https://padlet.com/zhiyue_lin/48d90vfjhpg2 Investment Strategies en-us 2019-12-13 02:02:04 UTC 2019-12-13 02:14:04 UTC hello@padlet.com zhiyue_lin https://padlet.com/zhiyue_lin/48d90vfjhpg2/wish/423634349 After you retire, you want to look at the investments you already have and see if you can reallocate them to provide more income (Investing 11). Retirees mostly have to focus on growing the capital they already have. This is necessary so that they don't outlive their investments. After retiring, you also have to be careful that your capital grows enough to beat inflation, which decreases the costs of your assets.

]]> 2019-12-13 02:03:44 UTC https://padlet.com/zhiyue_lin/48d90vfjhpg2/wish/423634349 zhiyue_lin https://padlet.com/zhiyue_lin/48d90vfjhpg2/wish/423635012 The biggest ally on your side in youth is time. There are decades ahead of you for interest to compound on your savings, so it's important to build a savings account now. You should put about 10% of your income towards retirement as well (Investing 11). So basically, the difference between investing during your youth and investing during your later years is that when you're young, you want to build assets. When you've retired, you want to help those assets grow (Investing 11). ]]> 2019-12-13 02:07:00 UTC https://padlet.com/zhiyue_lin/48d90vfjhpg2/wish/423635012 zhiyue_lin https://padlet.com/zhiyue_lin/48d90vfjhpg2/wish/423635620 When I graduate college, I want to put as much money towards retirement and into a savings account as possible. Basically, I want to save all or most of the extra money I have every month. I will be able to do this because my parents have offered to pay for my college tuition, so I will not have to deal with large debt payments. After ten years or so, I want to start investing in stocks and bonds after doing careful research. Hopefully, that can earn me some extra money. I should also be using that time to put money towards my kids, a larger house, etc. Finally, when I'm getting ready to retire, I might shift assets into a more stable form, like a mutual fund. ]]> 2019-12-13 02:09:57 UTC https://padlet.com/zhiyue_lin/48d90vfjhpg2/wish/423635620