Investing Lessons From The Comfortably Retired

During a recent visit with my uncle Roland at his expensive gated retirement community, he introduced me to a group of his neighbours, many of whom had returned from their Florida winter homes and appeared tanned and fit. They seemed very comfortably retired, although none admitted to having gold-plated pensions. Instead, all credited their wealth to long-term holdings in the stock market. Were there any investing lessons these retirees could offer? “Don’t gamble,” said...