“If Palome has one regret, it’s that he didn’t get better retirement investing advice somewhere along the line. “I thought I could do it on my own,’ he said.”
A word to the wise... save, preferably in pre-tax account. This guy also lost half of his $80,000 in the “financial crisis” in 2008 — of course if he had been diversified, he wouldn’t have lost that much and would have already recovered what he lost, but he also thought he is smarter than anyone else and look where he ended up.
Evidently not much wisdom in planning for the future while being a VP of marketing earning six figures. He needs to request a refund from his university.