Rules For Retirement You Should Ignore!
Phrases like “buy low and sell high”, “pay yourself first”, and “save 3-6 months living expenses for emergencies” are so common. This is understandable, especially in personal finance, because these commonly dispensed bits of advice provide an easy-to-remember rule-of-thumb for navigating the complexities of financial and investment decisions.
But rules of thumb in finance aren’t always helpful and aren’t always good advice.
On the Mater Dei Radio Show, Ashley Micciche discusses a few rules-of-thumb that you’ll need to better understand before applying it to your situation, and in some cases, you’d be better off ignoring some of these all together!
