The 10/30/60 Rule shows it’s just as important to use a carefully developed investment strategy in retirement as it is during your working life.
When markets fall by as much, and as quickly, as they have recently, it’s easy to conclude that it’s time to move all your assets into a safer haven.
The Sharpe ratio can help you determine the investment choice that will deliver the highest returns while also considering risk. Find out what it is, and how you can use it…
Most of us delude ourselves about our investments. For example, we talk about our winners while the losers sit quietly in the bottom drawer. The biggest delusion is not adjusting rates of return for inflation, using what is known as the real rate.
Compound interest is the interest calculated from an initial sum of money which is then added to the total which increases each time that interest payment is paid out.
How long does it take to double your investment? By applying The Rule of 72, you’ll be able to answer that question since it is an easy mathematical formula.
Planning for your retirement and working out how much you’ll need to enjoy a good standard of living after your working years can be a complex task, and one factor that needs to be considered is inflation.