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Author: RetireAtFifty Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75810  
Subject: Re: Distribution of a 401k Date: 8/29/2006 2:37 AM
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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...
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