return2ozma@lemmy.world to Ask Lemmy@lemmy.world · 3 months agoWhat's a life lesson you learned the hard way that you'd want to share with others to help them avoid the same mistake?message-squaremessage-square242fedilinkarrow-up196arrow-down16
arrow-up190arrow-down1message-squareWhat's a life lesson you learned the hard way that you'd want to share with others to help them avoid the same mistake?return2ozma@lemmy.world to Ask Lemmy@lemmy.world · 3 months agomessage-square242fedilink
minus-squaregi1242@lemmy.worldlinkfedilinkarrow-up7·3 months agocheck where your retirement and savings are invested. buy a low cost index fund (fidelity and vanguard have great ones). do not invest in any funds that have high fees. (there are plenty of good funds with fees around 0.1%) I split my savings between: total domestic stock index total international stock index cash/money market/bonds a small amount in a sector fund with higher growth potential (e. g. tech) or risky investments
check where your retirement and savings are invested. buy a low cost index fund (fidelity and vanguard have great ones).
do not invest in any funds that have high fees. (there are plenty of good funds with fees around 0.1%)
I split my savings between: