posted in Asklemmy
40 year olds, what financial advice would you have for a 30 year old?
50 and older, I’m sorry, but in my personal experience, your advice has been a little out of date.
Replying to @StarvingMartist@sh.itjust.works
HSA > 401k > Roth or backdoor your Ira. High yield savings changes every time you can get an extra half point of interest.
Do not, I repeat do not touch your fucking hsa unless you absolutely must and are dead dying on the ground. Take out a small loan before you touch your hsa. A little interest will be cheap as fuck compared to a years loss of hsa funds.
Look at how much fees cost. They are sneaky. Vanguard is the standard with low cost target date and index funds.
do not fuck with day trading unless you feel like gambling
Replying to @makeshift0546@lemmy.today
WTF is an HSA or 401k? We’re not all US Americans…
Replying to @helix@feddit.org
They are. Bravo on that awareness you felt the need to try and point out.
Replying to @makeshift0546@lemmy.today
The title didn’t say “40 year olds in the US” now did it? Am I required to research every poster’s history? Jeez.
Replying to @helix@feddit.org
I think the confusion about your reply is that it reads like you’re assuming the person giving advice was being ego-centric or thinking everyone lives in the US or something, when in reality they were just answering the question. Nothing malicious. Spreading their own wisdom.