avatar
· Views 287
How to become rich: Nine golden personal finance rules that may help you make money | Ashish Aggarwal To take control of your money and become wealthy, follow personal finance rules like the Rule of 72 for estimating investment doubling time, age-based asset allocation, and the 50-30-20 budgeting rule. The Rule of 72 can be used to illustrate the long-term implications of these charges to the fee that reduces investment gains. The investment principal of a mutual fund with a 3% annual expense fee will be cut in half in about 24 years. In six years, the amount owed by a borrower who pays 12% interest on their credit card (or any other type of loan that has a compound interest) will have doubled," said Ashish Aggarwal. Learn More: https://www.livemint.com/money...

Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

avatar
Reply 0

Leave Your Message Now

  • tradingContest