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Learn how to invest your surplus dollars and start saving for financial independence. A simple Warren Buffet blessed approach is 90% VOO and 10% BND. Save 25 ti

Learn how to invest your surplus dollars and start saving for financial independence. A simple Warren Buffet blessed approach is 90% VOO and 10% BND. Save 25 times your annual spending and never work again. Think of your extra dollars as employees and put them to work for you. http://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/ http://www.mrmoneymustache.com/2012/01/13/the-shockingly-sim...

toomuchtodo 9y ago
Underrated comment.
vdnkh 9y ago
Do you have any good guides for beginner investing? I save most of my salary but have no idea where to get started with investing.
- akg_67 9y ago
  Start here https://www.bogleheads.org/wiki/Main_Page https://www.bogleheads.org/wiki/Main_Page
  - vdnkh 9y ago
    Awesome thanks!
- ptr_void 9y ago
  I'd advice against that, I don't think stock market is for beginners unless you are into gambling. Here's a good set of lessons, something that will give you enough info to know why you shouldn't put money into stock market: https://www.youtube.com/playlist?list=PLK78nVl6dRdUemHszve34n0eb190K6FS8 https://www.youtube.com/playlist?list=PLK78nVl6dRdUemHszve34...
  - ShinyCyril 9y ago
    Playing the stock market is just one facet of investing, and a widely-discouraged one at that (e.g. market timing). Long-term investments favour index trackers so that you can gain from the performance of the market as a whole.
    - ptr_void 9y ago
      I've also heard: there shouldn't be any grantee for market as a whole to go up.
  - loco5niner 9y ago
    Hmm... this is that Pharmaceuticals guy who got arrested for securities fraud. https://en.wikipedia.org/wiki/Martin_Shkreli https://en.wikipedia.org/wiki/Martin_Shkreli Not saying that's bad or good... just interesting.
- Abdur91 9y ago
  same here.I have been saving my salary since day first but dont know where to invest :(
quidzach 9y ago
The biggest hole in this premise is that it assumes you own your home/place to live, or are willing to live in a cardboard box. Sadly, most of us do not own or want to live in a cardboard box.
- baccredited 9y ago
  'The average pay for a Software Engineer is $80,825 per year.' http://www.payscale.com/research/US/Job=Software_Engineer/Salary http://www.payscale.com/research/US/Job=Software_Engineer/Sa...
  - kahrkunne 9y ago
    'The average salary for a Software Engineer is €41,227 per year.' Not everybody is American, you know
- toomuchtodo 9y ago
  How about an Airstream or a sailboat? http://www.bumfuzzle.com/us/ http://www.bumfuzzle.com/us/ You are doing yourself a disservice if you think you must live in a high COI area to have a well paying job. Also, if you think you need to live in traditional housing to have a high standard of living or to be socially accepted.
  - jfoster 9y ago
    For some people perhaps, but I think there's quite a large portion of the population who are pretty happy with more traditional forms of housing and would like something simple & secure but also affordable.

toomuchtodo 9y ago

Underrated comment.

vdnkh 9y ago

Do you have any good guides for beginner investing? I save most of my salary but have no idea where to get started with investing.

akg_67 9y ago
Start here https://www.bogleheads.org/wiki/Main_Page https://www.bogleheads.org/wiki/Main_Page
- vdnkh 9y ago
  Awesome thanks!
ptr_void 9y ago
I'd advice against that, I don't think stock market is for beginners unless you are into gambling. Here's a good set of lessons, something that will give you enough info to know why you shouldn't put money into stock market: https://www.youtube.com/playlist?list=PLK78nVl6dRdUemHszve34n0eb190K6FS8 https://www.youtube.com/playlist?list=PLK78nVl6dRdUemHszve34...
- ShinyCyril 9y ago
  Playing the stock market is just one facet of investing, and a widely-discouraged one at that (e.g. market timing). Long-term investments favour index trackers so that you can gain from the performance of the market as a whole.
  - ptr_void 9y ago
    I've also heard: there shouldn't be any grantee for market as a whole to go up.
- loco5niner 9y ago
  Hmm... this is that Pharmaceuticals guy who got arrested for securities fraud. https://en.wikipedia.org/wiki/Martin_Shkreli https://en.wikipedia.org/wiki/Martin_Shkreli Not saying that's bad or good... just interesting.
Abdur91 9y ago
same here.I have been saving my salary since day first but dont know where to invest :(

quidzach 9y ago

The biggest hole in this premise is that it assumes you own your home/place to live, or are willing to live in a cardboard box. Sadly, most of us do not own or want to live in a cardboard box.

baccredited 9y ago
'The average pay for a Software Engineer is $80,825 per year.' http://www.payscale.com/research/US/Job=Software_Engineer/Salary http://www.payscale.com/research/US/Job=Software_Engineer/Sa...
- kahrkunne 9y ago
  'The average salary for a Software Engineer is €41,227 per year.' Not everybody is American, you know
toomuchtodo 9y ago
How about an Airstream or a sailboat? http://www.bumfuzzle.com/us/ http://www.bumfuzzle.com/us/ You are doing yourself a disservice if you think you must live in a high COI area to have a well paying job. Also, if you think you need to live in traditional housing to have a high standard of living or to be socially accepted.
- jfoster 9y ago
  For some people perhaps, but I think there's quite a large portion of the population who are pretty happy with more traditional forms of housing and would like something simple & secure but also affordable.