Easy-to-use financial rules of thumb have always captured public interest, whether they are presented in best-selling books, TV talk shows, or, most recently, short TikTok videos. The allure of these ...
Rules of thumb are common in financial literature. Who can disagree with “buy low, sell high” or “decrease your risk exposure by diversifying your portfolio”? Author and retirement planner Dana ...
Let's talk about an expression you've probably heard before: "rule of thumb." This phrase is a handy way of saying, "Here's a general guideline that works in most cases." A rule of thumb isn't about ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. David Kindness is a Certified Public Accountant (CPA) and an expert in the fields of financial accounting, ...
Some financial advisors can be rather critical when it comes to financial planning rules of thumb, or heuristics that provide general guidance to households about how to invest, save or potentially ...
General rules of thumb aren't the best way to decide how to prepare for retirement. You may hear that you should max out your 401(k), but that's not always the best approach. The 4% rule to determine ...
In this article I cover a classic strategy that combines three fundamental factors into a score used to identify promising value stocks. The AAII Fundamental Rule of Thumb screen combines the ...
Thumbs up for simple rules of thumb. Source: Carlos Pereyra/Pixabay Have you ever wasted precious energy on making minor decisions? If you're anything like me, you’ll find long periods of debate ...
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