901: Friday Q&A: Why You Should Maximize Tax-Deferred Plans, UTMA Accounts, Dividends on Whole Life, Asset Allocation, Business, Etc.
Radical Personal Finance
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Investing - The Second Most Important Decision
The second most important decision is what percentage of your money goes to stock mutual funds. The next big decisions that are going to make the difference in your personal investing outcomes have to do with your time in the market. You want to get as much money into the portfolio on the front end as possible and then you want to leave it in the portfolio for as long as possible.
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