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Author: mtbogre Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 5084  
Subject: Re: Poll: Most important steps to FIRE Date: 2/25/2004 7:00 PM
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Number 1 and number 2 are the same if you think about it.

If you had $250 extra this month would you put it towards an existing debt (auto loan or CC) or towards an investment account?

Also, I think a passive investment strategy works great.

What by this? are you referring to paying off your house so you build equity?

There is quite a bit of sense to this. I find it funny that some people put there money into CDs and other low interest savings vehicles at less than 5% interest when they are paying out 5% or more in interest on their house payment. Maybe I'm way off the mark...

-- Dennis

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