4. Diversify Your Money When Possible
Most people that have any investments most likely have just a 401k and nothing else. While it is a great resource to have, it puts you in a high-risk situation because you are at the mercy of the stock market. It is especially tragic to hear about a couple investing in their 401k for 40+ years and when the time comes to draw off of it, the market crashes. Diversifying in multiple investments, better protects you from experiencing this sudden loss. In addition to a 401k, having a real estates fund, such as Fundrise, or a cryptocurrency investment.
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🙋Am a self taught Digital Creator , Editor 💻 from India 🇮🇳 , as well as a Technologist and a COD Gamer 🎮. Interested in learning📒 new things always for keeping up with the trend .
Tips for Personal Finance and investing money in a better way.
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