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Search resuls for: "Bogle"


2 mentions found


☆ My uncle retired early at age 56 after living by 3 money rules his whole life
  + stars: | 2021-02-08 | by ( Chloe A. Moore | Read More | Read Less | ) www.businessinsider.com   time to read: +7 min
After teaching himself about money, my uncle retired at age 56 and paid off his mortgage in eight years. Save early and save aggressivelyIt's much easier to develop the habit of saving when you're young and have few responsibilities. Saving early gives your money time to grow, and you can take advantage of compound interest. In addition to saving early in his career, my uncle aimed to save at least 15% of his income. For example, if you start saving just five years later (at age 30), you'll need to set aside 18%.
☆ I'm ditching mutual funds and switching my retirement savings to ETFs for 4 key reasons
  + stars: | 2020-08-26 | by ( Eric Rosenberg | Freelance Writer | Read More | ) www.businessinsider.com   time to read: +5 min
Over time, my strategy has shifted from a focus on mutual funds to a focus on exchange-traded funds (ETFs). While ETFs and mutual funds are similar in most aspects, several key benefits make ETFs a better choice for the average investor. If that sounds a lot like a mutual fund, it's because this is how mutual funds work too. Until the 1970s, virtually all mutual funds were actively managed investment funds. While there are still fewer ETFs than mutual funds, there's enough selection that your needs, like mine, are likely covered.
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