10 Investing Rules of Thumb 👍 | Brian Feroldi posted on the topic | LinkedIn (2024)

Perfect Rules of investment

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Interesting read on 10 Investing Rules of Thumb which will help you to make smart finance decisions...

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Pretty nice cheat sheet here about investing!

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Brochures and Literature - Beginners Guide to Investing♟️💲👓🎯Investing your money for the first time is a big step. In this guide, our experts will help you get off to the best start.Everyone has a financial goal. Whether it be saving up for a holiday, a new house or creating a retirement nest egg, we all have aspirations that need financing.Most people begin by putting some money away every month into a savings account. Usually, it is only when we have built up an emergency pot, and have a bit more disposable income, that we start thinking about how we could make our savings work harder. This is when saving becomes investing.

In “Just Keep Buying: Proven Ways to save money and build your wealth”, Nick challenges much of the conventional wisdom in personal finance and investing. He uses data and evidence to answer some of the biggest questions that people face when it comes to money.Here are 7 of the many insights you will glean from the book:1. SAVE LESS THAN YOU THINK. Maggiulli shows that saving too much can actually be detrimental to your long-term wealth, as you miss out on the power of compounding and the opportunity to invest in income-producing assets. He provides a simple formula to calculate how much you need to save based on your income, expenses, and desired retirement age.2. DON'T TRY TO TIME THE MARKET. Maggiulli explains why saving up cash to buy market dips is a losing strategy, as you are likely to miss the best days of the market and pay higher taxes on your gains. He also debunks some of the common myths and indicators that people use to predict market movements, such as the yield curve, the CAPE ratio, and the presidential cycle.3. SURVIVE THE CRASH. Maggiulli reveals how to prepare for and cope with market crashes, which are inevitable and unpredictable. He advises readers to diversify their portfolio, rebalance regularly, and avoid panic selling. He also shares some of the psychological tricks and tools that can help investors stay calm and rational during turbulent times.

Welcome to our guide on the top fundamentals for successful investing.Whether you’re planning to build a nest egg, investing for your children or planning for a wealthier retirement this blog will help guide you as to the most successful investing strategies to adopt.Investing serves as a mechanism for amplifying your wealth. It can assist you in expediting the repayment of your mortgage, augmenting your retirement savings or safeguarding your child’s financial future.However, before you invest your money, be ready for a long-term engagement.Though your money is safe in a bank,fluctuating interest rates and inflation may diminish its value over time. “Consistent monitoring of your investment portfolio is crucial to ensure that it aligns with your financial objectives and you’re not excessively exposed to risks. Rebalancing is an essential practice in this process. It involves adjusting the allocations ofdifferent assetswithin your portfolio to maintain the ‘weight’ or proportion that best matches your initial investment goal.”You can read the full article here:https://lnkd.in/eKpU9B7a#investingtips

Why should you consider investing? There are different reasons for every individual as every person has different needs!#investing #personalfinance #retirementplanning https://lnkd.in/eQNHJxUY

Are you making this common investing mistake?Funding your account is one thing, but purchasing assets with those funds is another. A common investing mistake I see is when individuals start their investing journey, they set up their individual retirement account or [insert any other type of investment account here!] and set up their automatic transfer. Then, they shut down their computer and go about their day.Months or even years later, they check in to see how their “investment” account is doing just to see a balance almost precisely the same as the amount they put in.You have to use the money you put into your account to buy assets. It’s a two-step process: send money to your account and then use that money to buy an asset/invest in something.Homework: Check in on your investment accounts and ensure the money you put in there each month is automatically invested in an asset. You can triple-check this by checking your portfolio tab to see your current holdings.

Are you in your 20s or even younger? Here's a secret to securing your financial future: start investing NOW! 💼💰Why wait until you're older to build wealth when you can get a head start today? Here's why investing young is crucial:1. Compound Interest Magic: The earlier you invest, the longer your money has to grow. Thanks to the power of compound interest, even small investments can turn into significant wealth over time.2. Risk Tolerance: When you're young, you can afford to take on more risk because you have time to recover from any potential losses. Take advantage of this by investing in growth assets like stocks, which historically offer higher returns over the long term.3. Achieving Financial Goals: Whether it's buying a home, traveling the world, or retiring early, investing early sets you on the path to achieving your financial goals faster.If you have questions about investing, reach out anytime for any helpful informationhttps://lnkd.in/ekE9Xuyg

Dear Friends,Don't keep burning your savings in random casual investments.Check how long your investment will make you live your life with dignity with me in LIVE SESSION.I believe ultimately you will need to pay for everything and face the consequences of the failures of your investments.A session on "Check Your Investments And Retirement - Wealth Planning" is scheduled on 28 May 23 @ 10:30 AM, Sunday.Your investment pattern unknowingly creates a financial plan - good or bad, check and take corrective measures before it's too late.More than 90% of families make wrong investments.I am going to conduct 2 hours live session for our members so you can check your planning.Join the session with a laptop suggested to do some actual calculations with me.We have limited seats, Register Now.You will receive excel Files that we shall use in the session.The session will be locked at 10:35 am, Book your seat now.please use given link belowhttps://lnkd.in/d5sdGkyc

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