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I basically learned something I thought I knew - debt is bad. Really bad. We survived but it was only because we clamped down super hard and interest rates dropped.

When times are good, cut your debt so you owe nothing. Get some savings but once you have some savings pay off the debt.

I knew lots of people who were still employeed but were freaking out because the stock market was collapsing and they were overleveraged - they had borrowed against their home to buy stock.

When April 2000, hit everyone stopped watching their stocks shoot up to watching their stocks crash - same lack of work getting done but gloomier and more suicidal.

My advice to you is:

network, network, network - now before you need it.

Something that I find hard to do myself sometimes.

Then again I have been through a bunch of crashes/mini-crashes already.

But in 2000, you could not rent a Uhaul - they were all reserved for people leaving ahead of you.

Every boom time gets more and more selective here.

Tech is not a long term career move - the ageism will get you if the boom/bust doesn't. Plan for a life outside of tech if you can.

The froth is happening. I am betting on a crash somewhere around mid 2016. Stock market is looking frothy with the real economy doing nothing. .... just like in 1991, 2000, 2008

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