No. of Recommendations: 3
His "Buckets of Money" approach is basically the good approach we know at TMF: Bucket number 1 has 7 years of living expenses very liquid, CD'S, or cash. Bucket 2 is the safety bucket, with another 7 years living expenses. Bonds, etc. Bucket 3 is the growth bucket, i.e. stocks, Real Estate, etc.

I think this is dumb, but not surprising from a huckster. Putting what amounts to 14 years of living expenses in fixed assets sounds just plain stupid to me, unless one is anxious to run out of money before they die. As for the growth bucket, most folks would consider their personal residence to be real estate, and one should never consider their personal residence to be a growth investment, unless they're young and in the defacto business of flipping houses.
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