the key with money/investing is you want to stay alive long enough to get lucky.
if you sock away money every month, make sure you have 6 months of living expenses off to the side for emergencies, bet ~20% on crazy things with unlimited upside and the remaining 80% in a very traditional way, you stand a good chance over the very long term.
just make sure that when things get rocky you are one of the strong hands and only sell when you want to.
as for the dollar values etc ... totally tied to city-specific cost of living ... totally impossible to compare between individuals (e.g., family vs. single, country-specific tax codes, medium and long term financial goals).
if you sock away money every month, make sure you have 6 months of living expenses off to the side for emergencies, bet ~20% on crazy things with unlimited upside and the remaining 80% in a very traditional way, you stand a good chance over the very long term.
just make sure that when things get rocky you are one of the strong hands and only sell when you want to.
as for the dollar values etc ... totally tied to city-specific cost of living ... totally impossible to compare between individuals (e.g., family vs. single, country-specific tax codes, medium and long term financial goals).