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Originally Posted by TheBull  Good for you! I read somewhere recently that those in their 20's should be actively encouraged to start their own businesses before they get too tied to some corporate career or other obligations, namely children. The point of the article was that it is far less painful to start one or more businesses early on and have them fail that trying to do so later on. You could have several startups not succeed and still have time to recover or get back into a more traditional career field. Of course no one wants anyone else to fail, but you get the idea :-) |
Yep. I only wish I took more risks in my twenties. Hell, I would have settled for just not having my head up my ass while I was in my twenties. Not that I'm ancient or anything (30), but the older you get the more conservative you have to become with your money-making endeavours.
It's like stocks and bonds. When you're younger you can hold more stocks in your retirement portfolio. As you get older, you're supposed to convert more to bonds to get ready for retirement.
If you're in your twenties, I say go all out. Do your research, but don't be afraid to throw as many things against the wall in the hopes that one of them will stick.