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URL:  http://boards.fool.com/okay-so-once-youve-paid-off-debt-and-piled-30656227.aspx

Subject:  Re: Retire at 30 Date:  4/27/2013  9:38 AM
Author:  ferjen Number:  72106 of 75383

Okay, so once you’ve paid off debt and piled heaps of money into savings, what do you do with it?

You’ve already gotten off track, in my book. Instead of thinking of “savings,” think of “investments.” You invest every bit of spare money you can get your hands on, as soon as you can. Like little green employees, each dollar bill needs to be kept at work for you at all times.

Back in the day, I would just empty out my bank account after each paycheck and distribute it into my investments of choice: Vanguard’s S&P 500 index fund, their small-cap value index fund, a bit went into paying off my mortgage early as well.


Terrible "advice" IMHO. He got lucky...
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