5 ms·
Did you miss the reference to John Boggle? Did he recommended to put the majority of your assets in a savings account?
by lixtra 5y ago
Did you miss the reference to John Boggle? Did he recommended to put the majority of your assets in a savings account?
- Aaargh20318 5y agoReturns on my investments (through both my mortgage and pension) are negligible as well, and considerably more risky.
- zhdc1 5y agoMost pensions aren’t going to give you more than 1-2% over the risk free rate. You’re better off aiming to save another x% more of your after tax income and investing through your pillar 3 equivalent (IRA in the states) and, once your tax advantaged plans are maxed, through your own account.
- horrified 5y agoMSCI world hat positive returns in all but three years since 2007: https://www.msci.com/documents/10199/178e6643-6ae6-47b9-82be-e1fc565ededb https://www.msci.com/documents/10199/178e6643-6ae6-47b9-82be... Granted the -40% in 2008 were brutal, but even that would have been compensated in a few years.