WiseBread – May 25, 2016
This article discusses strategies to maximize a retirement nest egg. In it David Schneider points out the need for a high income and hard work that enables savings stating “I think people would be surprised to learn how hard the 1% work,” adding “You’ve got to work long and you’ve got to work hard.” He also mentions that “Over time, smaller companies do better than large stocks, and if you combine that with value stocks, you get more bang for your buck,” acknowledging that the higher potential returns were “compensation for taking the bigger risk.” Obviously, past performance is not a guarantee of future returns.
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