gi1242@lemmy.worldtoAsk Lemmy@lemmy.world•What's a life lesson you learned the hard way that you'd want to share with others to help them avoid the same mistake?
20·
21 days 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
I use syncthing for this purpose all the time. I seemlessly move from my work PC, home PC or laptop. I sync my data directories and most of my config settings. some are different per system (monitors, etc). 10/10 highly recommend