Spam: Personal Finance Thumb Rule

*1. Subtract your age from 100,* *the answer is the percentage of your
investments that should be in stocks or stock mutual funds.*
*2. Keep three to six months of salary for emergency
**3. Set aside 10% of gross income for savings
**4. To retire comfortably, your investments must generate 70% to 80%
of the
income you received while working
**5. Expect the stock market to give you a 10% avg annual return over
life
time period
**6. Life insurance benefits should equal 5 times your current income
**7. Refinance your home when interest rates drop by 2 percentage
points
*

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