This is what BobPisani has learned about investing after reporting on financial markets for 29 years. investinyou (In partnership with acorns.)
The biggest mistake I see investors make is they do not have a plan, or they have a plan and they do not stick to it because the markets drop and they come to doubt their strategy. The strongest and most sound plan is to be a long-term investor, do not time the markets and just stay put.
Have a smartly diversified portfolio of global stocks and bonds and a little cash. Most importantly, figure out how much you need to save each year to get to your retirement goal and assume about a 6% return for a diversified portfolio.from the floor of the New York Stock Exchange talking the retirement crisis, how to make the most of compound interest, markets and more! You can tweet
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