Totally agree, Chuck. One thing to note: even if you do have enough to do some asset allocation, you need the savings pad to avoid having to sell at a potentially bad time! Like, say, after the crash in 2008 or right now.

That said, if you’re young, you should strive to get some money invested via an IRA every year…even a few hundred bucks. 30 years later it will be significant.

Berkeley Backpacking Biz Lifer, System Builder, Coder, Community Organizer, Music and Evolutionary Biology Geek. Sign up and my projects at

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