Comments on: Why I like Your Money or Your Life http://www.bluntmoney.com/why-i-like-your-money-or-your-life/ Thu, 17 Dec 2009 12:51:43 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: bluntmoney http://www.bluntmoney.com/why-i-like-your-money-or-your-life/comment-page-1/#comment-4188 bluntmoney Sun, 31 Dec 2006 15:46:59 +0000 http://www.bluntmoney.com/why-i-like-your-money-or-your-life/#comment-4188 I agree with you about the diversified portfolio, and about not being sure I trust the government enough ;) I did know that he died young, but since several people in my own family died young of cancer (younger than him, even) as well I'm not worried about it being due to spending my money the way that works best for me personally. I agree with you about the diversified portfolio, and about not being sure I trust the government enough ;)

I did know that he died young, but since several people in my own family died young of cancer (younger than him, even) as well I’m not worried about it being due to spending my money the way that works best for me personally.

]]> By: pfstock http://www.bluntmoney.com/why-i-like-your-money-or-your-life/comment-page-1/#comment-4187 pfstock Sun, 31 Dec 2006 15:07:34 +0000 http://www.bluntmoney.com/why-i-like-your-money-or-your-life/#comment-4187 I read YMOYL a while back. There certainly is a lot of good information in this book. However, I wanted to bring up a couple of things about the book. First, Joe Dominguez, one of the book's authors died of cancer at age 58. This always left me with an uneasy feeling that the lifestyle he advocated may have contributed to his early demise. Second, the book advises investing virtually all of your money in US government bonds. I think that a more diversified investment portfolio of both stocks and bonds is a far more prudent choice. The other issue is that I would not trust the US (or any government for that matter) enough to invest my entire life savings with them. I read YMOYL a while back. There certainly is a lot of good information in this book. However, I wanted to bring up a couple of things about the book. First, Joe Dominguez, one of the book’s authors died of cancer at age 58. This always left me with an uneasy feeling that the lifestyle he advocated may have contributed to his early demise.

Second, the book advises investing virtually all of your money in US government bonds. I think that a more diversified investment portfolio of both stocks and bonds is a far more prudent choice. The other issue is that I would not trust the US (or any government for that matter) enough to invest my entire life savings with them.

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