Comments on: Portfolio Update [March ’21] https://www.kyledunkerley.com/investing/portfolio-update-march-21/ Words | Music | Tech Wed, 14 Apr 2021 03:43:29 +0000 hourly 1 https://wordpress.org/?v=6.7.2 By: Simone https://www.kyledunkerley.com/investing/portfolio-update-march-21/#comment-599 Wed, 14 Apr 2021 03:43:29 +0000 https://www.kyledunkerley.com/?p=3858#comment-599 Some fantastic pearls of knowledge there that I wish everyone knew (and I don’t think about enough).

“the current [bank] interest rates (at least in the developed world) are lower than inflation”.
That’s a big deal! And kids should be taught this as early as possible.
I was taught that saving your money makes more money (which is true), but never taught how to make that money into more money!

The other one is just a fantastic goal that everyone should be aiming for when it comes to retirement, “you withdraw less than you’re gaining”.
I’m not even sure that many of our peers even think about retirement. I know I don’t.

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