To keep our finance on the right track in the year, baby boomers need to remind ourselves the following Ten Don't:
* Don't try to predict the future.
* Don't try to pick one winning investment. Diversify.
* Don't stop contributing to 401(k) and other retirement accounts
* Don't make sudden moves.
* Don't pay high management fees.
* Don't invest in anything you don't understand.
* Don't give up on stocks.
* Don't follow the herd.
* Don't take more risk than you can handle
* Don't over spend
* Don't try to predict the future.
* Don't try to pick one winning investment. Diversify.
* Don't stop contributing to 401(k) and other retirement accounts
* Don't make sudden moves.
* Don't pay high management fees.
* Don't invest in anything you don't understand.
* Don't give up on stocks.
* Don't follow the herd.
* Don't take more risk than you can handle
* Don't over spend
David,
Those are good starting points. Good advice for not falling back but clearly if you are smart you are learning new things and building a second income, residual preferably.