Is a 7% return on investment good?
I'm curious, when it comes to assessing the performance of an investment, is a 7% return on investment considered favorable or is it somewhat mediocre? For context, how does this rate compare to other investment opportunities in the current market? Is it sustainable over time, or might it be indicative of a short-term spike? Additionally, are there factors that should be taken into account when evaluating the quality of this return, such as risk, market volatility, or the investment's underlying assets? I'm looking to gain a deeper understanding of what constitutes a good return in the world of finance and cryptocurrency.
What is the 7% withdrawal rule?
Can you please explain what the 7% withdrawal rule is in the context of cryptocurrency and finance? I'm curious to understand how this rule is applied and what its purpose is. Is it a commonly accepted strategy among investors, and how does it help manage risk and ensure long-term financial stability? Additionally, are there any potential drawbacks or limitations to using this rule that investors should be aware of?