We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.
I am not wealthy enough for venture funds or other alternative investments. My simple goals are an interesting, adventurous, and pleasant life, and some prudent capital preservation. I have a million hobbies and interests. I have no interest in the American notion of retirement. Kids are mostly educated, which absorbed much more of my income that the mortgage did (and does). I've been advised to keep a sizable mortgage until death or severe illness.
I agree with his basic advise but he says, "If you need a new car, you need a new car." He might not have meant it literally, but nobody needs a new car and nobody needs to buy something that loses value so quickly. My advise would be to buy a good used car that is 2 to 5 years old, take care of it, and then drive it till the wheels fall off - in other words, till repairs start getting expensive.
Good investment advice can only be evaluated years later. And even then it does not mean the advisor was good he may have been lucky. I think today we are about in the same place the world was in mid 1929. What would have been good advice in mid 1929? If my guess is correct bad advice would be to put your money in stocks, bonds or banks. But then what would be good advice? I am honestly not sure, but: Pay off the mortgage, buy some food, have an alternative way of heating your home(such as a wood stove), have at least one good car with good tires but preferably a few years old and not a luxury or top of the line vehicle. Buy some silver (rounds not bars and junk silver might be best). Have a savings account in a large friendly nation just North of us and put a few thousands there (exchange rate is perfect right now to do this). Put your money/income into multiple solid credit unions (as opposed to banks), not $50K or more but what you would need day to day and in the event of an emergency.