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Old 11-21-2005, 05:02 AM
chisness chisness is offline
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Join Date: Apr 2005
Location: Buffalo Grove, IL
Posts: 309
Default Re: Millionaire Next Door

i read rich dad then that book and realized rich dad basically stole its ideas and added a lot of useless modern examples. i appreciate your suggestion and think even more than 10% is very doable, especially at the point where i have no expenses and could theoretically put away about 80%.

if you don't mind, what kind of things could you have done to be more responsible in your 20's? does this mean you spent too much on cars, weren't making good investments, bought too big of a house?

one of my biggest (and probably big among many people) is that i can be content for a while but then once i come into more money, am always able to find something new that i could use. in college i find this particularly difficult because it's a time of freedom, but also a time where being smart can go a lon gway.

i think a real estate investment might be a very good idea because it's profitable, gives one something to do/deal with, and gives a feeling of more substance than a stock or bond.
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