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andron

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  1. No. It's a bad idea. You own the house free and clear. You would be taking a chance for no good reason.
  2. agree with enoch01. for the price ($0) the Berkshire letters are unbeatable. keep your costs down. Be a cheap SOB (within reason) and learn as much as possible. I'm into audio while driving and listen to Financial sense newshour every week. lots of good interviews (not necessarily pure value investing but i think its good info)
  3. SAVE! save save save and then save some more. cut expenses where you can (not too much so that you are unhappy because you will then stop cutting expenses), have a big pile of money then start investing. if you only have 1K and want to invest now keep expenses as low as possible with 1 pick and go with it. Personally I've found the psychology of investing the most difficult to master. Seeking wisdom by peter Bevelin or the munger psychology of misjudgements speech are both very good.
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