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Do you invest in International funds?
(sh.itjust.works)
FIRE is a lifestyle movement with the goal of gaining financial independence and retiring early.
Flow Charts:
Personal Income Spending Flow Chart (US)
Personal Income Spending Flow Chart (Canada)
Personal Income Spending Flow Chart (Australia)
Personal Finance Flow Chart (Ireland)
Useful Links:
Mr. Money Moustache - a frugal lifestyle blog
Related Communities:
/c/PersonalFinance@lemmy.world
/c/PersonalFinanceCanada@lemmy.ca
I am not your financial advisor. Be wary of anyone who recommends against diversififying your portfolio, as they either have an agenda, or have gotten their advice from a chain that begins with someone who does. In general, emerging markets are going to be a lot more volitile, and sometimes can crash entirely (examples include Venezuela and Sri Lanka), but if you invest smartly you should see average performance that exceeds a mature market like the one in the US.
I would recommend checking out robotraders such as Wealthfront, Betterment, Fidelity, etc. These services have algorithms that are more effective than you or I, and they can establish a properly balanced portfolio.
TL;DR: Unless you are a professional (which you are not, since you are asking this question), use a roboadvisor and don’t worry
The issue is that the fees on these usually eat any advantage they provide. As they are marketed to a more uninformed crowd the emitters will not forward the advantages to the investors.