The current issue of AARP magazine arrived in the mail last week. And there on the cover was Ron Howard. For many of you he's the well known film director. But to me, he's Opie from the Andy Griffith Show that ran from 1960 to 1968. On the left, he's 8 years old and now he's 55.
The Baby Boomers (according to Wikipedia there is controversy over who belongs, but those born in the years after WWII are included) are nearing retirement, and because of the market debacle of 2008 and the world's bad economy, many cannot afford to retire. Layoffs are many and job opportunities are scarce, and there may not be any alternative other than to retire and live well below the level of their dreams. A very sad situation.
Thus, I'm taking this opportunity to be certain you all realize the importance of beginning to save money at an early age and to avoid needless debt. This is not a blog devoted to personal finance or frugal living, but I encourage you to pay attention to what's going on around you, and not to forget to work at securing your future financial health.
Investing and adopting risk-reducing option strategies is one path towards future financial security. The strategies discussed here, and in The Rookie's Guide to Options, along with discipline and the ability to manage risk effectively, will place you on the proper road. Please proceed carefully.