So I would say that to take the advice of anyone over 40 with a grain of salt as your results may not be the same. Common assumptions of the path of success of today could be badly placed bets.
For example even though I was a hardcore Apple fanboy if you told me to load up on Apple stock in 1996 I would have thought that you were crazy. Also if you told me in the 80s that Japan would face a lost decade in the 90s followed by being in the shadow of China i would have thought that you were crazy.
>For my father's generation (the silent generation) the path to success was a steady union job or say becoming a professional like a lawyer. However for my generation (gen x) union jobs didn't exist and many of my friends who became lawyers are doing quite badly.
I wish I could up vote this more than once. the past two decades have taught us that there is no such thing as a safe job or a risk free investment
the past two decades have taught us that there is no such thing as a safe job or a risk free investment
This conclusion is what has driven me to just jump in head first to doing my own thing. I think a lot of people are searching for something "stable" and I'm not sure that really exists anymore if it ever really did.
These things ebb and flow. Now is the right time to "Jump in" as you don't lose much from joining a startup and gain a lot of potential upside. But who knows - in 30 years, it could be the return of "the Company Person".
I turned 40 in the year 2005, but my life experience was someone different than my father who turned 40 in the year 1982, and I suspect that if someone was 20 today that their life experience looking back will be a bit different in the year 2035.
Yes I can give you all of the cliches from "enjoy your hair while you have it" to "i wish i put aside more in my IRA". But aside from that the lessons in your life could be different than mine.
For my father's generation (the silent generation) the path to success was a steady union job or say becoming a professional like a lawyer. However for my generation (gen x) union jobs didn't exist and many of my friends who became lawyers are doing quite badly.
So I would say that to take the advice of anyone over 40 with a grain of salt as your results may not be the same. Common assumptions of the path of success of today could be badly placed bets.
For example even though I was a hardcore Apple fanboy if you told me to load up on Apple stock in 1996 I would have thought that you were crazy. Also if you told me in the 80s that Japan would face a lost decade in the 90s followed by being in the shadow of China i would have thought that you were crazy.