The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/sorry-stanley-and-danko-wrote-quotthe-24521250.aspx

Subject:  Re: Distribution of a 401k Date:  8/29/2006  2:37 AM
Author:  RetireAtFifty Number:  53388 of 75791

Sorry, Stanley and Danko wrote "The Millionaire Next Door". Siegel wrote "Stocks For The Long Run".

<<< <<<First let me say we live an incredibly frugal lifestyle, one that would make Jeremy Segal, author of "The Millionaire Next Door", jealous. Also, I have almost $1,000,000 in mortgage debt.>>>

Now that's funny!!!!!! >>>

Yes, and my assets are 20% of $1M, plus recent appreciation, 401k, IRA, etc. I do need to create a business entity to get the debt - and the liability - out of my personal name. Often I get a hard time from banks when I use Other People's Money to do investing because of a high debt-to-income level.

But that is a story for another discussion board...
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us