Posted on
March 30, 2009
at
5:15 pm
When you are investing each month it is important to decide how much to invest. If you invest too much and you lose the investment then you will end up in debt. Today I bought more shares without doing proper research and now I am worried they may drop money. I have about £800 in shares but everything is negative at the minute and I am losing money. I need to make sure I dont invest anymore as I will have to use my credit card again this month. Do you set a limit when investing and more importantly do you stick to them?
Posted on
March 30, 2009
at
5:32 pm
if i ever did invest it then i would probably limit myself to around 50 pounds because a lot of investing sites can lose you money
Posted on
March 30, 2009
at
5:50 pm
Yes! I believe it is very important to invest wisely! My brother went hog wild when he decided to invest in the stock market and ended up loseing $10,000!
Posted on
April 6, 2009
at
5:06 am
ya its very important to limit our budget otherwise it may create a problem in future
Posted on
April 6, 2009
at
5:13 am
yes!! it is wise and just plain common sense to do some background check on the company where you are planning to buy stocks and it is always wise again to go for those companies which have a good reputation and which have a graph that goes up and not down. There are cases where some stocks value have gone up suddenly only to come crashing so its wise to wait and see and then i heard some financial advisors saying that usuually when your stocks value have gone down, that means its at that time there are more chances of getting a good profits the next round.
Posted on
April 6, 2009
at
5:51 am
You bring up a good point. I haven't reached the ability to start investing my money yet, but I definitely wouldn't invest all of my savings. What if something happened and I needed to utilize it? I am not sure what percentage of my income I would want to invest. 20%-30% I think it depends on how much I currently have in savings and what my income is and what the expected return would be. All factors to consider.
Posted on
April 6, 2009
at
6:12 am
yes...it is important to have limits when you are investing. So that you can control your funds..
Posted on
April 6, 2009
at
6:45 am
well, it is sure that we must do complete research before investing.
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Posted on
April 6, 2009
at
7:17 am
Its very important to set limit. Let it be on investments or spending because without limit you will have lesser control over the situation and your money. And while investing always try to reinvest your profit after taking out the major part of your capital.
