You are not alone with not having an investment background, but are well on your way to saving for a comfortable retirement. I learned long ago one thing about investing: don't invest in anything you don't understand. That will tune out a lot of the noise of sales people and fancy investments.
I learn and learned best about investing a little bit at a time. One resource for this is the Morningstar Investing Classroom: https://www.morningstar.com/start-investing/classroom
There are several sites for "backtesting" a portfolio including https://www.portfoliovisualizer.com/bac ... sisResults Here you can backtest either general allocations or specific investments.
And then for a general idea of how long a portfolio will last there are several sites such as: https://www.mycalculators.com/ca/retcalc2m.html https://www.wealthmeta.com/calculators
If you are like me and learn best a little bit at a time, check this site daily for interesting perspectives and ideas. Use the free tools online.
I learn and learned best about investing a little bit at a time. One resource for this is the Morningstar Investing Classroom: https://www.morningstar.com/start-investing/classroom
There are several sites for "backtesting" a portfolio including https://www.portfoliovisualizer.com/bac ... sisResults Here you can backtest either general allocations or specific investments.
And then for a general idea of how long a portfolio will last there are several sites such as: https://www.mycalculators.com/ca/retcalc2m.html https://www.wealthmeta.com/calculators
If you are like me and learn best a little bit at a time, check this site daily for interesting perspectives and ideas. Use the free tools online.
Statistics: Posted by Mr. Rumples — Sun Nov 17, 2024 4:40 am — Replies 3 — Views 233