MISTAKES are easy to make in investing and as a beginner there are countless unknowns, Paul Rothschild shares the 'basic formula' for generating extra income.

All that said, basic investment-only management is not only worthwhile, it is necessary. 33 basis points is the average cost of the top 10 robo-advisors as of December 31, 2018.

Understanding the numbers in your personal finances can help you take control and set reasonable short- and long-term goals. Some basic formulas can give you insight into your financial strengths ...

Income – Expenses = Cash flow . It’s hard to understand how much you’re saving until you know what cash is coming in and going out. This straightforward cash flow formula is key to your success.

Investing for beginners is a topic many shy away from. However, with the right guidance, ... By understanding the basic principles and continuously refining your strategy, ...

ROI is usually presented as a percentage and can be calculated using a specific formula. Key Takeaways. Return on investment (ROI) is an approximate measure of an investment's profitability.

Learn how the Rule of 114 helps calculate the time required to triple your investment. Discover how Rs 6,00,000 can grow into Rs 18,00,000 using this simple compounding formula.

Interestingly, people associated with developing these formulas, such as Tobias Carlisle of Acquirers Funds and Wes Gray and Jack Vogel of Alpha Architect, also consulted on the paper.