I don't think he was a bad advisor, but his typical client would be someone in their 50s or later; someone who needs to start shifting to fixed income or bond funds. For me, in my 20s, I saw no need for that stuff; I wanted to be all in on stock.

And if it goes badly — like a recession popping up right after you help them, you can end up the target of frustrations and strain a relationship.

That's one of my biggest worries. Stock valuations are pretty high right now, so it's possible they could fall .. a lot. For someone just starting out, a 10-20% drop is a big deal.

Then, there's the fact that what worked for me might not work for them. When I entered the workforce in the early 90's, all I knew was "buy stocks" and "buy real estate". Both those markets have gotten really frothy over the years and I don't think they're going to continue giving the same gains that my generation got. Young folks today might be better off with their Hawk Tuah coins or Skibidi bonds or whatever. 🙂