How to Know When to Risk More

How to Know When to Risk More

Risk Management It’s the forecasting and evaluation of financial risks together with the identification of procedures to avoid or minimize their impact. Thus and in theory, I can use it to benefit from the upside of assets with more risk (potentially more return). While managing the downside for the overall portfolio (not getting wiped out in…

Compound Interest GrowtoRetire

The Power of Compound Interest

The Most Powerful Force of the Universe One of the most cited quotes ever is the one attributed to Albert Einstein, that “compound interest is the most powerful force of the universe”.  Although there’s no evidence that Albert Einstein actually said this, the idea behind this sentence is that if you use compound interest in your…