This is a no-brainer for me.
- Pay off debts
- Invest in index funds using the couch-potato theory (equal mix of bonds, stocks, real estate index, perhaps)
I would let the fund build until it would be enough to have a down payment on a home of at least 20% of the value.
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Knowing that death is certain and that the time of death is uncertain, what's the most important thing?
—Bhikkhuni Pema Chödrön
Humankind cannot bear very much reality.
—From "Burnt Norton," Four Quartets (1936), T. S. Eliot
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