Tag: stocks
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Rules to Retire By
Educate yourself for a job that pays a decent income. Morgan Housel points out that “a job you merely like that pays a decent income can eventually offer a level of financial flexibility that lets you pursue passions.” Save 10 to 15% of your income for retirement. Live below your means. Andrew Tobias says there is someone making 10% less…
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The Effects of Asset Allocation
Stock funds for growth, bond funds for stability The Vanguard Total Bond Fund VBTLX passed through the Great Recession in good shape, even though it typically holds about 25% mortgage-backed securities. First and foremost, it’s a bond fund with low stock market correlation. But it also held higher quality bonds and more U.S. Government securities than other…