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re: Late to the game: Investing in my late 20's

Posted on 12/27/17 at 10:04 am to
Posted by LSUgolf04
Member since Aug 2009
349 posts
Posted on 12/27/17 at 10:04 am to
quote:

Keep the 3 months set aside as your "emergency fund". Take 20 bucks and buy Dave Ramsey's book "The Total Money Makeover" Should help you out a lot. Easy read.


Did you even read his post? He has no debt. Amazes me how many people blindly recommend this book to people.

To the OP: Hope this serves as a lesson not to come to a forum to ask for investment advice.

Invest in an S&P 500 Index Fund or Total Stock Market Fund (Vanguard) if you aren't going to seek professional advice.
Posted by TheWalrus
Member since Dec 2012
40769 posts
Posted on 12/27/17 at 10:22 am to
I have a few thousand in an S&P 500 replica mutual fund, can get money out of it at any time within a couple days. Have earned a few hundred off of it since I set it up rather than have it sit in savings.
Posted by hungryone
river parishes
Member since Sep 2010
11987 posts
Posted on 12/27/17 at 10:26 am to
Not to mention that the book is available for free at any public library, so no need to spend $20 lining Dave’s pockets.
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