"If you are in your 50s or over..."
Yet another 50s thing viewpoint. Yes, many people seem to slow down as they age, but are they really? They have a greater storehouse of knowledge and experience to sift. This takes time. As time goes on, we all learn -- more time = more learning. Simple enough.
As far as technology goes, the pace of change is quite rapid. Maybe too rapidly for those not directly involved on the leading edge to keep abreast. If one's strength is NOT in the latest technology, they may be wiser to not compete where they are not well equipped.
However, on this thread anyway, we're investors. As such, we need to be familiar with those things which effect our investments -- the market, the financial performance of our companies, option strategies, and such. In this arena, the over 50s experience, patience, and perspective, can leverage their (usually) larger capital pool to great advantage. Although they may not see trees as well, they often see forests much clearer.
Just my thoughts, PW.
P.S. I'm under 50. |