100 Minus Your Age in Stocks
Have you heard about this common thumb rule that says your investment allocation should be based on your age?
Well, it is wrong.
Age should not be the sole factor when deciding what percentage of your assets to allocate towards stocks versus bonds.
You must consider other factors, like your risk appetite, goal’s timeline, and desired returns. The best strategy to build wealth over the long run is investing in a diversified portfolio based on your goals.