Quote:
Originally Posted by Leondros
Maybe I'm a minority here but I'm in my mid twenties, 4 years out of Uni and feel like there is nothing but opportunity here. The market is fully resetting in terms of our main economic driver (turnover of older employees, better functioning companies), the stock market tumbled last year and there were some great buys, and many indicators point to a decrease in home prices.
When I look at all the above, I would much rather be in my twenties than in my 60s (loss of job, loss of a good chunk of the equity in your house you had 2 - 3 years ago, loss of investments) in this climate.
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This is a great attitude and I'm glad to hear it. I'm assuming you and I are on different paths (I had myself established career wise in my early 20s and went back to school, just finished) but we are in an ok position. I feel the biggest difference now for someone just completing school is finding work in their field. If you can manage that, and have an education that can put you on a strong path monetarily, we're in good shape. The jobs are out there, they don't pay what someone graduating 2 years ago would expect (I took a 25% hourly rate pay cut) but for me right now, it's short term pain for long term gain.