Financial Guide to Designers

Out of context: Reply #191

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  • tkmeister0

    when you save, make sure you are getting 4.5-5% interest. otherwise you are losing the $ value. i think the annual inflation rate is around 3-4%. so you need to make sure your money grows and not just sit somewhere.

    80% of my money is in stocks/funds. they gain average of 15-20% annually. 20% cash i have is sitting in 5% interest saving account. just make sure you diverse your investments. if you don't wanna lose, you maybe better off getting a SP500 fund.

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