If you would listen to Rob Weagley tell it, it’s a foolish game to try and pursue early retirement. He was recently quoted in The St. Louis Post-Dispatch speaking approvingly of bloggers that encourage readers to get out of debt, but he took a needless shot at investors pursuing an early retirement. Here’s his full quote on the usefulness of the personal finance blogosphere:
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“There are dozens of similar blogs on the Internet in which people who aren’t financial experts share stories and tips for dealing with money.
They are generally a good thing, because they motivate readers to improve their finances, says Rob Weagley, who chairs the department of personal financial planning at the University of Missouri-Columbia.
“I think these bloggers can sometimes get people excited, turn the switch on and get them to actually do something.”
That said, he notes that not all the advice is good.