No. of Recommendations: 0
Geoff,

LOL!!! I've never heard that particular sentiment expressed quite so well before!

On the topic of college:

I think investing in college was not a bad investment for me (I have three degrees in subjects I love and am currently working on the fourth), but I realized the other day that I withdrew $20K in stocks to pay for it starting in 1985 (not in mutual funds, directly in stocks, mostly electric companies and other mostly safe stuff). I am afraid to calculate what that would be worth today if I had put it in VFINX at the time! So I would rate it right down there with the GIC I accidently put $500 into and forgot about for 5 years. OTOH, I would have had to work boring, low paying jobs in the meantime, and of course wouldn't have known for certain it would work, as I did know about college.

I'm just glad I didn't spend all of the money I had for college (money my parents saved for me over the years I grew up), and in addition I did manage to accumulate an adequate (although not particularly rosy) retirement fund despite working full time only 6 years of my life so far (I'm 33).

--Hyacinthe
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