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It is easier to raise your cholesterol if its too low rather than lower it. So based on that I would say that higher cholesterol is worse than too low.
Too little cholesterol level IS dangerous in its effect on hormone secretions.
Easy to follow low cholesterol diets can be found at www.webmd.com/cholesterol or www.changingshape.com and www.healthcastle.com/low-cholesterol-diet.shtml
Cholesterol comes from fat in the meat and dairy groups, along with animal organs and lard, which is an oil from pigs. You need to eat low or no cholesterol foods, and if your high cholesterol is hereditary, you may need to take a cholesterol-lowering drug, like Simvastatin.
To cook low cholesterol meals you need to base them off of foods low in cholesterol themselves. http://allrecipes.com/Recipes/healthy-recipes/low-cholesterol/main.aspx has over 3,000 low cholesterol meals you can try.
The American Heart Association offers a book on the market related to low cholesterol menus. You can purchse this book on Amazon or at your local bookseller/shopping center. Another book out in the market is Betty Crocker's Low-Fat Low-Cholesterol Cookbook. This, too, can be found online or at your local bookseller.
Some people are naturally low or high in cholesterol just like some people have high or low blood pressure. Concluding that Obese People can Have Low Cholesterol
According to http://cholesterol.emedtv.com/cholesterol/low-cholesterol-foods.html fruits, veggies and whole grains are low in cholesterol. It also states that you should look for foods low in saturated and trans fats.
There are many low cholesterol recipes available. I have provided a link which should help you in your search: allrecipes.com/howto/lower-your-cholesterol
Answer queston of how many cholesterol should one consume on a low cholesterol diet?
Abnormally low cholesterol is called hypocholesterolemia.
According to the American Heart Association, a LDL of 107 is good. That said, a HDL of 35mg/dl is perhaps too low.