For years financial managers have advised that you put your money into investments based on your age, when your younger they advise you to have the following breakdown: 60% Stocks 30% Bonds 10% Cash Then when you get older around your 40's or 50's you should change to more conservative approach with this breakdown: 40% Stock 50% Bonds 10% Cash About 10 years ago, I threw out this investment advice, I found that this advice was outdated and to conservative for the world we live in today.
20 Sep 2020 1 minute read 2 comments Superstar
OLD METHOD Dollar cost averaging is a financial method to reduce the overall risk of volatility in the price of securities over time. Anyone who has a set amount of investment per month is using the method, even if they don't know what its called. ...
19 Sep 2020 1 minute read 0 comments Superstar
As old school as I am, I have taken the bull by the horns so to speak. I researched all kinds of cryptos invested in Ethereum, XRP, and Compound. I am still new to this crazy cyber world so I am going to make mistakes, but I look at value and what...
19 Sep 2020 1 minute read 0 comments Superstar
For years financial managers have advised that you put your money into investments based on your age, when your younger they advise you to have the following breakdown: 60% Stocks 30% Bonds 10% Cash Then when you get older around your 40's or 50's yo...
