[dorkwood]

> My general advice in this regard: Passive "income" for people under 25 is a pure financial trap. You need to be making active "income" and saving otherwise. All your money you earn right now should ideally be spent on developing and honing whatever edge you have in the area that interests you. And it obviously isn't the financial markets.

I think this is very true, although I'd go one step further and say that saving really isn't that important when you're young. I honestly think the smartest things I did in my twenties were to eat takeaway food for almost every meal and pay a bit extra to live really close to work. People told me I was wasting my money, but all the extra study I got done helped me 5x my salary by the time I reached my thirties.