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My bias would be to dollar cost average money for stock purchases, rather than dumping your annual amount all at once.

Also, my personal bias is not to use money designated as savings to pay for consumer junk or consumer debt. Part of the cost of using credit to buy consumer junk is that you should expect to pay the interest charges that go along with it.


That may not be completely rational, since money is fungible, but that's the way I aim to operate. The end result is that I buy less consumer junk and usually pay nothing in interest charges to buy it ---so in the end it makes sense, at least for me.


I do give a measure of credit to such arbitrary rules to helping me achieve financial independence at age 49....




Seattle Pioneer
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