Oct 202006
I was reading the dividend guy blog and he had a post about an article on CNN Money titled 25 Rules to Grow Rich By.
Rules #7 is:
“To figure out what percentage of your money should be in stocks, subtract your age from 120.”
Nice, I should invest 101% of my money in stocks!
I was always told that you should own “your age in bonds”. In other words, since I’m 30 years old, I should be 30% in bonds.
I guess in today’s world, that’s considered too conservative.
Same here HJL. I’m not comfortable with high ninety-something percent of my cash in stocks.