What is the 60/20/20 rule for portfolios?
I don't understand this question. Could you please assist me in answering it?
Does the 60/20/20 rule work?
I've heard about the 60/20/20 rule for managing finances, where 60% goes to expenses, 20% to savings, and 20% to investments or fun. I'm wondering if this rule really works in practice and if it's a good strategy to follow.