“This creates a kind of snowball effect in that you keep increasing the amount that you pay on the debt that is next on the list, and each subsequent debt gets paid off faster.”
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“It would provide tax deductible interest if she needed to make a withdrawal, it would force her to pay it back, and that would discourage her from using it unless its absolutely necessary, ... If she tries to save up in a savings account, something will always come up.”
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“Theres always hope, ... Do the best you can with what youve got even if that means working longer or getting more aggressive in investments.”
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“Ah, to be young and in love, in Southern California.”
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“You can only control for what you can control. And without a really good understanding of the risk a hedge fund is taking, youre in the dark. And dont forget that what youre really buying when you invest in a hedge fund is your claim on a managers skill and insight. With hedge funds growth during the last several years, the problem is not that there are too few good managers, its that there are too many good managers looking to exploit what are now too few mistakes in the market.”
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