More Bread

This is my quest to get MORE BREAD (ie money), get rid of debt and other random things in my life.

Monday, October 02, 2006

Boglehead's October Project.

JLP at AllFinancialMatters has started the first ever chapter by chapter book review writing project. A differnet blogger will review a chapter of the book "Boglehead's Guide to Investing". JLP reviewed the first chapter. I haven't read the book, but from his review the books seems pretty fundatmental, again this is only the first chapter so hopefully it'll get more in depth. I did like the recommendations that come at the end of the chapter.

Finally, Chapter 1 closes by recommending three steps that people should take BEFORE they start investing.

1. Graduate from the paycheck mentality to the net worth mentality.

2. Pay off credit card and high-interest debts.

3. Establish an emergency fund.


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