Investment
Investing should be easy – just buy low and sell high – but most of us have trouble following that simple advice. There are principles and strategies that may enable you to put together an investment portfolio that reflects your risk tolerance, time horizon, and goals. Understanding these principles and strategies can help you avoid some of the pitfalls that snare some investors.
The Rule of 72
Do you know how long it may take for your investments to double in value? The Rule of 72 is a quick way to figure it out.
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Weigh the potential outcomes of paying off debt versus directing those dollars elsewhere.
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Compare how the same contribution grows differently in taxable versus tax-deferred accounts.
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See how long a lump sum of savings could last based on your withdrawal rate and return.
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Calculate the dividend yield of a holding and see what that means for income over time.
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$1 million in a diversified portfolio could help finance part of your retirement.
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