This “Golden Rule” of Personal Finance Is Bunk

By Andy Snyder It’s no coincidence the savings rate in this country spiked at the same time as the stock market hit its lows.
The folks who stashed Uncle Sam’s mailbox money in the bank are still sitting on their $1,200.
The folks who put it in the stock market are likely sitting on a whole lot more.
It’s with that regret-stirring notion that we dive into a very personal and very controversial topic.
We’re sure to get hate mail. We’re sure to get a flood of notes telling us we’re wrong.
But then again… that’s when we know we’re doing what’s right.
That’s when we know we’re bucking …read more

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