# Why Financial Planning Formula For Investing Suck!

When I began my lessons for investing, I was absolutely amazed that the ‘experts’ push all these Financial planning formula for investing on people.

No offense experts – but let’s get real!

I am positive you will run into these formulas over and over again.

Here’s my advice – either ignore them completely or totally take them with a grain of salt. To me, they are just time wasters and a way for a course or expert to sound as though they know what they are doing!

Related Read: Secrets on How to Invest In Dividends

## Here’s the perfect example of a time waster: Rule of 72

Let’s take any number and apply the formula.

The way the formula works is like this: 72 divided by any % of return equals the amount of years it will take you to achieve your goal.

72 ÷ 12 = 6

What is that? Can you tell me? Who knows that they will earn 12%?  That is one of the most unpredictable things in the world.

If we all knew that we would earn 12% on our investments, we’d all be doing it!

Another formula is based on your age and stocks proportions.

110 – Current Age = Stocks Allocation

The older you are the less stock investing you’ll be doing.

This may be true, but how about taking into account:

1. You don’t want to invest in stocks at all
2. What if you want to invest in a lot more than what the formula tells you
3. Everyone has different interests – why follow formulas!

My solution is this – Do your due diligence, but work out what is best for your needs, interests and amount of money you have invested!

How to Start

Firstly, if you want to learn how to become a day trader and start trading on your own with ease and confidence – Sign up for the FREE Mini Course.

Let`s get to know each other. You can learn more about my journey and how I started here.

After that, if you have any questions you can always ask me at traderchick.com. Come to my Facebook group and introduce yourself, let me know your experience with trading.

So if you are ready to go beyond the basics, learn day trading and start your dream life – check out MY COURSES.

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