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Investing 3: Smooth Spending & The 401K
Planet Money Summer School
Is It a Good Idea to Approach Investing With a Life Cycle Approach?
Lance armstrong: The life cycle hypothesis attempts to describe how people actually behave. He asks whether it's a good idea to approach investing with this theory in mind. Lance says some debt is not necessarily bad if you are using it to make a smart investment that you expect to pay off later in life.
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