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That "rule" reminds me of people who proudly say "I am putting X percent of my income into my 401k (or IRA or whatever) for retirement."

So you ask them "Great, but how is it INVESTED within that 401k or whatever?" Many times you'll get the same answer (!) or a puzzled look.

I think people need to spend a bit more time learning how to invest THEIR money in their future, maybe at the loss of time staring at "American Idol" or other junk.

Again, my two cents.

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