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Comment on Long Term Investing Takes Faith by My Finance X

Comment on Long Term Investing Takes Faith by My Finance X

How does one take thousands of dollars each year, proverbially bury that money in the ground, and then assume that the money will multiply tenfold in the subsequent 30 years? The simple answer: long term investing takes faith. Countless what ifs… What if the economy falters? What if companies fail, your real estate market declines,…

Comment on The Market Crash Is Coming! (…Eventually) by Nikita Gaonkar

Comment on The Market Crash Is Coming! (…Eventually) by Nikita Gaonkar

Here on the Best Interest, I provide a lot of “you should be investing!” advice. I talk about the power of long-term investments. And stock market strategies. And even about my specific investment choices. But today is different. Today’s post is about the upcoming market crash. Well…it’s coming eventually. Perhaps you’ve come to believe that…

Comment on Average Net Worth Targets by Age by Jesse Cramer

Comment on Average Net Worth Targets by Age by Jesse Cramer

Let’s look at net worth targets by age. Mean, median, and various percentiles. How much money should you have as you age? How should your average net worth grow? Digest the 25th, 50th (i.e. median net worth), and 75th percentile data below. Apologies to my international readers—most of this data is pulled from or targeted…

Comment on Average Net Worth Targets by Age by Anonymous

Comment on Average Net Worth Targets by Age by Anonymous

Let’s look at net worth targets by age. Mean, median, and various percentiles. How much money should you have as you age? How should your average net worth grow? Digest the 25th, 50th (i.e. median net worth), and 75th percentile data below. Apologies to my international readers—most of this data is pulled from or targeted…

Comment on Does “Buying the Dip” Work For Bitcoin? by Jesse Cramer

Comment on Does “Buying the Dip” Work For Bitcoin? by Jesse Cramer

We’ve covered that “buying the dip” is a sub-optimal strategy for purchasing stocks. Here’s the rationale that we discussed two weeks ago. But a few readers asked if the same logic applied to Bitcoin… Bitcoin is more volatile than stocks. It’s constantly bouncing up and down. So perhaps a “buy the dip” strategy would have…

Comment on Does “Buying the Dip” Work For Bitcoin? by FreshLifeAdvice

Comment on Does “Buying the Dip” Work For Bitcoin? by FreshLifeAdvice

We’ve covered that “buying the dip” is a sub-optimal strategy for purchasing stocks. Here’s the rationale that we discussed two weeks ago. But a few readers asked if the same logic applied to Bitcoin… Bitcoin is more volatile than stocks. It’s constantly bouncing up and down. So perhaps a “buy the dip” strategy would have…