<instructions>Your goal is to analyze the following comment and estimate how highly it will be upvoted by the Hacker News community.</instructions><comment><author>01HNNWZ0MV43FF</author><text>I&amp;#x27;ll add some unnecessary fluff:&lt;p&gt;Don&amp;#x27;t invest in real estate. If it was a free lunch, someone else would eat it first. VTSAX is way less work.&lt;p&gt;All that matters is the savings ratio. Everything else cancels out. I promise. &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;www.mrmoneymustache.com&amp;#x2F;2012&amp;#x2F;01&amp;#x2F;13&amp;#x2F;the-shockingly-simple-math-behind-early-retirement&amp;#x2F;&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;www.mrmoneymustache.com&amp;#x2F;2012&amp;#x2F;01&amp;#x2F;13&amp;#x2F;the-shockingly-si...&lt;/a&gt;&lt;p&gt;So a penny saved is actually worth more than a penny earned, because it means you need less invested to retire.</text><parent_chain><item><author>spamizbad</author><text>You can distill all the advice this book has to offer into one sentence: Rather than succumb to lifestyle creep, direct your cashflow from your 9-to-5 towards other endeavors that can make you money. That&amp;#x27;s it. That&amp;#x27;s the book. There is no step-by-step guide on how to do this, just a narrative, anecdotes and a few examples mostly around real estate.</text></item></parent_chain></comment><story><title>Is &quot;Rich Dad Poor Dad&quot; a Fraud?</title><url>https://economistwritingeveryday.com/2024/02/13/is-rich-dad-poor-dad-a-fraud/</url></story>
<instructions>Your goal is to analyze the following comment and estimate how highly it will be upvoted by the Hacker News community.</instructions><comment><author>hylaride</author><text>Pretty much this.  In Canada, we have a book called the Wealthy Barber ( &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;en.wikipedia.org&amp;#x2F;wiki&amp;#x2F;The_Wealthy_Barber&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;en.wikipedia.org&amp;#x2F;wiki&amp;#x2F;The_Wealthy_Barber&lt;/a&gt; ) that came out in the late 1980s that was a fictional story of a &amp;quot;rich barber giving financial advice to young people&amp;quot;.  It essentially lays the groundwork for compound interest working in your favour and gives sensible advice on life insurance, estate planning, etc.&lt;p&gt;The TL;DR is the &amp;quot;pay yourself first and make it so that 10% of your income goes into a mutual fund before you even see the money&amp;quot;(1) and reasonably stay out of debt and you&amp;#x27;ll likely be financially successful. The other point is that money is just a tool and tools can be useful (buying food, shelter, pleasure), but can also hurt you (debt, bankruptcy, etc).&lt;p&gt;In the book he even advises AGAINST real estate because of the PITA (pain in the ass) factor of having to deal with tenants and upkeep.&lt;p&gt;1. This is the 1980s and index funds weren&amp;#x27;t yet in the zeitgeist, but subsequent revisions address this.</text><parent_chain><item><author>spamizbad</author><text>You can distill all the advice this book has to offer into one sentence: Rather than succumb to lifestyle creep, direct your cashflow from your 9-to-5 towards other endeavors that can make you money. That&amp;#x27;s it. That&amp;#x27;s the book. There is no step-by-step guide on how to do this, just a narrative, anecdotes and a few examples mostly around real estate.</text></item></parent_chain></comment><story><title>Is &quot;Rich Dad Poor Dad&quot; a Fraud?</title><url>https://economistwritingeveryday.com/2024/02/13/is-rich-dad-poor-dad-a-fraud/</url></story>