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Money and Finances
Reply to "I'm addicted to saving"
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[quote=Anonymous]1. Emergency Fund. Stop saving once this covers 3- 6 months' expenses (depending on how secure your job is etc). 2. House downpayment 3. Retirement. For 2 you want to keep it in fairly safe investments. For 3, a tax-efficient vehicle of some kind, and at your age I would invest something like 70 percent stocks, 30 percent bonds. Find a very low fee investment vehicle - Vanguard is excellent.[/quote]
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