Here is another interesting piece of investment advice. This can be looked at and applied in several different ways. The main point behind this piece of advice is that the thing that people should be most concerned about saving for and putting money towards is their retirement.

One way of looking at this is that if you have the choice between dipping into your retirement fund or taking out a loan to cover some unexpected expense, it is almost always a better choice to get the loan. It is possible to get a loan to cover an unexpected expense or a big-ticket purchase, but not for your retirement.

The other aspect of this that has been pointed out is that many times people are almost too anxious to pay off debts and forget to realize that the interest rate that they may be saving on are actually lower than the returns that they could be getting by putting that extra money away.

Another point of this advice is that while the intention might be to get the debt paid off as quickly as possible and then have even more money to save, in reality, once the debt is paid, that money generally ends up getting spent on other things and not put into the retirement account.

The conclusion from all of this is that the first thing your money should go to is your retirement because you can borrow money for things now, but nobody is going to lend you money for retirement.