Chiara
Sat Jun 22 2024
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6 answers
1477
What is the 120 minus age rule?
Could you elaborate on the "120 minus age rule" in the context of cryptocurrency investing? I've heard this mentioned in discussions about asset allocation, but I'm not entirely clear on its significance. Specifically, how does this rule help investors determine their allocation to high-risk, yet potentially high-reward assets like cryptocurrencies? Is it a general guideline or a strict mathematical formula? And how does it factor in other considerations like an individual's risk tolerance, financial goals, and investment horizon? I'd appreciate a concise yet thorough explanation of this concept.
Lorenzo
Fri Jun 21 2024
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6 answers
1129
What is the 110 minus age rule?
Could you elaborate on the so-called "110 minus age rule" in the context of cryptocurrency and finance? I've heard it mentioned in relation to investment strategies, but I'm not entirely clear on its meaning or application. Specifically, how does one calculate this rule and what are the implications for investors of different ages? I'd appreciate a concise explanation that outlines the key principles behind this concept.
