[quote=squat300]earlyret, i think what you’re saying is, there are lots dumber things you could do with money…

and that’s true…

but I’d say there are smarter moves, too…

for the dumbest, it’s not all that risky to pay off the house.

luckily, with college tuitions on the horizon for the next 12 years or so, I will be fortunate to not have any extra money to worry about…[/quote]

Oh yeah. By no means am I saying this is the smartest thing you can do with your money. Not at all. As mentioned, it only makes sense after your already well diversified or want to limit what you already have in the stock market or other investments/real estate.

I know how you feel about saving up for college. With young kids I started saving the day they were born and plugging away each year. It’s insane the prices of some colleges these days and I can’t imagine what it will be in the next 12-14 years once my kids hit college.