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Whenever you keep important information on your computer (business or personal) you should aways have that data backed up. Buy yourself a CD burner if your computer didn't come with one.

Let me add that if you are storing the data in some proprietary format that you also store some sort of more generic format. That could be plain text, PDFs (proprietary but good stability), comma seperated values (for spreadsheets or similar data), etc. Even if you store an image of the document in some sort of generic format you should be able to read it for a long time too (useful for scanned documents or saving web page images that hold online brokerage info).

This is important if you plan on keeping the data around for archival needs. I just had to dig into some text data from the early 90's at home and my backup in a proprietary format was useless but the raw text versions were still readable.

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