[woofer]

I'm not old enough to have accumulated any debt (Or wealth) I hope to avoid the former and embrace the latter.

Want some free advise?

Don't buy a new car every 3-4 years,
and when you do buy a car, don't buy more car than you need.
Don't buy anything with a credit card. always pay cash.
Max out your employer's 401k or 403b plan.

[Conservative til I die]

Don't buy a new car every 3-4 years, and when you do buy a car, don't buy more car than you need. Don't buy anything with a credit card. always pay cash. Max out your employer's 401k or 403b plan.

And don't let any of these knuckleheads tell you that saving too much money is a bad thing.

[Maigrey]

Let me also add thte following:

Diversify your investments, so if the market goes soft again, you don't loose your shirt

Know the state and federal laws (or have a financial advisor who is up to date) on particular investments

Don't take your FP word for certain investments. Read up on them yourself, and you decide on how your money should be invested.

Pay yourself first. If you bank it before you see it, you'll be less likely to spend it foolishly!

[Eaker]

Don't buy a new car every 3-4 years, and when you do buy a car, don't buy more car than you need. Don't buy anything with a credit card. always pay cash. Max out your employer's 401k or 403b plan.

I'll take it a step further .....

Make sure that you make over a 100k, don't have any kids and never lose your job, have an accident, let someone fall on your porch, have a pipe break and flood your home, get a cavity, get sick, the list goes on and on.

PS: I almost forgot. Don't live on a planet that has taxes of any kind.