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Everyone gets this wrong about building wealth - Financial Advisor Chris Bourne

Making Money

NOTE

Understanding Market Knowledge, Costs, and the 4% Rule

Having knowledge of various markets is essential for financial advisors to determine value in management styles. It is crucial to keep costs low in investing and only pay for value. The 4% rule, based on the Trinity study, suggests a safe withdrawal rate for retirement, but some financial advisors do not consider it reliable for long-term planning.

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