In this regard, as one of the basic rules of financial planning, the asset allocation or 10-5-3 rule states that long-term annual average returns on stocks is likely to be 10%, the return rate of bonds is 5% and cash, as well as liquid cash-like investments, is 3%.
The 10, 5, 3 rule. This is the expected long-term return from equities 10%, bonds 5%, and cash 3%. It hasn't quite worked out like that since 2008, but it's a long term view over 20 years. It can be combined with the rule of 72, so we can see how long it takes for each asset class to approximately double in value.
The Golden Rule Of 5% To 10% states you should not have your assets positioned to lose more than -5% to a maximum -10% of your total portfolio, even if the stock market crashes and loses -50% or more.
Here it is. The 10-4 Rule: Any time we're within 10 feet of someone we make solid eye contact and smile, and when we're within 4 feet, we greet them verbally.
In 1926, Louisiana shortened that time to 10 years and six months to save costs at Angola. This became known as the "10/6 law," under which the state released more than 90% of people with life sentences through commutations. This was common in 13 other states at the time, too.
Intermede Investment Partners employ a "5-10-15" rule when investing. "Five refers to a minimum 5% a year revenue growth, on average, annually. 10% is the annual EPS growth that we're looking for. And 15% is the ROE minimum threshold," explains Intermede CEO Barry Dargan.
The 10 and 5 rule is a simple guideline that is widely used in the hospitality industry. The rule dictates that when a staff member is 10 feet from a guest, the staff smiles and makes direct eye contact, and when they are within five feet, the staff verbally greets the guest.
Approach the person you're greeting and extend your hand. You'll come across as confident and assertive, not aggressive. Don't wait for the other person to take a lead. Keep it simple: shake firmly, but avoid the "death grip." A "limp fish" leaves an equally poor impression.
These simple actions take service to a higher level, yet, they are missing in many organizations. I've expanded the Disney concept in my customer service training workshops by encouraging employees to greet customers within 10 seconds of coming within 10 feet of them. I call it the 10-10 rule.
The 80/20 rule can be effectively used to guard against risk when individuals put 80% of their money into safer investments, like savings bonds and CDs, and the remaining 20% into riskier growth stocks.
Golden Rule #1: Save more, spend less
In other words, save before you spend - pay yourself first. When your monthly salary comes in, the first thing you should do is transfer a portion of it into another savings account, even before you pay your bills. And when it comes to spending, don't spend more than you earn.
To determine how much you'll need to save for retirement using the 7 percent rule, divide your desired annual retirement income by 0.07. For example, if you want to have $70,000 per year during retirement, you'll need to save $1,000,000 ($70,000 ÷ 0.07).
Assume the following: You have $100,000 saved at retirement. You could take $4,000 per year of income for each $100,000 you have (that's 4% of $100,000). If you have $500,000 saved for retirement, that's $20,000 of annual income from your investments.
One of the most common types of percentage-based budgets is the 50/30/20 rule. The idea is to divide your income into three categories, spending 50% on needs, 30% on wants, and 20% on savings.
The biggest chunk, 70%, goes towards living expenses while 20% goes towards repaying any debt, or to savings if all your debt is covered. The remaining 10% is your 'fun bucket', money set aside for the things you want after your essentials, debt and savings goals are taken care of.
The idea behind the 10:5 rule is that anytime you find yourself within 10 feet (3 meters) of someone, you should smile and make eye contact. When you are within 5 feet (1.5 meters) of someone, you should greet them with a friendly hello or other greeting.
The five-second rule, sometimes known as the three-second rule, is a food hygiene myth that states a defined time window where it is safe to pick up food (or sometimes cutlery) after it has been dropped on the floor or on the ground and thus exposed to contamination.
The “10-Foot, 3-Second” rule is a rule of thumb regarding visual controls. From 10 feet away, you should be able to assess the status of an operation within 3 seconds.
But etiquette also expresses something more, something we call "the principles of etiquette." Those are consideration, respect, and honesty. These principles are the three qualities that stand behind all the manners we have.
The Platinum Rule says we should do unto others the way they want us to do unto them. In other words, you have to treat people the way they want to be treated, not the way you want to be treated. That requires a little more effort.
When you enter a room you should be the first person to greet everyone there regardless of your status..
The framework is simple: before you make a decision, ask yourself three questions: 10 minutes from now, how will I feel about this decision? 10 months from now, how will I feel about this decision? 10 years from now, how will I feel about this decision?
10–5–10 rule: Eat for 10 minutes, take a break for 5 minutes — a complete halt on eating, and resume for another 10 minutes. By the end of these 25 minutes, there are high chances that you would have eaten less than you normally would have, and still feel “full”.
A great way to prioritize and make decisions is to apply the 10/10/10 rule – which helps analyze the short-term and long-term consequences of your work-life balance decisions. This decision framework was created by writer and author Suzy Welch, and her original model uses 10 minutes, 10 months, and 10 years.