Retiree Decalogue

Retiree Decalogue
  • Seek investment to cover my whole retirement stage
  • Ensure you have income (cash flow) needed to cover regular budget expenses
  • Seek information from reliable sources
  • Do not invest in what is not understood
  • Knowing my risk profile of investing accordingly
  • Every investment has risks. Identify them
  • Increased profitability (offered or expected) is always accompanied by increased risk
  • If you decide to manage money directly. should not put all resources in one or a few destinations. To diversify
  • Knowing the costs of any investment. If it is a service, how do I charge for it?
  • Money is not invested and consumed in money not recovered