Question of the day:Q. Should I invest in my retirement fund or a college fund for my kids?A. Invest in your retirement.Reason: You can get education loans, but just try to go to the bank and get a retirement loan!!
Jim Cramer often makes that point about putting away money for the kids’ college as opposed to funding retirement plans. He advises to focus on building assets in retirement accounts for just that reason. There are more alternative sources of funds for college.
Thoughts are not a very good deal for the one giving them. Its only a penny for your thoughts, yet you give your 2 cents worth. So in total, you lose a penny by giving your thoughts.
Kaputnik about 9 years ago
If nobody will pay good money for your thoughts, you probably should have learned a trade.
David Huie Green LosersBlameOthers&It'sYOURfault about 9 years ago
A good education is a valuable thing.A bad education is an expensive waste of time and money.Educating a fool is dangerous.
tuslog64 about 9 years ago
Question of the day:Q. Should I invest in my retirement fund or a college fund for my kids?A. Invest in your retirement.Reason: You can get education loans, but just try to go to the bank and get a retirement loan!!
mpguy2 about 9 years ago
@exturk
Jim Cramer often makes that point about putting away money for the kids’ college as opposed to funding retirement plans. He advises to focus on building assets in retirement accounts for just that reason. There are more alternative sources of funds for college.
banks00wv about 9 years ago
He’s gonna end up a very well educated hamburger flipper.
markmoss1 about 9 years ago
A dollar won’t buy as much now as a penny did when that saying was invented.
Partyalldatyme about 9 years ago
I recall a Wizard of Id from many years ago:
Bung: A penny for your thoughts?Duke: “A fool and his money are soon parted.”Bung: That’s not bad— here’s your penny.
Marathon Zack about 9 years ago
Thoughts are not a very good deal for the one giving them. Its only a penny for your thoughts, yet you give your 2 cents worth. So in total, you lose a penny by giving your thoughts.