Invest only what you can afford to lose
macy
Rep Points: 500
Investment always involves risk. Be prepare on whatever outcome you may have. Just spend the money you think you can ignore it if something bad happen.
I've always followed that rule. I invested some money awhile back and did make some money off of it. If I had of lost it I wouldn't have missed it as much as I would have if I put in more than I could afford. Some people tend to forget that and end up losing it all.
It's like putting money in a slot machine. Don't do it if you can't afford to lose it.
macy
Rep Points: 500
This usually applies on online investments such as hyip and autosurf. Most of them were short term and usually just a game which high risk must be aware of
neol
Rep Points: 250
Hey i have never heard of hyip kind of investments. Are they safe and qworth it.
its not good to invest in risky biz get some cds at a good bank like wells fargo
"An investment operation is one which, upon thorough analysis, promises safety of principal and a satisfactory return. Operations not meeting these requirements are speculative."
this is the definition of investment according to Benjamin Graham. so i think you are referring to speculation when you say invest what you can afford to lose
Good point Jaobedoza. I have invested in a CD and I don't see it as a risk.
ya right, invest your income, where you won't care bad, if any part of your investment is lossed!
[QUOTE=macy;291]This usually applies on online investments such as hyip and autosurf. Most of them were short term and usually just a game which high risk must be aware of[/QUOTE]
I don't think it is a wise decision to risk your hard earned money in HYIPs and autosurf programs. Most of these if not all are scam. Stocks trading is definitely much reliable.
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