• ipitco@lemmybefree.net
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    1 day ago

    $750 per year to keep my account open

    WHAAAAAAT

    The thing is it’s relatively simple in the most part. Just invest in a couple mainstream ETFs and boom, no need to be fancy or taking some time after that

    if you want a more safe direction then it’s a bit different but for the most part, that’s it

    • Lv_InSaNe_vL@lemmy.world
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      1 day ago

      I think you missed three facts that I keep trying to hammer home.

      1. I genuinely don’t care enough to do research and spend time watching the markets. I’m fortunate to have more money than time these days so $750 is worth vastly less than me doing it myself.
      2. It’s safer. This is a huge % of my life savings were talking about. I don’t trust myself to do it.
      3. I don’t care. At all. In any capacity.
      • ipitco@lemmybefree.net
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        1 day ago

        It’s safer. This is a huge % of my life savings were talking about. I don’t trust myself to do it.

        I can understand it, and respect your decision. At that point when we’re talking about such amounts, it’s better to offload this mental stress to a reputable company, even if it means a bit lower interest rates

        The main thing to get out of this is that you’re investing and frankly, it’s pretty much all that matter

          • ipitco@lemmybefree.net
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            1 day ago

            ❤️

            I experienced something kind of similar I guess. When I learned about this I was excited, but even though everything seems fine, there’s still this part of me that is like “what if I’m forgetting or fucking up something? I don’t want to lose my money, that’s a lot”