25 Rules to Grow Rich By
October 20, 2006 – 5:39 amIf you're new here, I suggest you subscribe to my RSS feed. or bookmark this blog. You'll be able to easily keep up to date with new posts. Thanks for visiting!
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!
2 Responses to “25 Rules to Grow Rich By”
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.
By samerwriter on Oct 20, 2006
Same here HJL. I’m not comfortable with high ninety-something percent of my cash in stocks.
By Wilks on Oct 20, 2006