Dow hits Record 22K,,,,,,,,

[HeartachesNhangovers]

30. That's obviously not right. Lots of regular people have

used the stock market to increase their savings. Yes, you do have to educate yourself before investing. Yes, you do need to be wary of advice from people who stand to make money from you. And yes, there are no guarantees. But it's also a fact that anyone who followed the most basic advice would have made money in the US stock market over the length of time that most people work (35-45 years). What are the basics?

*Don't invest in anything you don't understand.
*You don't need a "professional" to invest your money.
*Know what fees you are paying and find a low-fee, no-load
option. These are always available.
*Follow the standard advice about diversification: riskier when
you are younger and less risky when you are older.
*Monitor how you are doing and act accordingly: If you need to
save more, do it. If you need a higher-paying job, find one. If
you can't afford certain luxuries, do without.

And yes, I know that many people won't have a comfortable retirement, no matter what they do. I'm not blaming them - that's just how life is.