The group has been in an uproar these past couple of days, with everyone analyzing the Fed’s meeting. Things like the vote not being unanimous, Powell leaving things hanging in his speech, and whether or not there will be more rate cuts—honestly, as a retiree, most of it just sounds confusing to me. But there’s one thing I do understand: on big days like this, even the slightest shift in the news can send stocks and crypto prices soaring or crashing for hours.

That’s why I’ve always stuck to a few simple rules. I only keep a little pocket money around to play with BTC and ETH, just for fun and to have something to look forward to. Those 10x or 20x leveraged contracts? I don’t touch them, let alone do anything as crazy as borrowing money to go all in. Whenever the Fed meets or there’s some major announcement, I just sit back, drink my tea, and watch the show. It’s never too late to make a move after the market has settled down and the hype is over.

You have to hold on tight to your retirement money—being an observer always pays off more than acting on impulse.