Financial Tips for the Young and for Seniors

I have written some FAQs containing financial tips for the young and for seniors.

My basic advice is to invest in a large, well diversified, low cost fund for a long period (ie 10 years or more) and earn an average return of 6% to 8% per annum.

Some people have a target to earn 10% to 15% per annum. I think that this is too high. It is also too risky.

I have read a book by John Bogle. He felt that the return on equities in recent years have been too high by historical standards and asked investors to prepare for a period of lower growth. My estimate of 6% p.a. fits into his analysis.