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by vparikh
1013 days ago
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My simple rules about money and investing for the future: - Max out 401K and place it in S&P 500 mutual fund
- Take an additional 15% and but into an S&P 500 mutual fund
- Don't look at it, just keep buying at regular intervals until you decide to retire. The rest of your money - do what you wish (within reason) and stay out of debt. Simple? Yes. Contrary? Yes. Proven historical returns that beat inflation? Yes - https://www.officialdata.org/us/stocks/s-p-500/1973?amount=1... You can thank me when you retire :) |
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